ECTS
ECTS Course Catalogue
Course details
Course code: RESS20327o17Semester: 2017/2018 winter
Name: Mathematical economics
Major: Economics
Study Type: second cycle
Course type: compulsory
Study Semester: 3
ECTS points: 7
Hours (Lectures / Tutorials / Other): 15 / 30 / 0
Lecturer: dr Agnieszka Mruklik
Language of instruction: Polish / English
Learning outcomes: Knowledge: Student points out economic problems which are solvable using econometric models. Student recognizes basic descriptions of a production, costs and profits. Skills: Student describes a simple economical situations sing a mathematical model. Student determines conditions of market balance. Student analyzes the cost function and the production function. Student is able to illustrate economics optimizing problems using a mathematical model. Student solves optimizing problem. Student makes a simple economical analysis using mathematical models, which aid a decision process in a company.
Competences: Personal and social competences: Student discusses and asseses ideas of members of group. Student is able to work in group. Student understands significance of economical research for control of economics in the world.
Prerequisites: Mathematics, mathematical statistics, econometrics
Course content: Construction of an econometric model (choice of variables, analytical form, estimation of parameters), demand, supply, analysis of balance, production functions (linear, Cobba-Douglas, CES), cost functions, distributions of incomes (normal, log-normal, Pareto).
Recommended literature: 1. U. Grzybowska, Ekonomia matematyczna. Wyd, SGGW 2009. 2. P. Kaczorowski, P. Krajewski, M. Mackiewicz, R. Piwowarski, Podstawy ekonomii matematycznej. PWE 2009. 3. T. Tokarski, Ekonomia matematyczna. PWE 2011. 4. E. Panek, Ekonomia matematyczna. AE Poznań 2003.
Assessment methods: Knowledge: Written exam. Skills: Two tests for solving of exercises. Personal and social competences: Points for activity during classes.
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