ECON475 INTRODUCTION TO MATHEMATICAL ECONOMICS I
| Course Code: | 3110475 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Assist.Prof.Dr NİL İPEK ŞİRİKÇİ |
| Offered Semester: | Fall or Spring Semesters. |
Course Objectives
This course aims to provide the students with an understanding of the elements of matrix algebra, differential calculus and optimization (unconstrained, equality-constrained and inequality constrained optimization), and to introduce to them the various economic models in which these methods are utilized.
Course Content
Nature of equilibrium analysis. Comparative statics and dynamic analysis. Mathematical treatment of some topics in microeconomics.
Course Learning Outcomes
At the end of the course, the students are expected to be able to apply the mathematical tools introduced to formulate and solve economic problems and to be able to use them in different economic contexts.