Courses Master Display 2016-2017

Course Description To PDF
Course title Mathematical Research Tools
Course code EBC4182
ECTS credits 6,5
Assessement Whole/Half Grades
Period Start End Mon Tue Wed Thu Fri
1 5-9-2016 28-10-2016 X X
Level Advanced
Coordinator Hans Peters
For more information:
Language of instruction English
This course offers basic mathematical methods for economic research. The focus is on static and dynamic optimisation and on the underlying mathematics, necessary to understand and apply these optimisation methods. These tools are relevant for all specialisations within the Economic and Finance Research (EFR) master program.
Multi-variable calculus, static optimisation methods in particular Lagrange and Kuhn-Tucker,
connection with linear and non-linear programming, dynamic (discrete and non-discrete) optimisation
methods (Bellman principle, calculus of variations, optimal control, Pontryagin maximum principle),
basic elements of difference and differential equations and of dynamic systems.
Jehle, Geoffrey A. and Philip J. Reny : Advanced Microeconomic Theory (2nd edition).
Sydsaetter, K., Hammond, P., Seierstad, A. and A. Strom : Further Mathematics for Economic Analysis (Financial Times / Prentice Hall, 2008).
Basic level of mathematics (e.g. Sydsaetter, Mathematics for Economic Analysis).
Teaching methods PBL / Lecture / Assignment
Assessment methods Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Business Research Methodology Electives
Master Business Research Track OR Methodology Electives
Master Economic and Financial Research Compulsory Courses