Mathematics Applications for Economics and Business
Training Provider: Singapore University of Social Sciences
Course Reference: TGS-2024047241
S$1,461
About This Course
Illustrate that economic and business problems can be represented by mathematical models
Interpret static analysis using linear models
Show that problems can be solved using mathematical tools such as differentiation and the Lagrangian method
Solve for linear functions in comparative-static analysis using mathematical concepts
Analyse optimisation problems under the cases of multiple variables and of constraints
Relate static and dynamic analyses to applications in economics and business
What You'll Learn
ECO304 Mathematics Applications for Economics and Business aims to equip students with the mathematical approach to economic and business analyses. Mathematical formulations are essential to complement empirical and theoretical analyses. The course will cover the fundamental aspects of mathematical notations and models, and forms of linear and non-linear functions. The application of mathematics to economics and business problems further requires understanding of topics including static analysis, calculus (differentiation), and optimisation (with two variables, and with equality constraints). Lastly, the course will also introduce dynamic analysis.
Course Details
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