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ECON-425 Mathematics for Economics

ECON-425 Mathematics for Economics
Fall only
Faculty:
  • Gale, Ian
    • This course will introduce you to the mathematical tools employed in economics. After a brief review of basic concepts, we turn to optimization problems subject to equality and inequality constraints. The method of Lagrange (and generalizations by Kuhn and Tucker) will be introduced and employed to solve static problems. Optimal control and dynamic programming will be used for dynamic problems.
    Credits: 3
    Prerequisites: ECON-101 or ECON-103; and ECON-102 or ECON-104.
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