Course Information

Instructor: Haihan Yu (余海晗)

Room: A305B (Wednesday) / A310 (Thursday)

Email: haihanyu@zufe.edu.cn

Academic website: haihan-yu.github.io

Course website: haihan-yu.github.io/teaching

Office hour: By appointment via email.

Course Description

This course is a preparatory course for mathematical modeling in economics. Along with statistics, mathematics forms the backbone of modern economic theory. The aim of this course is to equip students with fundamental tools of mathematical modeling used in economics and to reinforce economic reasoning through mathematical modeling skills.

The course has five parts:

  • Introduction
  • Equilibrium analysis
  • Comparative static analysis
  • Optimization
  • Applications

Prerequisites

Calculus, linear algebra, and principles of economics.

Grading

  • Final exam: 50%
  • Quizzes: 20%
  • Attendance: 10%
  • Problem set: 20%

Bonus points: If you find my errors in class, you will get one bonus point, up to a maximum of five points.

Textbooks

Required textbooks:

  • Avinash Dixit, Optimization in Economic Theory. Oxford University Press, 1990.
  • Alpha C. Chiang and Kevin Wainwright, Fundamental Methods of Mathematical Economics. McGraw-Hill/Irwin, 2005.
  • 3Blue1Brown’s video series on calculus and linear algebra.

Supplementary material:

  • Michael Carter, Foundations of Mathematical Economics. MIT Press, 2001.