University of Education

Mathematics for Economists (Mathematics II)

Instructor: Mr. Yousaf Dar Spring

2017

This course is designed to provide the essential grounding in

mathematical methods for contemporary economic analysis. The
topics include linear algebra, matrices, calculus, classical
optimization, and non-linear programming. Knowledge of basic
mathematical concepts and techniques at the level of Chiang
(first 12 Chapter) is a pre-requisite for this course. The course
consists of two parts which are roughly equal in length but belong
to the two different realms of economics:

The first deals with the mathematical apparatus needed to

rigorously formulate the core of microeconomics, the consumer
choice theory and the second presents a host of techniques used
to model inter-temporal decision making in the macro economy.

The learning material will primarily consist of lecture notes,

supplemented with readings from the following texts (additional
reading may be assigned during the semester).

Main Texts

1. Simon, C.P., and Blume, L., Mathematics for Economists,

(W.W.Norton).
2. Mike Rosser., Basic Mathematics for Economists. (Second
Edition).
3. Rudin, Walter, Principles of Mathematical Analysis. (McGraw-
Hill: new York)

Supplementary Text
Chiang, A. C., Fundamental Methods of Mathematical Economics,
(McGraw-Hill: New York)