Elementary methods of calculus for economic analysis: Topics include derivatives of univariate functions, partial derivatives of multivariate functions, concavity and convexity, elasticity, and optimization (profit and utility maximization and cost minimization subject to a budget constraint). In class participation in solving practice problems is emphasized. Precludes additional credit for BIT 1000, BIT 1001, BIT 1100, BIT 1101, BIT 1201, BIT 1200, MATH 1007, MATH 1104, MATH 1107, MATH 1119, MATH 1052, MATH 1152, MATH 1402. Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher, and ECON 1401 or MATH 1401 with a grade of C- or higher. Lectures three hours a week, tutorials one hour a week.
Elementary methods of calculus for economic analysis: Topics include derivatives of univariate functions, partial derivatives of multivariate functions, concavity and convexity, elasticity, and optimization (profit and utility maximization and cost minimization subject to a budget constraint). In class participation in solving practice problems is emphasized. Precludes additional credit for BIT 1000, BIT 1001, BIT 1100, BIT 1101, BIT 1201, BIT 1200, MATH 1007, MATH 1104, MATH 1107, MATH 1119, MATH 1052, MATH 1152, MATH 1402. Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher, and ECON 1401 or MATH 1401 with a grade of C- or higher. Lectures three hours a week, tutorials one hour a week.
