ECO 4312 - Mathematical Economics

Credits: 4
This course deals with the application of basic mathematical principles and methods to various types of economic problems, including (1) the mathematical representation of basic economic principles and theories through economic models, (2) the use of matrix algebra in economic analysis, (3) the elements of calculus used in marginal analysis and the economic principles of unconstrained and constrained maximization and minimization and, (4) the application of differential and difference equation models in the study of economic growth.