Introduction To Mathematical Economics

Course Justification

The course is to enable students acquire mathematical tools that provide a foundation for understanding other courses in economics. Students are grounded on how to use such tools in microeconomics, macroeconomics, econometrics and related courses.

Course Description

The course applies mathematical approaches to economics problems and issues. It involves the use of mathematical models to economic analysis.

Course Aim:

The overall aim is to equip teacher trainees with skills of applying mathematical analysis and principles to issues in economics.

Learning Outcomes

By the end of the course unit, students should demonstrate ability to:

·         Discuss the fundamental aspects of mathematical tools

·         Demonstrate how the use of formal mathematical reasoning can produce a deeper understanding of economic theory

·         Explain the skills in use of mathematical tools and illustrate them with application of economic theory.