Undergraduate Catalog 2020-2021

ECO 326 Introduction to Mathematical Economics(RLA)

4 hours; 4 credits. The use of mathematical analysis in solving economic problems. Methods of calculus, matrix algebra, deductive logic, and elementary set theory will be developed and employed to understand the equilibrium of the market, firm, and consumer. The uses and misuses of the mathematical method in economics will also be discussed. Prerequisites: ECO 111, ECO 112, ECO 210, ECO, 212 and (MTH 121 or MTH 123 or the equivalent)