This document outlines an introductory mathematical economics course that covers optimization, linear algebra, and differential equations. The course uses the textbook "A First Course in Optimization Theory" by Rangarajan Sundaram, which teaches optimization techniques including unconstrained optimization, optimization with equality and inequality constraints, and convexity. The course content for the optimization portion includes preliminaries on logic, sets, and functions, as well as existence of optima, the envelope theorem, and parametric continuity. Real analysis concepts will also be interspersed throughout the optimization lessons.
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Syllabus of 002 course at Delhi School of Economics
This document outlines an introductory mathematical economics course that covers optimization, linear algebra, and differential equations. The course uses the textbook "A First Course in Optimization Theory" by Rangarajan Sundaram, which teaches optimization techniques including unconstrained optimization, optimization with equality and inequality constraints, and convexity. The course content for the optimization portion includes preliminaries on logic, sets, and functions, as well as existence of optima, the envelope theorem, and parametric continuity. Real analysis concepts will also be interspersed throughout the optimization lessons.
This document outlines an introductory mathematical economics course that covers optimization, linear algebra, and differential equations. The course uses the textbook "A First Course in Optimization Theory" by Rangarajan Sundaram, which teaches optimization techniques including unconstrained optimization, optimization with equality and inequality constraints, and convexity. The course content for the optimization portion includes preliminaries on logic, sets, and functions, as well as existence of optima, the envelope theorem, and parametric continuity. Real analysis concepts will also be interspersed throughout the optimization lessons.
Instructors: Abhijit Banerji and Sugata Bag Objectives. To learn some of the tools that frequently feed into Micro, Macro and Econometrics. Prerequisites. Mathematical content at the level of Sydsaeter and Ham- mond, the undergraduate Mathematics for Economics textbook in the Uni- versity of Delhi. Description. There are 3 parts to the course. 1. Preliminaries, and Optimization (AB) 2. Linear Algebra (SB) 3. Dierential Equations (AB) We will list the course content for Part 1 here. The main text well use for this part is Rangarajan Sundaram. 1996. A First Course in Optimization Theory. Cambridge University Press. (RS) An alternative textbook that covers a lot of the same material is Carl Simon and L. Blume. 1994. Mathematics for Economists. Norton and Co. We will not use this book, by and large, but this is a good book to read (on your own) if your Math is a bit shaky. You may nd RS hard even if your Math is not shaky, but if you stay with it, you will only grow. And if you nd RS quite doable (or a breeze), you are underchallenged: you should consider building up your real analysis foundations in that case. Alternative texts include the ones by Shilov, baby Rudin, Apostol; or at a more advanced level, Efe Ok. Course Content for Part 1 (i) Preliminaries: Logical Implications, Sets, Relations, Functions etc. (RS - Appendix A). (ii) Optimization: Existence of Optima; Unconstrained Optimization; Opti- mization with (a) Equality Constraints (b) Inequality Constraints; Envelope Theorem; Convexity and Optimization; and possibly, Parametric Continuity. (RS- Chapters 1-6, a bit of chapters 7 and 9). Real Analysis background will be interspersed in the exposition. 1