Elementary mathematical tools required for economic analysis: Topics include linear and non-linear functions (cost, revenue, profit, demand and supply), matrices, and mathematics of finance and growth, graphing economic magnitudes, applied algebra, solving systems of linear equations. In class participation in solving practice problems is emphasized. Precludes additional credit for BIT 1000, BIT 1001, BIT 1100, BIT 1101, BIT 1200, BIT 1201, MATH 1007, MATH 1009, MATH 1104, MATH 1107, MATH 1119, MATH 1052, MATH 1152, MATH 1401. Prerequisite(s): Ontario Grade-12 U Advanced Functions, or ECON 0005 with a minimum grade of C- or higher, or MATH 0005 with a minimum grade of C- or higher, or equivalent; and ECON 1001 or FYSM 1003, which may be taken concurrently with ECON 1401. Lectures three hours a week, tutorials one hour a week.
Elementary mathematical tools required for economic analysis: Topics include linear and non-linear functions (cost, revenue, profit, demand and supply), matrices, and mathematics of finance and growth, graphing economic magnitudes, applied algebra, solving systems of linear equations. In class participation in solving practice problems is emphasized. Precludes additional credit for BIT 1000, BIT 1001, BIT 1100, BIT 1101, BIT 1200, BIT 1201, MATH 1007, MATH 1009, MATH 1104, MATH 1107, MATH 1119, MATH 1052, MATH 1152, MATH 1401. Prerequisite(s): Ontario Grade-12 U Advanced Functions, or ECON 0005 with a minimum grade of C- or higher, or MATH 0005 with a minimum grade of C- or higher, or equivalent; and ECON 1001 or FYSM 1003, which may be taken concurrently with ECON 1401. Lectures three hours a week, tutorials one hour a week.
