SM286A — Mathematics for Economics

Fall 2015

Sections 1041 and 3042

Asst. Prof. Nelson Uhan

Announcements

7 Dec The final exam will take place on Wednesday 16 December at 7:55. See below for details.
24 Nov Exam 3 will take place on Thursday 3 December. See below for details.
22 Oct Exam 2 will take place on Thursday 29 October. See below for details.
1 Oct Your second chance for Exam 1 is due at the beginning of class on Tuesday 6 October. See below for details.
22 Sep Exam 1 will take place on Tuesday 29 September. See below for details.
21 Aug Welcome!

General information

Homework

Now that the semester is over, I have removed the homework solutions.

Solutions are available here on Google Drive.

19 Nov 12.2: 3. In addition, classify the critical points as local minima or local maxima.
17 Nov 12.2: 1, 2; 12.3: 1
Note that in the textbook, a stationary value is the value of a critical point.
12 Nov 11.6: 2. Hint. Solve for P1 and P2 in terms of Q1 and Q2 first. Then use P1 and P2 to write profit as a function of Q1 and Q2.
10 Nov Finish Examples 2-4 from Lesson 22.
5 Nov 11.4: 1-4, 5a
3 Nov 11.2: 1, 2
Note that the textbook refers to local optima as relative extrema.
22 Oct 17.4: 2, 3
20 Oct 17.2: 1-4; 17.3: 1ab, 2a, 3a
15 Oct solow: 1
13 Oct 15.5: 1-3; 15.6: 1ac, 2, 3
8 Oct 15.4: 1ab, 2
6 Oct 15.2: 1, 3, 4; 15.3: 1-4
1 Oct 15.1: 1ac, 2ac, 3a, 4a
24 Sep 5.7: 1-4
22 Sep 5.5: 1ab, 2ab; 5.6: 1b
17 Sep 5.2: 1ace, 4a; 5.3: 1, 3, 4ab
15 Sep 5.1: 5ac, 5.4: 2ac, 4ac, 6a, 7
10 Sep RREF handout: 1-4
3 Sep 4.6: 1, 2, 4; 5.1: 3, 4; lindep: 1-3
1 Sep 4.3: 1acd; 4.4: 1a, 3, 5a; 4.5: 1, 2, 3ab
27 Aug 4.1: 1, 4.2: 1-5, 6be
25 Aug 3.2: 1-5; 3.3: 2, 6

Lessons

8 Dec 27 Review pdf
Solutions
24 Nov 26 Applications of optimization with equality constraints pdf
Solutions to examples
19 Nov 25 Optimization with equality constraints, cont. pdf
17 Nov 24 Optimization with equality constraints pdf
12 Nov 23 Profit maximization pdf
10 Nov 22 Absolute optima, convexity and concavity pdf
Solutions to Examples 2-4
5 Nov 21 Optimization of functions of n variables pdf
3 Nov 20 Review: optimization of functions with 1 or 2 variables, determinants pdf
22 Oct 19 The cobweb model pdf
20 Oct 18 Dynamic stability pdf
20 Oct 17 Discrete time and difference equations pdf
15 Oct 16 The Solow growth model pdf
Solutions to Example 2
13 Oct 15 Qualitative analysis of differential equations pdf
13 Oct 14 Nonlinear differential equations of the first order and first degree pdf
8 Oct 13 Exact differential equations pdf
6 Oct 12 Variable coefficients pdf
6 Oct 11 Dynamics of market price pdf
1 Oct 10 First-order linear differential equations with constant coefficients pdf
24 Sep 9 Leontief input-output models pdf
Completed page 6
22 Sep 8 Cramer's rule, applications to economic models pdf
Solution to Example 1
17 Sep 7 The determinant pdf
15 Sep 6 Reduced row echelon form, cont. pdf
Solutions to Examples 6 and 7
10 Sep 5 Reduced row echelon form
RREF handout
pdf
3 Sep 4 Transposes and inverses pdf
1 Sep 3 Useful and interesting properties of matrix algebra pdf
27 Aug 2 Introduction to matrices and vectors pdf
25 Aug 1 Introduction pdf

Quizzes

Now that the semester is over, I have removed the quiz solutions.

solutions
19 Nov Quiz 11 pdf
12 Nov Quiz 10 pdf
22 Oct Quiz 9 pdf
15 Oct Quiz 8 pdf
8 Oct Quiz 7 pdf
1 Oct (not really a) Quiz 6
24 Sep Quiz 5 pdf
17 Sep Quiz 4 pdf
10 Sep Quiz 3 pdf
3 Sep Quiz 2 pdf
27 Aug Quiz 1 pdf

Exams

Now that the semester is over, I have removed the exam solutions.

Exam 1 (29 September)

Exam 2 (29 October)

Exam 3 (3 December)

Final Exam (16 December)