Weeks | Topics |
1 |
Introduction, The Nature of Mathematical Economics
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2 |
Economic Models, Equilibrium Analysis in Economics
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3 |
Linear Models and Matrix Algebra
i) Matrix operations, Cramer Rule
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4 |
Linear Models and Matrix Algebra
i) The application of market and national income models
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5 |
Comparative Statics and the concepts od derivative
i) Rules of derivative and their use of comparative statics
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6 |
Comparative-statics Analysis of General Function Model
i) Total differentials
ii) Derivatives of Implicit functions
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7 |
Optimization: optimum values and extrem values, relative maximum and minumum
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8 |
Midterm exam
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9 |
Exponential and Logarithmic Function, optimal timing, the case of more than one choice variable
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10 |
Exponential and Logarithmic Function, optimal timing, the case of more than one choice variable
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11 |
Optimization with Equality constraints: utility maximization
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12 |
Optimization with Equality constraints: Least-cost combination of inputs
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13 |
Dynamic Analysis: Continuous Time
i) First-order differential equations
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14 |
Dynamic Analysis: Discrete Time
i) First-order difference equations
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