Course Catalog - 2014-2015

     

ECON 401 - MATHEMATICAL ECONOMICS

Long Title: MATHEMATICAL STRUCTURE OF ECONOMIC THEORY
Department: Economics
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 3
Prerequisite(s): (ECON 301 OR ECON 370) AND (MATH 212 OR MATH 221) AND (MATH 211 OR MATH 355 OR CAAM 335)
Description: There are two purposes for this course: i) to provide juniors and seniors in Economics with the essential mathematical tools; ii) to show how these tools are applied in economic theory. Accordingly, the course is divided into two parts. The first part covers mathematical topics, such as real analysis and optimization. The second part introduces some fundamental topics in economic theory, such as game theory and auction theory, to which the mathematical tools are applied. The course emphasizes logical clarity and mathematical rigor, along with the ability to follow and construct mathematical proofs.