Carleton University · ECON 3001

Mathematical Methods of Economics

Credits : 0.5 creditReference year : 2026-27

Description

Constrained optimization via Lagrange and Kuhn-Tucker conditions; implicit functions and implicit differentiation; comparative static methods applied to models such as utility maximization and least-cost production; homogeneous functions; concave and convex functions; compounding and exponential functions; economic models involving integration; differential equations.

Prerequisites

  • Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher; and ECON 1401 and ECON 1402 with a grade of C- or higher in each, (or an equivalent department-approved MATH course pair with a grade of C- or higher in each); and a combined grade point average in ECON 1401 and ECON 1402 of 6.50 or higher.

Conditions and arrangements

  • Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher; and ECON 1401 and ECON 1402 with a grade of C- or higher in each, (or an equivalent department-approved MATH course pair with a grade of C- or higher in each); and a combined grade point average in ECON 1401 and ECON 1402 of 6.50 or higher.
  • Lectures three hours a week, tutorials one and a half hours a week.
Reference text in its original language

Constrained optimization via Lagrange and Kuhn-Tucker conditions; implicit functions and implicit differentiation; comparative static methods applied to models such as utility maximization and least-cost production; homogeneous functions; concave and convex functions; compounding and exponential functions; economic models involving integration; differential equations.

  • Prerequisite(s): ECON 1001 or FYSM 1003 with a grade of C- or higher; and ECON 1401 and ECON 1402 with a grade of C- or higher in each, (or an equivalent department-approved MATH course pair with a grade of C- or higher in each); and a combined grade point average in ECON 1401 and ECON 1402 of 6.50 or higher.
  • Lectures three hours a week, tutorials one and a half hours a week.

Sources and references

Dates and sources are retained to help you verify the information. Translations are provided to facilitate reading; the official source governs conditions and requirements.

Source reference : https://calendar.carleton.ca/undergrad/courses/ECON/

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