# MATHEMATICAL ECONOMICS

 Title ΜΑΘΗΜΑΤΙΚΗ ΟΙΚΟΝΟΜΙΚΗ / MATHEMATICAL ECONOMICS Code 12ΕΕ05 Faculty Economic and Political Sciences School Economics Cycle / Level 1st / Undergraduate Teaching Period Winter Coordinator Evangelos Ioannidis Common Yes Status Active Course ID 100001484

### Programme of Study: UPS School of Economics (2013-today)

Registered students: 180
OrientationAttendance TypeSemesterYearECTS
OIKONOMIASElective Course belonging to the selected specialization (Elective Specialization Course)533
DIOIKĪSĪ EPICΗEIRĪSEŌNSpecial Election533

 Academic Year 2020 – 2021 Class Period Winter Instructors from Other Categories Weekly Hours 3 Class ID 600177955
Course Type 2021
Specialization / Direction
Course Type 2016-2020
• Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
• Distance learning
Language of Instruction
• Greek (Instruction, Examination)
Learning Outcomes
After the successful completion of the course, students will be able to know the required basic tools of Dynamic Analysis (Equations of Difference / Differential Equations) in order to understand and build Dynamic Models in Economics. More specifically, they will be able to solve Mathematics exercises using the above tools, as well as to model and solve Economic Problems using the above mathematical tools successfully.
General Competences
• Apply knowledge in practice
• Retrieve, analyse and synthesise data and information, with the use of necessary technologies
• Make decisions
• Work autonomously
• Advance free, creative and causative thinking
Course Content (Syllabus)
Mathematical Economics Introduction to Mathematics for Economics Dynamics Modeling time. Linear, first and second-order difference equations. Nonlinear, first-order difference equations. Phase Diagram and qualitative analysis. Steady-state equilibrium.The steady-state and convergence. Cycles and Chaos. Linear, first and second-order differential equations. Nonlinear, first-order differential equations. Qualitative analysis. Simultaneous systems of differential and difference equations. Economic models.
Keywords
Economic models, differential equations, difference equations, qualitative analysis, steady-state equilibrium
Use of Information and Communication Technologies
Use of ICT
• Use of ICT in Course Teaching
• Use of ICT in Communication with Students
Course Organization
Lectures822.9
Exams20.1
Total843
Student Assessment
Student Assessment methods
• Written Exam with Short Answer Questions (Summative)
• Written Exam with Extended Answer Questions (Summative)
Bibliography
Course Bibliography (Eudoxus)
MATHEMATICS for ECONOMICS. Hoy Michael, Livernois John, McKenna Chris, Stengos Thanasis (MIT Press) ΠΡΟΣΚΛΗΣΗ ΣΤΑ ΜΑΘΗΜΑΤΙΚΑ ΟΙΚΟΝΟΜΙΚΩΝ & ΔΙΟΙΚΗΤΙΚΩΝ ΕΠΙΣΤΗΜΩΝ (Τόμος B').Λουκάκης Μαν
Additional bibliography for study
ΜΑΘΗΜΑΤΙΚΕΣ ΜΕΘΟΔΟΙ ΟΙΚΟΝΟΜΙΚΗΣ ΑΝΑΛΥΣΗΣ. Alpha C. Chiang & Kevin Wainwright
Last Update
12-12-2021