Course overview
This course concentrates on the mathematical methods that are required to understand current economics and to investigate economic models. Topics may include advanced matrix algebra, optimisation with and without constraints, and dynamic optimisation.
Course learning outcomes
- Possess a solid grasp of essential mathematical tools required for the further studies in economic theory.
- Use and explain the underlying principles, terminology, methods, techniques and conventions used in the subject.
- Develop an understanding of optimization techniques used in economic theory.
- Encourage students to think about applying these mathematical tools in their own research, if necessary, with suitable modifications.
- Solve economic problems using the mathematical methods described in the course.
- Use the mathematical methods described in the course to analyze and solve problems in tutorials in a group discovery setting.