Economics (ECON)
Department of Economics
Faculty of Public Affairs
ECON 2400 [0.5 credit]
Mathematical Methods of Economics
Optimization, with and without constraints, and comparative static methods applied to models such as utility maximization and least-cost production; homogenous functions; compounding and exponential functions; economic models involving integration; the use of matrix algebra and differential equations.
Prerequisites:
ECON 1000 or
FYSM 1003, with a grade of C- or higher; registration in a B.A. Economics or B.Com. program;
MATH 1009 (or equivalent) and
MATH 1119 (or equivalent).
Lectures three hours a week.
