Mathematical economics

This course offers a comprehensive presentation of the mathematics required to tackle problems in economic analyses. To give a better understanding of the mathematical concepts, the course follows the logic of the development of mathematics concepts.

Objectives

Do students understand concepts • single and continuous capitalization. Also, the concepts of interest are analyzed, the compounding and properties of powers and logarithms. • final capital value. • internal discount. • foreign discount. • equivalence of debt securities and the single capital. • the nominal and effective interest rate. • the net present value. In addition, conducted exercises repeat the previous sections of the course and fugitive rand.

Prerequisites

No prerequisites are required

Syllabus

• Issues of practice arithmetic and algebra elements • Combinatorial analysis • On models • The derivative and rules of derivation • Simple interest • Discounting simple interest • Equivalence bills or replacement obligations • Compound Interest • Suspenders • Elements insurance mathematics