E490 | 25242 | Escanciano

The purpose of this course is to provide an introduction to the mathematical methods used in economics. The course will be divided into two parts. The first part will discuss applications to micro and macroeconomic theory, using tools from single and multivariate calculus, matrix algebra, and classical linear and nonlinear programming. In the second part, we shall consider applications related to mathematical statistics, such as portfolio choice, models of decision making under uncertainty or some problems in econometrics. Several practical problems will be discussed in detail and will be the source for the development of the theoretical part of the course.