22-10.202 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: - | 77

More information:

 

Comments/contents:
LV-SPRACHE:
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
  • 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 both differential equations and difference equations
  • Theorize on the stability properties of dynamic systems
  • Relate to basis concepts of trigonometric functions and complex numbers
  • Apply solution techniques for systems of equations

Objective: Students learn the basic mathematical concepts for dynamic economic analysis.

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

Additional examination information:
Written exams (90 minutes)

Appointments
Date From To Room Instructors
1 Th, 6. Apr. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
2 Th, 13. Apr. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
3 Th, 20. Apr. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
4 Th, 27. Apr. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
5 Th, 4. May 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
6 Th, 11. May 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
7 Th, 25. May 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
8 Th, 1. Jun. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
9 Th, 8. Jun. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
10 Th, 15. Jun. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
11 Th, 22. Jun. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
12 Th, 29. Jun. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
13 Th, 6. Jul. 2023 09:00 12:00 ESA H Prof. Dr. Olaf Posch
14 Th, 13. Jul. 2023 09:00 12:00 ESA H 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 7  Written examination Mon, 24. Jul. 2023, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
8  Written examination Tue, 26. Sep. 2023, 12:15 - 13:45 Prof. Dr. Olaf Posch Yes
22-1.Profil8 Further Mathematics for Economic Analysis (SuSe 21) / 22-1.profil8  Further Mathematics for Economic Analysis Written examination 5  Written examination Mon, 24. Jul. 2023, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
6  Written examination Tue, 26. Sep. 2023, 12:15 - 13:45 Prof. Dr. Olaf Posch Yes
22-1.Profil8 Further Mathematics for Economic Analysis (SuSe 23) / 22-1.profil8  Further Mathematics for Economic Analysis Written examination 1  Written examination Mon, 24. Jul. 2023, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
2  Written examination Tue, 26. Sep. 2023, 12:15 - 13:45 Prof. Dr. Olaf Posch Yes
22-1.Profil8 Further Mathematics for Economic Analysis (SuSe 22) / 22-1.profil8  Further Mathematics for Economic Analysis Written examination 3  Written examination Mon, 24. Jul. 2023, 09:15 - 10:45 Prof. Dr. Olaf Posch Yes
4  Written examination Tue, 26. Sep. 2023, 12:15 - 13:45 Prof. Dr. Olaf Posch Yes
Course specific exams
Description Date Instructors Mandatory
1. Written examination Mon, 24. Jul. 2023 09:15-10:45 Prof. Dr. Olaf Posch Yes
2. Written examination Tue, 26. Sep. 2023 12:15-13:45 Prof. Dr. Olaf Posch Yes
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Instructors
Prof. Dr. Olaf Posch