Mathematical Methods for Economists I: AMS 11A/ECON 11A Fall 2011MWF 9:30-10:40AM J Baskin Engr 152 | ||||||||||||
Lecture/Exam Dates Cheating Tips for Success Your Grade Useful Info Homework Course Material Instructor TAs | ||||||||||||
ECON/AMS 11A - Mathematical Methods for Economists, I -
is an introduction to differential calculus in one variable, and its
applications to economics. The course begins with a very brief review of some
important precalculus topics and an equally brief introduction to
mathematical modeling. Differential calculus itself begins with the mathematical
concept of a limit. We use limits to define the important concepts
of continuity and differentiability, and we learn to
compute the derivatives of the functions that we commonly use to model
economic variables, i.e., polynomials, power functions, exponential
functions, logarithm functions, and combinations of these functions. Other
technical topics include implicit differentiation, Taylor
polynomials and Taylor approximation. While mastering the technical aspects of differentiation, we
also learn how differential calculus is applied to economics. Applications
include marginal analysis, elasticity, and optimization in
one variable.
This course is followed by ECON/AMS 11B, which covers integral
calculus in one variable and differential calculus in several variables.
Textbook: Introductory Mathematical Analysis for Business, Economics and the Life and Social Sciences, 13th edition (required), by Haeussler, Paul and Wood. Available at Bay Tree Bookstore. | ||||||||||||
Lecture Dates (subject to change) and Exam Dates (not subject to change) 9/23-9/28 Introduction and review (Chapters 3 and 4) 9/30-10/5 Limits and Continuity (Sections 10.1-10.3) 10/7-10/12 Derivative and Rules for Differentiation ( Sections 11.1-11.2) 10/14-10/19 Derivative as a Rate of Change. Product and Quotient Rule (11.3-11.4) 10/20 Review section 1 (Thursday) 10/21 Exam 1 10/24-10/31 Chain Rule; Derivative of Log and Exponential functions (11.5, 12.1-12.2) 11/2-11/7 Elasticity of Demand. Implicit Differentiation (Section 12.3-12.4) 11/9-11/14 Higher order derivatives and Taylor Polynomials 11/15 Review section 2 (Tuesday) 11/16 Exam 2 11/18-11/21 Extreme Values. Critical Points (Sections 13.1-13.2) 11/23-11/28 Concavity. Second-Derivative Test (Sections 13.3-13.4) 11/30-12/2 Applied Maxima and Minima (Section 13.6) 12/1 Review section 3 (on Thursday) 12/7 Final exam (4:00pm-7:00pm) | ||||||||||||
CHEATING IN ANY FORM WILL NOT BE
TOLERATED. CHEATING DEVALUES EVERYONE'S GRADES - YOU SHOULDN'T TOLERATE
IT EITHER
PLEASE BRING YOUR STUDENT ID TO EVERY EXAM. | ||||||||||||
11A covers a lot of ground in a short amount of time. To do well in the class, I recommend the following:
There are no miracles - the more you study and the more effectively you study, the better you will do. | ||||||||||||
Your grade in this class is determined by your scores on the homework, quizzes, two midterm exams and the final exam as described below. There are no extra-credit options, and everyone is graded the same way. As I mentioned above, there are no miracles - you need to study hard all quarter long to do well. Your overall score in the class in the class is computed as follows:
Please note that your exam scores are not `curved' and I don't assign letter grades to exams. I use the raw scores to compute your overall score in the class (which is also not `curved'), and only then do I assign letter grades. Your letter grade is determined by your overall score according to the following (approximate) ranges:
There are small variations in these ranges from time to time (up to 1% in either direction), and intangible factors like improvement throughout the quarter can help in borderline cases, especially on the D/C border. Please note that there is no C- grade at UCSC and that if you are taking the course P/NP, then you need to earn the equivalent of a C or better to pass. | ||||||||||||
Instructor: Dr.-Ing. Dejan Milutinović Teaching Assistant: Claire Walton Teaching Assistant: Julissa Martinez MSI Leader: Susanna Park Main MSI page: http://www2.ucsc.edu/lss/msi.shtml Sections: TBD http://eop-apps.ucsc.edu/msi/msischedule.cfm Email: spark21@ucsc.edu |