ECON 255 Introduction to Mathematical Economics
An introduction to the use of mathematics in economic analysis. The first part of the course will concentrate on techniques for constrained and unconstrained optimization, as applied to problems of firm and consumer behaviour. This will lead to the interpretation of Lagrange multipliers as shadow prices. The second part of the course will show how matrix algebra may be used to study problems of production and allocation in interdependent economies.
LEARNING HOURS 120 (36L;84P).
Subject Code for Applied Economics: APEC Subject Code for Economics: ECON Subject Code for Politics-Philosophy-Economics: PPEC World Wide Web Address: www.econ.queensu.ca/
...0, CISC 271 /3.0, ECON 255 /3.0, ECON 351 /3.0, GPHY 347...