Math for Economists (MA)

PREREQUISITE: UNDERGRADUATE CALCULUS & STATISTICS

OPEN ONLY TO ECON MA STUDENTS. STUDENTS MUST ALSO REGISTER FOR RCT SEC 012. All other students MUST have written permission from MA DGS

Applications of mathematics to economics: functions, simultaneous equations; linear models and matrix algebra; determinants, inverse matrix, Cramer?s rule; differentiation and optimization of functions of one or more variables; quadratic forms, characteristic roots and vectors, constrained optimization; interpretation of the Lagrange multiplier. Techniques applied to examples from the theory of the firm and consumer behavior.