about this course
After a brief review of sets, functions and basic modeling, this course explores
partial and general equilibrium models, matrix algebra, differentiation and optimization.
The course is designed to provide you with the understanding of mathematics that you will
need to study economics.
what you will learn
The general equilibrium models that we will discuss in the first part of the course are the
foundation of international trade theory and macroeconomics. The matrix operations that
we will discuss in the second part of the course are used extensively in econometrics.
In the third part of the course, we will discuss differentiation, which is used to calculate
elasticities and multipliers. Finally, we will discuss optimization, which is the foundation
of utility maximization and profit maximization problems.