22-10.205 Further Mathematics for Economic Analysis

Course offering details
Instructors: Prof. Dr. Olaf Posch
Event type:
Lecture + practical course
Displayed in timetable as:
Hours per week:
3
Credits:
6,0
Language of instruction:
English
Min. | Max. participants:
- | 76
Comments/contents: LV-SPRACHE:
Deutsch oder Englisch

This course is intended for advanced undergraduate students of economics whose mathematical requirements and interest go beyond the material of the essential methods taught in their undergraduate studies. In particular, the students learn the basic mathematical concepts for dynamic economic analysis. Dynamic systems arise frequently in economics, most prominently in the theory of economic growth, resources economics, climate systems and business cycle theory. The course is designed to be accessible to anybody who has had a basic training in mathematical analysis and linear algebra at the level of Essential Mathematics for Economic Analysis.

Further Mathematics for Economic Analysis:

  • Topics in integration
  • Differential equations
  • Trigonometric functions and Complex numbers
  • Difference equations

Attending this course allows students to strengthen their profile with a strong focus on methods in economics. It is highly recommended to students considering writing a thesis within the suggested topics above and/or interested in further studies in economics.
Learning objectives: After this course, the students are able to ...

  • theorize on techniques for one-variable integration and multiple integration
  • apply and categorize solution techniques for differential equations
  • apply and categorize solution techniques for difference equations
  • theorize on the stability properties of dynamic systems
  • relate to basis concepts of trigonometric functions
  • apply solution techniques for systems of equations

Didactic concept: - this course emphasizes economics not only to motivate a mathematical topic, but also to help acquire mathematical intuition
- focus on techniques particularly useful in economics and not necessarily on mathematical proofs
- the examples in this lecture cover a wide range of models in economics
- every section includes worked examples and problems for students to solve as exercises

Further Mathematics for Economic Analysis: Interactive Lecture (3 SWS)
Literature: - Sydsæter, Knut, Peter Hammond, Atle Seierstad and Arne Strøm, Further Mathematics for Economic Analysis (FMEA), Prentice Hall, 2nd edition, 2008
Class session overview
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2
3
4
5
6
7
8
9
 
Instructors
Prof. Dr. Olaf Posch
Appointments
Date From To Room Instructors Appointments
1
Date Wed, 22. Apr. 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
2
Date Wed, 29. Apr. 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
3
Date Wed, 6. May 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
4
Date Wed, 13. May 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
5
Date Wed, 20. May 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
6
Date Wed, 27. May 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
7
Date Wed, 10. Jun. 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
8
Date Wed, 17. Jun. 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
9
Date Wed, 24. Jun. 2020
To 09:00
To 13:00
Room WiWi 2101/2105
Instructors Prof. Dr. Olaf Posch
Exams in context of modules
Module(start semester)/ Course Requirement combination Exam Date Instructors Compulsory pass
22-1.Profil8 Further Mathematics for Economic Analysis (SuSe 20) / 22-1.profil8 Further Mathematics for Economic Analysis Written examination 1 Written examination Mon, 27. Jul. 2020, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
2 Written examination Mon, 21. Sep. 2020, 09:45 - 11:15 Prof. Dr. Olaf Posch Yes
22-1.Profil8 Further Mathematics for Economic Analysis (SuSe 17) / 22-1.profil8 Further Mathematics for Economic Analysis Written examination 3 Written examination Mon, 27. Jul. 2020, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
4 Written examination Mon, 21. Sep. 2020, 09:45 - 11:15 Prof. Dr. Olaf Posch Yes
Course specific exams
Description Date Instructors Mandatory
1. Written examination Mon, 27. Jul. 2020 09:15-10:45 Prof. Dr. Olaf Posch Yes
2. Written examination Mon, 21. Sep. 2020 09:45-11:15 N.N. Yes