Semester Courses/Delhi University BA (Hons) Economics/ECON009
ECON009DU · Semester 3
Advanced Mathematics for Economics
DU Semester 3 — Constrained optimisation, envelope theorem, linear programming, integration, and differential/difference equations.
Course Syllabus
- Constrained optimization with equality and inequality constraints
- Geometric characterization of constraints
- Lagrange characterization using calculus and applications
- Properties of the value function — envelope theorem and its applications
- Linear Programming: graphical solution, matrix formulation, duality, and economic interpretation
- Definite and indefinite integrals with economic applications
- First-order and second-order difference equations
- Equilibrium and its stability
- First-order differential equations
- Phase diagrams and stability
- Second-order differential equations
Reference Books
- Sydsaeter, K., Hammond, P. (2002). Mathematics for Economic Analysis. Pearson Educational. (Chapters 18–19)
Who Will Teach You
S
Suman Ma'am
PhD Mathematics, University of Delhi
M
Mahima Ma'am
SRCC, DSE, NET Qualified
S
Samkith Sir
SXC, ISI MSQe Topper
S
Saurabh Sir
JNU, JRF Qualified
I
Insiya Ma'am
ISI, MSQe
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