ECON 211 REVISION

2-3 Weeks per topic

Hilary Ingham:
Topics in Matrix Algebra:

 Eigenvalues and Eigenvectors (Factoring, Reduced Row Echelon Form)

 Diagonalization of a matrix
 MARKOV processes

Topics in Differentiation:

 Differentiation for approximations

 Gradient Vector and Hessian Matrix
 The Jacobian Matrix
 First order total differential
 Level sets and Level curves
 Implicit Function Theorem
 Second order total differentiation

Difference Equations:

 General and Particular Solutions

 Convergence and Stability

Difference Equations 2:

 Cobwebb Model
Phillip Renner:

Univariate Calculus:
 Slope of a function
 First order taylor expansion
 Second order taylor expansion
 Local maximum/minimum
 Concavity/Convexity

Multivariate Calculus:
 Slope of a function
 First order taylor expansion
 Second order taylor expansion
 Concavity/Convexity
 Principal Minors/Minors
Unconstraint Optimization:
 Contour Diagrams
 Global/Local extrema (Maximise or minimize function)

Unconstraint Optimization 2:
 Second order taylor expansion at critical point

Constrained Optimization:
 Lagrange with nullspace

Comparative Statics:
 Value Function
 Envelope Theorem

Envelope Theorem:
 Application of envelope theorem
 Roy’s identity
 Shepard’s Lemma

Generating system and basis:

 Linear Combination
 Linear Dependence/Independence
 Linear Subspace
 Basis and Dimension

Image and nullspace of a matrix:

 Nullspace of a matrix
 Column space of a matrix
 Kernel and range of a linear transformation
 Rank of a matrix
 Column Rank