Credits: 6

Schedule: 19.08.2019 - 30.08.2019

Teacher in charge (valid 01.08.2018-31.07.2020): 

Daniel Hauser

Contact information for the course (applies in this implementation): Daniel N. Hauser
Office: Ekonominaukio 1, Room Y320
Email: Daniel.hauser@aalto.fi

Teaching Period (valid 01.08.2018-31.07.2020): 

August (2019-2020)

Learning Outcomes (valid 01.08.2018-31.07.2020): 

This course is an introduction to the mathematical concepts needed to read and produce economics research. The aim is to
develop the basic methodological skills required to analyze and apply economic theory and econometric techniques to the
problems they will study throughout the program. The key topics covered include:
- Analysis
- Constrained and Unconstrained Optimization
- Probability

Content (valid 01.08.2018-31.07.2020): 

- Analysis: Implicit function theorem, convex/concave functions, fixed point theory, separating hyperplanes, envelope theorem
- Optimization: Unconstrained optimization (1st+2nd order conditions), Con-strained Optimization (Lagrange Multiplies,
Karush Kuhn Tucker Conditions), Berge's Maximum Theorem
- Probability: basic concepts (moments, independence, conditional probabil-ity), law of large numbers, central limit theorem, frequentist inference

Details on the course content (applies in this implementation): 

This course is an introduction to the mathematical concepts needed to read and produce economics research. The aim is to develop the basic methodological skills required to analyze and apply economic theory and econometric techniques to the problems they will study throughout the program. The key topics covered include:

 - Analysis

 - Constrained and Unconstrained Optimization

 - Probability

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

100% Exam

Elaboration of the evaluation criteria and methods, and acquainting students with the evaluation (applies in this implementation): There will be an exam at the end of the course

Workload (valid 01.08.2018-31.07.2020): 

- Contact Teaching 24h
- Exercise sessions: 8h
- Exam 2h
- Independent work 126h

Study Material (valid 01.08.2018-31.07.2020): 

Recommended textbook is Simon and Blume (Mathematics for Economists, 1994, Norton & Company)

Availability

Course Homepage (valid 01.08.2018-31.07.2020): 

https://mycourses.aalto.fi/course/search.php?search=31E30416

Grading Scale (valid 01.08.2018-31.07.2020): 

Pass/Fail

Registration for Courses (valid 01.08.2018-31.07.2020): 

Registration for course and exam via WebOodi

Description

Registration and further information