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2009-2010 Undergraduate Calendar

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Economics (ECON)

Department of Economics
Faculty of Public Affairs

ECON 1402 [0.5 credit]

Elementary Mathematics for Economics II

Calculus: including partial differentiation, definite and indefinite integrals, techniques of integration, and unconstrained optimization. Vectors and matrices: scalar multiplication, inner product, linear dependence, matrix operations, rank, invertible matrix theorem, and determinants. Economic applications such as profit maximization, comparative statics, and the Leontief input-output model. (Also listed as MATH 1402.) This course is complementary to ECON 2002 and ECON 2102.
Precludes additional credit for MATH 1009 and MATH 1119.
Prerequisites: ECON 1000 or FYSM 1003 with a grade of C- or higher, and ECON 1401 with a grade of C- or higher.
Lectures three hours a week, tutorials one hour a week.

Summer session: some of the courses listed in this Calendar are offered during the summer. Hours and scheduling for summer session courses will differ significantly from those reported in the fall/winter Calendar. To determine the scheduling and hours for summer session classes, consult the class schedule at

Not all courses listed are offered in a given year. For an up-to-date statement of course offerings for the current session and to determine the term of offering, consult the class schedule at