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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.