Paan Jindapon-EC470/570

Mathematical Economics

Fall 2012

Classroom: Bidgood Hall 110
Section 1: MWF: 10:00 – 10:50 
Office Hours: TTH: 9:00 - 11:00

 

Required Textbook

Mathematics for Economics (3rd Edition) by Michael Hoy, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos

 

Prerequisite

  1. MATH 121 or MATH 125
  2. EC 308 or EC 309.

 

Objectives

Students will master the basic tools in optimization and other mathematical methods commonly used in graduate economics courses.

 

Topics 


Part

Topics

Chapters

1

Differentiation & Taylor’s Series

One-variable Optimization

5-6

2

Systems of Linear Equations & Matrices

Determinants & Inverses

7-9

3

Partial Differentiation

Optimization with Several Variables

11-12

4

Constrained Optimization

Comparative Statics 

13-14

5

Integration

Linear First-order Differential Equations 

16, 21

6

Nonlinear First-order Differential Equations

Linear Second-order Differential Equations

Simultaneous Systems of Differential Equations

22-24

 

Grading structure

  • Best five exams, 20% each 

EC470

Your final grade depends on the following scale.

A+ [97,100]       B+ [87,90)       C+ [77,80)      D+ [67,70)       F    [0,60)

A    [93,97)        B    [83,87)      C   [73,77)      D   [63,67)

A-  [90,93)         B-  [80,83)       C-  [70,73)      D-  [60,63)

 

EC570

Your final grade depends on the following scale.

A    [90,100]      B  [80,90)       C  [70,80)       D   [60,70)      F  [0,60)

 

Tentative Exam Schedule

  • Midterm 1: Friday, September 7
  • Midterm 2: Monday, September 24
  • Midterm 3: Friday, October 12
  • Midterm 4: Monday, October 29
  • Midterm 5: Friday, November 16
  • Final: Wednesday, December 12, 11:30 a.m. - 1:00 p.m.


 

Make-up policy

There will be no make-up exam. Students who miss a midterm exam for any reason will get a zero grade and it will count as your dropped exam. Any conflict with the testing dates should be reported to me immediately.


 

Attendance policy

Attendance is strongly recommended but not required. Students are responsible for all lecture material, including all in-class announcements.

 

Codes of conduct

Students are expected to abide by the University of Alabama Code of Academic Conduct. Violations of this code will result in a grade of “F” in the course. The Code of Student Conduct requires that students behave in a manner that is conducive to a teaching/learning environment. Students who engage in behavior that is disruptive or obstructive to the teaching/learning environment will be subject to disciplinary sanctions outlined by the Code of Student Conduct. Disruptive/obstructive behavior is not limited to but may include the following: physical abuse, verbal abuse, threats, stalking, intimidation harassment, hazing, possession of controlled substances, possession of alcoholic beverages.

 

ADA policy

The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. If you believe you have a disability requiring an accommodation, please contact the Office of Disability Services at 348-4285 (202 Research Drive). After the initial arrangements are made with that office, please contact the instructor.