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Mathematics for Economics II Business, Management & Finance Program Spring 2025 Semester - Madrid

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Mathematics for Economics II

Mathematics for Economics II Course Overview

OVERVIEW

CEA CAPA Partner Institution: Universidad Carlos III de Madrid
Location: Madrid, Spain
Primary Subject Area: Economics
Other Subject Area: Mathematics
Instruction in: English
Course Code: 13156
Transcript Source: Partner Institution
Course Details: Level 100
Recommended Semester Credits: 3
Contact Hours: 42
Prerequisites: Mathematics for Economics I

DESCRIPTION

The course consist of two parts: Linear algebra and optimization of several variable functions.
- Linear algebra: Properties of matrices and determinants. Systems of linear equations.
- Functions of several variables: Continuity. Calculus of several variables: partial derivatives. Differentiable functions. Convexity. Implicit differentiation. Optimization. Extreme points. Constrained optimization. First and second order conditions. Comparative statics. Application to economic models.

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