Mathematical Economics ECN3083 L, Kudebayeva Alma

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ECN3083 L, Kudebayeva Alma
Topic 2: Comparative Statics and the Concept of Derivative, Rules of Differentiation and Their Use in Comparative Statics. Comparative Static Analysis.
Lecture 2

Lecture 2

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ECN3083 L, Kudebayeva Alma
General
Topic 1: Economic Models. Equilibrium Analysis in Economics.
Topic 2: Comparative Statics and the Concept of Derivative, Rules of Differentiation and Their Use in Comparative Statics. Comparative Static Analysis.
Topic 3: Analyis of General Function Models. Application to Economic Variables.
Topic 4: Optimization Problems: A Special Variety of Equilibrium Analysis.
Topic 5: The Case of More than One Choice Variable. Application to Economic Models.
Midterm exam #2 , November 18
Topic 6: Constrained optimization. Optimization with Equality Constraints. Lagrange Multiplier Method. Total-Differential Approach. Second order conditions. The Bordered Hessian. An application to Economic Models
Preparation to Final exam
Final exam 14th of December