MATHEMATICAL ECONOMICS
| Title | ΜΑΘΗΜΑΤΙΚΗ ΟΙΚΟΝΟΜΙΚΗ / MATHEMATICAL ECONOMICS |
| Code | 12ΕΕ05 |
| Faculty | Social and Economic 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: 251
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| OIKONOMIAS | Elective Course belonging to the selected specialization (Elective Specialization Course) | 5 | 3 | 3 |
| DIOIKĪSĪ EPICΗEIRĪSEŌN | Elective Courses belonging to the other | 5 | 3 | 3 |
| Academic Year | 2023 – 2024 |
| Class Period | Winter |
| Faculty Instructors |
|
| Weekly Hours | 3 |
| Class ID | 600241870
|
Class Schedule
| Building | Αμφιθέατρα Νομικής & Κοινωνικών και Οικονομικών Επιστημών |
| Floor | Όροφος 1 |
| Hall | ΑΙΘΟΥΣΑ 3 (161) |
| Calendar | Δευτέρα 15:00 έως 18:00 |
Course Type 2021
Specialization / Direction
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600241870
- eLearning: https://elearning.auth.gr/course/view.php?id=8066
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
Educational Material Types
- Notes
- Slide presentations
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
- Use of ICT in Communication with Students
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 82 | 2.9 | ✓ | ||
| Exams | 2 | 0.1 | ✓ | ||
| Total | 84 | 3 |
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
25-02-2023
