Lewis Protin

Economic models
Analysis of equilibrium
Matrix Algebra
Differentiation

To use the elementary tools from matrix algebra and differential calculus to formulate, model and solve business management problems.

1. Economic models
1.1 Components of a mathematical model
1.2 Revision: Sets, relations and functions
 
2. Analysis of equilibrium in economics
2.1 The meaning of equilibrium
2.2 Equilibrium in market or economic models of one variable, linear and quadratic
2.3 Matrix algebra (operations, transpose and inverse, determinants and inversion)
2.4 Equilibrium in market or economics linear models of several variables.
 
3. Compared static analysis
3.1 The nature of static analysis
3.2 Limits, continuity, differentiation, partial differentials, differentials, derivatives of implicit functions.
3.3 Compared static in models of general functions
 
4. Some optimizations problems (one variable – 2º derivative test)

MANDATORY READING
 

• Matemática para Economistas (4ª Edição)

Alpha Chiang & Kevin Wainwright
Eslsevier – Editora Campus
ISBN 13 – 9788535217698
 
RECOMMENDED READING

E-learning

Continuous assessment is privileged: 2 digital written documents (e-folios) during the semester (40%) and a final digital test, Global e-folio (e-folio G) at the end of the semester (60%). In due time, students can alternatively choose to perform one final exam (100%).

Very good computer skills; Computer vocabulary; Word processing; Internet.
Basic texts are written in Portuguese, however students are recommended to be competent in English because complementary readings may be in English.