AH2009 Mathematics for Economic Analysis 7.5 credits
Mathematics for Economic Analysis
The course is intended for graduate students of economics whose mathematical requirements go beyond the material usually taught in undergraduate courses. In particular, it presents most of the mathematical tools required for typical graduate courses in economic theory, both micro and macro. The mathematics for economics is demanding in level and broad ranging in content, whilst remaining accessible and interesting to its target audience. The course is open to anybody who has a basic training in mathematical analysis and linear algebra. The course’s syllabus starts off with a refreshing of basic concepts but progresses into more advanced material. The aim is to provide the students with a solid understanding of the math necessary for grasping the mathematical intuition of micro and macro models. It gives a good overview of function properties, differentiation and integration. It also extends elementary matrix algebra, multivariable calculus, and static optimization. An important part of the course is examples and problems to be solved in class and as home assignments.
Educational levelSecond cycle
Academic level (A-D)C
Grade scaleA, B, C, D, E, FX, F
At present this course is not scheduled to be offered.
The aim is to make students familiar with the foundations of mathematics for economic analysis.
The students should learn how to apply mathematical tools for analyzing and interpreting results from the relevant literature. The students should also be able to use mathematical skills for formulating own models and making relevant conclusions.
Course main content
The content comprises linear algebra, statistics, single and multivariable calculus, static optimization
- Fundamentals of Mathematical Statistics
- Functions of One Variable and Many Variables
- Properties of a Function
- Derivates in Use
- Single- and Multi-Variable Optimization
- Tools for Comparative Statics
- Constrained Optimization
- Matrix and Vector Algebra
A completed Bachelor's degree including at least 30 credits in mathematics/Economics and documented proficiency in English B or equivalent (TOEFL, IELTS eg).
K. Sydsaeter, P Hammond: Essential Mathematics for Economic Analysis (2006)
- TEN1 - Examination, 7.5 credits, grade scale: A, B, C, D, E, FX, F
Requirements for final grade
Home assignments, written exam.
ITM/Industrial Economics and Management
Zara Daghbashyan, firstname.lastname@example.org
Course plan valid from:
Examination information valid from: Autumn 07.