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Math 267 Mathematical Models in Economics

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The main topic is mathematical modeling. Economics is a rich domain for modeling. Interesting problems arise in consulting. Real questions require real answers. – PowerPoint PPT presentation

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Title: Math 267 Mathematical Models in Economics


1
Math 267 Mathematical Models in Economics
  • Prof. Steven Tschantz
  • Spring 2003

2
Math 267 - Schedule
  • Classroom SC2200 (Microcomputer Lab)
  • Times TR 235-350
  • Meeting January 9 to April 22 except March 4 and
    6 (spring break), 28 meetings
  • Lecture topics, assignments, and other materials
    will be posted on the web at http//math.vanderbil
    t.edu/tschantz/m267/

3
Math 267 - Instructor
  • Prof. Steven Tschantz, Dept. of Math
  • Office SC1507
  • Phone 2-6664
  • Email tschantz_at_math.vanderbilt.edu
  • Office hours TWR 110-200 and by appointment

4
Math 267 Special Lecturer
  • Prof. Luke Froeb, Owen Graduate School of
    Management
  • Office Owen 351
  • Phone 3-6009
  • Email luke.froeb_at_owen.vanderbilt.edu

5
Math 267 Grading
  • Grades will be based on daily assignments and a
    final project and presentation (worth about ¼ of
    your grade). There will be no final exam.
  • Daily assignments will be in the form of
    Mathematica notebooks to be completed. Completed
    notebooks are to be submitted by email to
    tschantz_at_math.vanderbilt.edu
  • Final project details to be announced.

6
Math 267 Honor code
  • For this course, I expect students to discuss
    assignments, cooperate in developing solutions,
    share computer code, and generally assist each
    other in learning the material. I will always be
    available as a source of such assistance. I
    expect that the material each student submits as
    solutions to assignments will be their own work,
    not a copy of someone elses work, representing
    their own understanding of the problems and
    solutions. In case of substantial use of
    anothers work or of joint work of students, such
    contribution shall be appropriately noted.

7
Math 267 - Topics
  • Mathematical modeling
  • Representing problems mathematically
  • Applying mathematical solution techniques
  • Interpreting results and refining
  • Economic topics (microeconomics)
  • Supply, demand, competition, pricing, mergers,
    auctions, bargaining, econometrics
  • Computation with Mathematica

8
Math 267 - Introduction
  • This is a math course (but applied math).
  • The main topic is mathematical modeling.
  • Economics is a rich domain for modeling.
  • Interesting problems arise in consulting.
  • Real questions require real answers.
  • Mathematica enables computing models.
  • There is a lot to learn to use Mathematica.

9
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