ECON 304: Mathematical Economics II

SYLLABUS, Spring 2009-2010

Lecturer: Dr. Arzu ALVAN

Office: Building #6, Room: 0409, Phone:+90232 Fax: +90232 4115020

4115215 Email:arzu.alvan@yasar.edu.tr Prerequisites: BUS 105 and BUS 106

Main Text Book:Fundamental Methods of Mathematical Economics, Alpha C. Chiang, Kevin Wainwright, 4th
edt. McGraw Hill, ISBN 007- 123823-9.
Other texts that may be helpful:
1) Introduction to Mathematical Economics (3rd Ed.), Edward T. Dowling . Schaum’s Outline Series,
McGraw-Hill Irwin.
2) Mathematics for Economics and Business, Ian Jacques, 5th edt. Prentice Hall, ISBN-10: 0-273-70195-9
3) Sydsaeter, K.; Hammond, P., Essential Mathematics for Economic Analysis, Prentice Hall, 2nd
edt.2006.
Description, aim and Objective: The course focuses on application of mathematics to economic analyses to
illustrate the insights that mathematical skills can bring to analysis. Mathematical applications in economics will
be the focus of the course rather the proofs of the theorems.
Grading Midterm Exam: 40%
Final Exam: 60%
Course Outline
WEEKS TOPICS

1 Ch. 8- Comparative-Static Analysis of General-Function Models

2-3
OPTIMIZATION PROBLEMS
Ch. 9- Optimization: A Special Variety of Equilibrium Analysis

4 Ch. 10- Exponential and Logarithmic Functions

5 Ch. 11- The Case of More than One Choice Variable
MID TERM EXAM WEEK
Ch. 12- Optimization with Equality Constraints
7-8

9-10
Ch. 13- Further Topics in Optimization

DYNAMIC ANALYSIS
11-12
Ch. 14- Economic Dynamics and Integral Calculus
13-14
Ch. 15- Continuous Time: First-Order Differential Equations

FINAL EXAM WEEK