Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

After this course the student knows the basic mathematics needed in the analyses of economic models. The student also understands the basic principles of building mathematical models of economic phenomena.

Credits: 6

Schedule: 02.09.2024 - 11.12.2024

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Mitri Kitti

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: Finnish, English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    Course includes the following topics:
    - linear algebra
    - multivariate calculus
    - optimization
    - consumer and firm theory
    - comparative statics
    - basics of dynamic models

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Examination, exercises and class contribution.

Workload
  • valid for whole curriculum period:

    Lectures, Exercises, Independent work. Total 160h.

DETAILS

Study Material
  • valid for whole curriculum period:

    Simon, Carl P. and Blume, Lawrence: Mathematics for Economists  (1994).

     

     

Substitutes for Courses
Prerequisites

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    Teaching Language: English

    Teaching Period: 2024-2025 Autumn I - II
    2025-2026 Autumn I - II