ECON 1111
Mathematical Methods in Economics II
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This course introduces basic mathematical tools that are indispensable in modern economics. Topics include integration, partial differentiation, implicit function method, optimization for multiple variable functions, and Lagrangian multiplier. Economic applications are also covered, including equilibrium analysis, comparative statics, profit maximization, consumer demand, and dynamic analysis. Students should have knowledge of elementary differential and integral calculus, and are advised to take ECON1101 before taking this course.
This course introduces basic mathematical tools that are indispensable in modern economics. Topics include integration, partial differentiation, implicit function method, optimization for multiple variable functions, and Lagrangian multiplier. Economic applications are also covered, including equilibrium analysis, comparative statics, profit maximization, consumer demand, and dynamic analysis. Students should have knowledge of elementary differential and integral calculus, and are advised to take ECON1101 before taking this course.
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