Economics
Approved course information last updated: 2 years, 3 months ago
Pre-requisites: ISOM 110 ECON 140
Requisite To: ECON 320 ECON 340 ECON 350
Lab Session:
This course covers the basic mathematical tools required for the study of economic intermediate theory courses, econometric and upper-division electives in economics. Topics include economic applications of functions, derivatives and integrals, optimization with two or more independent variables, constrained opti- mization, matrix algebra, and difference and differential equations.
- 1. model economic questions as mathematical problems.
- 2. apply their prior knowledge of calculus and matrix algebra to economic applications.
- 3. mathematically express economic concepts and successfully interpret relevant variables and parameters in economic models.
- 4. acquire foundations of major techniques used to solve constrained optimization problems in economics.
- 5. acquire foundations of major difference and differential equations techniques used in economic theory.