| TEXTBOOK: |
Fundamental Methods of Mathematical Economics. Alpra C. Chiang, 2005 edition |
| REFERENCE: |
An Introduction to Mathematical Methods in Economics J. Colin Glass, latest edition |
| PREREQUISITES: |
Econ 435 Econ 201 |
| GRADE: |
- Homework (25%): Every other week.
- Midterm (35%): at regular lecture time.
- Final Exam (40%): Time and place will be announced.
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| TENTATIVE OUTLINE: |
- PART I Equilibrium (or Static) Analysis
- Review
- The Nature of Mathematical Economics
- Equilibrium Analysis in Economics
- Linear Models and Matrix Algebra
- Linear Models and Matrix Algebra Continued
- PART II Comparative-Static Analysis
- comparative Statics and Derivative
- Rules of Differentiation and Their application in Comparative Statics
- Comparative-Static Analysis of General Function Models
- PART III Optimization Problems
- Optimization: A special variety of Equilibrium Analysis
- Exponential and Logarithmic Function
- Optimization: the case of more than one Choice variable
- Constrained Optimization
- PARTIV Mathematical Programming and Game Theory
- Linear Programming
- Game Theory
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