The course is designed for senior undergraduates more interested in quantitative economics. The objective is to confront the students to advanced mathematical techniques so as to enable them handle economic models, interpret the results and solve complex problems.
Recommended Books
- Chiang A.C and Kevin Wainwright - Fundamental Methods of Mathematical Economics- 4th Edition (2005) McGraw Hill Publishing Company.
- Gandalfo, G – Economic Dynamics: Methods and Models – (1983 or Latest Edition)
- North Holland Publishing Company
- Dowling Edward T. -Mathematics for Economics: Schaum Series – (1981).
- Weber E. Jean, Mathematical Analysis, Business and Economic Application (latest edition), Harper and Row Publishers, Netherlands.
- Hoy M., Livermois J, Rees R, Stengos T. - Mathematic for Economics – (1996) - Addison & Wesley Publishers.
- Shone, R – Economic Dynamics: Phase Diagrams and their Economic Applications- (1997)- Cambridge University Press.
Course Pre-requisites:
Mathematical Economics I (Econ- 303)
Learning Outcomes:
Students will be able to learn after completion of this course:
- Learn analytical skills related to dynamic analysis.
- Apply the techniques of integration to calculate area, consumer surplus, producer surplus and other numerical questions.
- Develop an understanding of differential and difference equations techniques used in economic theory.
- Encourage students to think about applying these mathematical tools in their own research, if necessary, with suitable modifications
- Successfully use mathematics in economics and business applications.
Class Timings: Monday & Tuesday (9.30 to 11.00 am)
Evaluation Criteria:
Mid Term Exam 30 Marks
Final Term Exam 50 Marks
Sessional Mark 20 Marks
Please note that sessional marks will be distributed as:
Attendance 05 Marks
Assignments 10 Marks
Class Participation 05 Marks
Course Material
- Total Lessons 10
- Department Economic (SCB)
- About Visit Profile
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Teacher
Dr. Nisar Ahmad
