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INTRODUCTION TO MATHEMATICAL ECONOMICS

EIA2005 INTRODUCTION TO MATHEMATICAL ECONOMICS
3 Credits

Pre-requisite NONE

Learning At the end of this course, the students are able to:
Outcomes
1. recognize mathematical techniques in economics;
2. analyze economic theory using mathematics; and
3. apply appropriate mathematical techniques to solve economic problems.

Synopsis This course includes partial and general equilibrium model of demand and
supply, linear model and matrix algebra, comparative static analysis
(differentiation and integration), optimization problems, turning points, maximum
and minimum, and input-output model.

References 1. Chiang, A.C., Wainwright, K., 2005. Fundamental Methods of Mathematical
th
Economics, McGraw Hill, 4 edition.
2. Baldani, Bradfield, Turner, 2005. Mathematical Economics, Thomson, 2
nd
edition.
3. Jacques, I., 2009. Mathematics for Economics and Business, Pearson
Education Limited, 6 edition.
th
4. Selamah Maamor, et al. 2011. Matematik untuk Ekonomi, Cengage Learning
Asia Pte Ltd.

Soft Skills CS1, CS2, CS3
CT1, CT2, CT3
LS1, LS2

Assessment Continuous assessment : 40%
Final examination : 60%

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