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

353 responses

4.16

/ 5

strongly agree
49%
agree
35%
disagree
11%
strongly disagree
4%
25%
50%
75%
100%

Clear Expectations

116 responses

4.29

/ 5

strongly agree
57%
agree
22%
neither agree nor disagree
16%
disagree
2%
strongly disagree
3%
25%
50%
75%
100%

Learned a Lot

354 responses

4.16

/ 5

strongly agree
48%
agree
35%
disagree
13%
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

353 responses

4.40

/ 5

strongly agree
61%
agree
28%
disagree
7%
strongly disagree
3%
question not applicable
1%
25%
50%
75%
100%