ECO 3145 Mathematical Economics I

3 units
Economics
Faculty of Social Sciences
Introduction to the following concepts and techniques: Cramer's Rule; static optimization of functions with and without constraints (first-order conditions, local and global sufficiency conditions, set convexity, concavity / convexity / quasi-concavity / quasi-convexity of functions, Lagrange method, Kuhn-Tucker conditions, complementary slackness); implicit functions; comparative statics; Taylor series; envelope theorem; applications of integration in economics; first-order difference and differential equations.

Components:

Lecture

Requirements:

Prerequisites: ECO 1102 , ECO 1104 , ( MAT 1308 or MAT 1300 or MAT 1320 or MAT 1330 ), ( MAT 1302 or MAT 1341 ).

Previously Offered Terms:

Fall
Winter
Summer

French Equivalent:

Organized

327 responses

4.21

/ 5

strongly agree
50%
agree
36%
disagree
10%
strongly disagree
3%
25%
50%
75%
100%

Clear Expectations

90 responses

4.40

/ 5

strongly agree
61%
agree
23%
neither agree nor disagree
12%
disagree
1%
strongly disagree
2%
25%
50%
75%
100%

Learned a Lot

328 responses

4.19

/ 5

strongly agree
49%
agree
36%
disagree
12%
strongly disagree
2%
25%
50%
75%
100%

Recommend

238 responses

3.86

/ 5

strongly agree
37%
agree
40%
disagree
18%
strongly disagree
5%
25%
50%
75%
100%

Workload

238 responses

2.46

/ 5

very heavy
12%
heavier than average
39%
average
42%
lighter than average
6%
very light
1%
25%
50%
75%
100%

Fair Assessments

327 responses

4.43

/ 5

strongly agree
63%
agree
28%
disagree
6%
strongly disagree
2%
question not applicable
0%
25%
50%
75%
100%