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Calculus for Economics


Course Description

Topics specifically chosen to meet the needs of the student of economics: the definite integral, functions of several variables, partial derivatives, Lagrange multipliers, and matrices.


Athena Title

Calculus for Economics


Equivalent Courses

Not open to students with credit in MATH 2110E


Prerequisite

MATH 2200 or MATH 2250


Semester Course Offered

Offered fall and spring


Grading System

A - F (Traditional)


Course Objectives

This is a special calculus course with special emphasis on economics applications of calculus. Students should learn the definite integral, functions of several variables, and matrices. They are expected to solve maximum and minimum problems using partial derivatives and the method of Lagrange multipliers.


Topical Outline

1. Brief review of differentiation, antiderivatives. 2. Separable differential equations, integration techniques. 3. The definite integral, Fundamental Theorem of Calculus, calculation of areas, Consumer’s and Producer’s Surplus 4. Partial differentiation and applications to optimization problems, Lagrange multipliers. 5. Matrix algebra and applications.


General Education Core

CORE III: Quantitative Reasoning

Syllabus