Introduces mathematical tools and techniques used in the study of economics at an advanced level. Subjects discussed include static analysis, comparative statics, optimization methods, dynamic analysis, and mathematical programming.
Intended Learning Outcomes
CILO-1: Apply optimization theory to model rational choices in microeconomic analyses.
CILO-2: Analyze market equilibrium using mathematical tools and techniques.
CILO-3: Conduct welfare analysis in economics using mathematical methods.
CILO-4: Articulate economic reasoning underlying the formal analysis in both microeconomics and macroeconomics.