Course Name	Applied Mathematics for Economics
Credits	3
Professor(s)	Name	Kim, Yun-shik
	Affiliation	Dept. of Agricultural Economics

COURSE DESCRIPTION

Course Objectives

This course is designed to teach the basic mathematics for students who are willing to major in economics. In this class, basic mathematical concepts will be dealt with, such as sets, functions, matrix, differentiation, optimization, etc. The mathematical background learned through this class will be helpful to take the class of agricultural production economics in the second semester. Thus, this course is like a prerequisite for agricultural production economics.

MAIN TEXTBOOK and FURTHER READINGS

Simon and Blume, mathematics for Economists, Norton.

신용호, 김태웅, 경제 경영수학의 이해, 박영사.

ASSIGNMENTS AND GRADING

Assignments: 5

Grading Scheme: Attendance (5%), Assignments (5%), Mid-term (40%), final (50%)

COURSE SCHEDULE

Course Outline

Week 1: Introduction

Week 2: Basic Concept of Mathematics

Week 3: Sets

Week 4: Propositions

Week 5: Concept of Functions

Week 6: Concepts of Matrix and Determinant

Week 7: Matrix and Simultaneous Equations

Week 8: Mid-term

Week 9: Calculating an Inverse Matrix Through Cramer's Method

Week 10: Calculating an Inverse Matrix Through Gauss-Jordan Method

Week 11: Concept of Differentiation

Week 12: Maximum and Minimum of Functions

Week 13: Partial and Total Differentiation

Week 14: Optimization with Constraints

Week 15: Final

CONTACT DETAILS

Tel: 751-5455                            e-mail: yunshik@gnu.ac.kr