Mathematics for Economists
- The objective of the course is to acquire the students’ knowledge in the field of mathematics and to make them ready to analyze simulated as well as real economic situations.
- Students apply Weierstrass theorem.
- Students give definition for main concepts of the set theory.
- The basics of the set theory. Functions in Rn
- Differentiation. Gradient. Hessian.
- Implicit Function Theorems and their applications.
- Global extrema. Constrained optimization with inequality constraints.
- Kunh-Tucker conditions. Homogeneous functions.
- Unconstrained and constrained optimization.
- Constrained optimization for n-dim space. Bordered Hessian.
- Sydsæter, K., & Hammond, P. J. (2016). Essential Mathematics for Economic Analysis (Vol. Fifth edition). Harlow, United Kingdom: Pearson. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=nlebk&AN=1419812
- Anthony, M., & Biggs, N. (1996). Mathematics for Economics and Finance : Methods and Modelling. Cambridge [England]: Cambridge eText. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=510977