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Economics (ECON)

Department of Economics
Faculty of Public Affairs

ECON 4001 [0.5 credit]

Mathematical Analysis in Economics

Analysis and algebra: including set theory, sequences and series, quadratic forms, separation and fixed-point theorems. Static optimization: including the Weierstrass, Lagrange, and Kuhn-Tucker theorems; convexity and quasi-convexity; and the envelope theorem. Dynamic optimization: including the Maximum Principle and Bellman's equation. Applications of these tools to economic theory are presented.
Prerequisite: ECON 2400 with a grade of C+ or higher.
Lectures three hours 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 central.carleton.ca

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 central.carleton.ca