ECON 2248 Introduction to Mathematical Models in Economics 2.0 Credits
The purpose of the course is to cover basic calculus optimization as applied in economics contexts to prepare students for intermediate level economics. While the main tools for the course are obviously math tools, they are math used in business & economic analysis, modeling, and research. The course will go over applications of unconstrained & constrained optimization to microeconomics, macroeconomics, and econometrics and make the connections between the tools and their uses. That includes both single and multi-variate calculus applications and optimality conditions. Economic interpretation of the math is more important than the math itself and the focus of the course. With this course, students should be prepared to handle the math used in intermediate level economics courses (300 level and above).
Repeat Status: Not repeatable for credit
Prerequisites: (MATH 102 [Min Grade: C] or MATH 117 [Min Grade: C] or MATH 121 [Min Grade: C] and ECON 201 [Min Grade: C]) or (MATH 1002 [Min Grade: C] or MATH 1201 [Min Grade: C] and ECON 1201 [Min Grade: C])