Mathematical Economics

Course description:

This course focuses on the mathematical methods and models that are required to understand current economics and to investigate economic models. Topics include differential and integral calculus; system of linear equations and advanced matrix algebra; mathematical programming with linear and nonlinear problems; optimization with and without constraints; time-path of economic variables with difference and differential equations; dynamic optimization; and applications in economic models.

Learning Outcomes:

On successful completion of this course, students will be able to:

1. Use appropriate techniques to solve problems with calculus, linear algebra, difference and differential equations, and optimal control theory.
2.  Model economic questions as mathematical problems.
3.  Analyse and develop technical ideas thoughts in professional journals