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ECON 386

Applications of Mathematics to Economics I

3 units

Fall 2026

Topics

  • Quadratic equations, absolute values, summations. Chs. 1—3
  • Basic functions. Chs. 4—5
  • Integration (by substitution, by parts) for functions in one variable
  • Continuous compounding of interest/ present values
  • Unconstrained optimization with multiple choice variables. Envelope Theorem
  • Constrained optimization with multiple choice variables. Envelope Theorem. Shadow prices
  • Matrix algebra, determinant only), matrix inversion, use matrices to solve linear systems of equations, Cramer’s rule, Leontief’s model. Chs 12—13

Readings

  • Essential Mathematics for Economic Analysis (6 th Edition). Authors: Knut Sydsaeter, Peter Hammond, Arne Strom, and Andres Carvajal. ISBN: 9781292359281
    required
    ISBN 9781292359281
Fall 2025

Topics

  • Quadratic equations, absolute values, summations. Chs. 1—3
  • Basic functions. Chs. 4—5
  • Integration (by substitution, by parts) for functions in one variable
  • Continuous compounding of interest/ present values
  • Unconstrained optimization with multiple choice variables. Envelope Theorem
  • Constrained optimization with multiple choice variables. Envelope Theorem. Shadow prices
  • Matrix algebra, determinant only), matrix inversion, use matrices to solve linear systems of equations, Cramer’s rule, Leontief’s model. Chs 12—13
Sources