The nature of mathematical economics. Linear economic models. Comparative statics. Optimization: a special variety of equilibrium analysis. Lagrange multipliers. Shadow prices.
Credit Weight:
0.5
Prerequisite(s):
Economics 2017 or permission of the Chair of the Department of Economics
Offering:
3-2; or 3-2
Course Classifications:
- Type B: Social Sciences
- Type C: Engineering, Mathematical and Natural Sciences