Mathematical Economics (Fall 2013)

You can see this document at http://cc.kangwon.ac.kr/~kimoon/me/me-132/me-132g-s.html.

  • How to find the site for this course:
    Homepage of Kimoon Cheong (http://cc.kangwon.ac.kr/~kimoon) => 강의실 => Fall 2013 => Mathematical Economics
  • How to get an A in this course

Introduction

  • The course considers the mathematics of equilibrium, slopes and derivatives, differentials, optimization (maximizing and minimizing stuff like profit, cost and utility), and constrained optimization (e.g., maximizing utility subject to the budget constraint) and integration (consumer surplus). Applications include problems in consumer and producer theory, general equilibrium, welfare economics, growth and discounting, oligopoly behavior, and game theory.
  • Economic theory and critical thinking will be stressed. After completing the course, you will be better able to critically evaluate economic theories.
  • To do well in this course, you will need to understand and use mathematical tools. In this sense, an understanding of some mathematics is necessary for you to do well in the course. You will also need to understand and use economic theory, and, most importantly, you will need to be able to integrate the economic theory and the math to solve economic problems. You can only achieve this integration of mathematics and economics by solving economic problems.

Textbook:

Instructor:

Evaluatiom:

  • Class Participation/Homeworks: 60%
  • Final Exam: 40%

Important Notes

  • The official language in the class is English.
  • There is no such thing as a free lunch.

Weekly Schedule

    • Review and Discussion
    • Final Exam

Last Modified: