(3 units). Mathematical techniques needed to understand micro- and macro-economic theory at the PhD level, and to carry out research. Real analysis. Review of static optimization. Continuous- and discrete-time dynamic optimization in deterministic and stochastic environments. Applications to economic theory are presented. This course is equivalent to ECON 6019 at Carleton University. Course Component: Lecture Prerequisites: ECO 6120 and ECO 6122
(3 units). Mathematical techniques needed to understand micro- and macro-economic theory at the PhD level, and to carry out research. Real analysis. Review of static optimization. Continuous- and discrete-time dynamic optimization in deterministic and stochastic environments. Applications to economic theory are presented. This course is equivalent to ECON 6019 at Carleton University. Course Component: Lecture Prerequisites: ECO 6120 and ECO 6122