Магистратура
2020/2021
Инструментальные методы экономического анализа
Статус:
Курс адаптационный (Прикладная экономика и математические методы)
Направление:
38.04.01. Экономика
Кто читает:
Департамент экономики
Где читается:
Санкт-Петербургская школа экономики и менеджмента
Когда читается:
1-й курс, 1 модуль
Формат изучения:
без онлайн-курса
Преподаватели:
Кичко Сергей Игоревич
Прогр. обучения:
Прикладная экономика и математические методы
Язык:
английский
Кредиты:
3
Контактные часы:
24
Course Syllabus
Abstract
The course consists of lectures (8 hours) and tutorials (16 hours). The tutorials involve studying calculus and linear algebra methods and their application to solving constrained and unconstrained optimization problems using terms and concepts studied in class.
Learning Objectives
- understanding the basic concepts of mathematical analysis and linear algebra
- acquiring skills in solving optimization problems of various types
Expected Learning Outcomes
- Understand the theory of elementary functions, methods of calculus related to the differentiation of single and multiple variable functions.
- Know the necessary and sufficient conditions for concavity/convexity of the function and maximum/minimum.
- Be able to solve unconstrained and constrained optimization problems
- Have an understanding of the envelope theorem and be able to use it in the optimization problems
Course Contents
- Linear algebra: operation with matrices, square matrices, determinant, eigenvalues and eigenvectors
- Functions of one variable: derivative of the function, necessary and sufficient conditions for increasing/decreasing, concavity/convexity, extremum and inflection points
- Functions of multiple variables: first and second order partial derivatives, Schwarz theorem, necessary and sufficient conditions for concavity/convexity and extremum points
- Unconstrained optimization of multiple variables functions: necessary and sufficient conditions for local/global maximum/minimum, envelope theorem
- Constrained optimization of multiple variable functions. Equality constrains: necessary and sufficient conditions for maximum/minimum, relationship between concavity/convexity of the function with the type of extremum. Inequality constrains: Kuhn-Tucker theorem, relationship between concavity/convexity of the function with the type of extremum
Interim Assessment
- Interim assessment (1 module)0.1 * class participation + 0.4 * exam + 0.5 * in class quizz
Bibliography
Recommended Core Bibliography
- Sundaram, R. K. (1996). A First Course in Optimization Theory. Cambridge University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.cup.cbooks.9780521497701
Recommended Additional Bibliography
- Vinogradov, V. V. (2010). Mathematics for Economists. University of Chicago Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.ucp.bkecon.9788024616575