Objectives
At the end of the course the student must have practical knowledge of mathematical methods and skill in the handling of mathematical techniques that are widely used in courses and literature of the post-first-year-phase of the Bachelor's programme.
Contents
- Part 1
Optimization techniques in a setting with constraints. Extensions of the theory presented in the course Mathematics (6 EC). Connection between the primal and the dual problem, (in)direct utility functions, (quasi)-concave functions, compensated and uncompensated demand functions, Slutsky relations, the elasticity of substitution, production functions and homothetic functions;
- Part 2
Extension of the theory of Linear Algebra presented in the course Statistics (6 EC). Difference equations. Systems of difference equations. Parameter analysis and Stability of equilibrium in dynamic models. Application of the theory in micro- and macro-economic models;
- Part 3
Solving dynamic models using the software package Mathematica.
Registration at
Please go to https://www.sis.uva.nl
Format
Two times three hours of classes per week.
There will be an opportunity to participate in Mathematica computer sessions. Further details will be published on Blackboard at https://blackboard.ic.uva.nl.
Time
Please go to http://rooster.uva.nl
Study materials
- Syllabus Mathematical Economics, Part 1. Optimization Techniques (c. €6);
- Syllabus Mathematical Economics, Part 2. Linear Algebra and Dynamic Systems (c. €8);
- Syllabus Mathematical Economics, Part 3. Mathematica (c. €5).
All syllabi are available at the Sefa desk.
Assessment
A midterm test (35%) and a written examination (3 hours; 65%) with open questions at the end of the block.
Active participation in the computer sessions Mathematica is rewarded by a bonus in the final test.
Final test: open questions. Bonus points remain valid for a year,(two exams).
For further details look at the Blackboard site of Mathematical Economics.
Examination date
Please go to http://rooster.uva.nl and http://www.student.uva.nl/feb-academicyear.
Remarks
Updates of this text, updates of the schedule of the course, detailed information about the bonus Mathematica and examples of the final test are available on Blackboard.
|