SMU Classification: Restricted

School of Economics
Academic Year 2022-23
Term 2

ECON 104, Mathematics for Economics

Instructor : Yi Xin
Email : xinyi@smu.edu.sg
Office : SOE Adjunct Office

Course Description and Learning Objectives

This course surveys the basic mathematical concepts for economic studies at undergraduate
level. Topics such as calculus, matrix algebra, and optimization will be introduced with economic
applications. At the end of the course, students are expected to grasp the basic mathematical
tools and use them in the study of economics and econometrics.

Assessment Methods

Class Participation 10%

Problem Sets 20%
Quiz 30%
Final Exam (closed book) 40%
Total 100%

Course Assessment Details

There will be one quiz in class before the recess week. Problem sets will be posted on eLearn
and will be graded based on efforts. There will be no make-up quiz. Students who miss the quiz
with valid reasons will be allowed to transfer the weight to the final exam.

Recommended Text and Readings

• Sydsaeter, K., Hammond, P., Strom, A. and Carvajal, A. Essential Mathematics for Eco-
nomic Analysis, 5th Edition, Pearson.

Academic Integrity

All acts of academic dishonesty (including, but not limited to, plagiarism, cheating, fabrication,
facilitation of acts of academic dishonesty by others, unauthorized possession of exam
questions, or tampering with the academic work of other students) are serious offences.

All work (whether oral or written) submitted for purposes of assessment must be the student’s
own work. Penalties for violation of the policy range from zero marks for the component
assessment to expulsion, depending on the nature of the offense.

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When in doubt, students should consult the instructors of the course. Details on the SMU Code
of Academic Integrity may be accessed at http://www.smuscd.org/resources.html.

Accessibility

SMU strives to make learning experiences accessible for all. If students anticipate or
experience physical or academic barriers due to disability, please let the instructor know
immediately. Students are also welcome to contact the university's disability services team if
they have questions or concerns about academic provisions: included@smu.edu.sg.

Please be aware that the accessible tables in the seminar room should remain available for
students who require them.

Emergency Preparedness for Teaching and Learning (EPTL)

Where there is an emergency that makes it infeasible to have classes on campus, classes will
be conducted online via WebEx, with no disruption to the schedule. To familiarise students
with the WebEx platform, part of this course may be conducted online. The instructor will
inform students of which classes, if any, will be conducted as part of this EPTL initiative.

Copyright Notice

Please note that the course materials are meant for personal use only, namely, for the
purposes of teaching, studying and research. You are strictly not permitted to make copies of
or print additional copies or distribute such copies of the course materials or any parts thereof,
for commercial gain or exchange. For the full copyright notice, please visit:
https://smu.sg/Copyright-notice or OASIS > Campus Life & Exchange > Conduct & Discipline
> University Council of Student Conduct.

Weekly Lesson Plan

Week Topic Chapter

1 9 Jan 23 Differentiation 6&7

2 16 Jan 23 Derivatives and Its Applications 6, 7, and 11

3 23 Jan 23 Implicit Function Theorem 12

4 30 Jan 23 Basic Matrix Algebra 15 & 16

5 6 Feb 23 Matrix Applications and Vector Algebra 15 & 16

6 13 Feb 23 Integration and Applications 9 & 10

7 Optimization without Constraint (I)

20 Feb 23 8 & 13
Quiz
8 27 Feb 23 Recess Week

9 6 Mar 23 Optimization without Constraint (II) 13

10 13 Mar 23 Optimization with Equality Constraint (I) 13 & 14

11 20 Mar 23 Optimization with Equality Constraint (II) 14

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12 27 Mar 23 Optimization with Inequality Constraint 14

13 3 Apr 23 Basic Differential Equations Lecture Notes

14 10 Apr 23 Revision Week

15 17 Apr 23
Final Examination
16 24 Apr 23