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Math108c Syllabus

This document provides information about a calculus course titled MATH 108C. The course aims to teach differential and integral calculus and their applications to economic theories. Specifically, it will discuss derivatives as tools for understanding economic concepts like marginal utility and optimization. It will also cover integrals and how they relate to determining consumer and producer surpluses from graphs. The course objectives are for students to understand slopes, optimization, and how to derive statistical equations and surpluses. It provides a 14 week outline covering differentiation, higher order derivatives, optimization, and integration, as well as example economic applications. Office hours and contact information are also included.

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0% found this document useful (0 votes)
92 views2 pages

Math108c Syllabus

This document provides information about a calculus course titled MATH 108C. The course aims to teach differential and integral calculus and their applications to economic theories. Specifically, it will discuss derivatives as tools for understanding economic concepts like marginal utility and optimization. It will also cover integrals and how they relate to determining consumer and producer surpluses from graphs. The course objectives are for students to understand slopes, optimization, and how to derive statistical equations and surpluses. It provides a 14 week outline covering differentiation, higher order derivatives, optimization, and integration, as well as example economic applications. Office hours and contact information are also included.

Uploaded by

MariusBuensuceso
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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MATH 108C – CALCULUS

COURSE DESCRIPTION
This course aims to reveal the dynamics behind differential and integral calculus.
Differential caluculus, focusing much on the derivatives, will be discussed as a tool to
understanding economic theories. Optimization will be the core of the discussion.
Integral calculus will likewise be discussed in order to emphasize its role in the
determination of consumer surplus, producer surplus and other areas in graphs that are
used to aid in the understanding of economic theories.

COURSE OBJECTIVE/VALUES

By the end of the term, the student is expected to

1. Be able to understand the slope and be able to compute slopes in the form of marginal
utility, marginal cost, marginal revenue etc.
2. Be able to understand optimization, its importance and various uses.
3. Derive statistical equations, consumer surplus, producer surplus and other graphical
areas.

COURSE OUTLINE
1. Differential Calculus (1st to 4th week) Lecture, Group Work, Problem Solving
1.1. Rules of Differentiation
1.1.1. Power Rule
1.1.2. Sum/Difference Rule
1.1.3. Product Rule
1.1.4. Quotient Rule
1.1.5. Chain rule
1.1.6. Exponential Rule
1.1.7. Logarithm of base B
1.1.8. Natural logarithm
1.2. Higher Order Dervatives (5th to 6th week) Lecture, Problem Solving
1.2.1. Concavity
1.2.2. Convexity
1.3. Economic Applications (7th to 8th week) Lecture, Problem Solving
1.3.1. Production Functions
1.3.2. Cost Functions
1.3.3. Revenue and Profit Functions
1.3.4. Demand Functions and Elasticity
2. Unconstrained Optimization (9th to 11th week)Lecture, Group Work, Problem Solving
2.1. First Order Condition
2.2. Second Order Condition
2.3. Economic Application
3. Constrained Optimization (12th to 14th week) Lecture and Problem Solving
3.1. First Order Condition
3.2. Second Order Condition
3.3. Economic Application
4. Integral Calculus (15th to 17th week) Lecture, Group Work and Problem Solving
4.1. Rules of Integration
4.2. Economic Application

Reference:
Simon and Blume (1994). Mathematics for Economists. W.W. Norton and Company.

Introduction to Mathematical Economics. Rolando Danao. UP Publishing.

Fundamental Methods of Mathematical Economics, 4th Edition


Kevin Wainwright, Simon Fraser University
Alpha C Chiang, University of Connecticut

Consultation Hours: TTH 2-2:30


Email: [email protected]

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