Philippe Askenazy                                                                             Master 1 APE

 

 

Introduction to economics, statistics and optimization

(for non-economists)

 

 

ROOM: A4, Jourdan Campus.

 

This course is designed for students with a solid background in Mathematics but a poor one in Economics.

The course will be taught in English except if all students are French-speaking

 

NB: Slides are available after the course

 

First part: Introduction to Economics

 

10/02/09: 9.15 am -> 12.20

 

The scope of Economics and of economists

The methods and main principles of Economics

 

10/09/08: 9.15 am -> 12.20

 

Class exercises 1 (1h): your faculty

Basic (national) accounting

 

Second Part: Specific mathematical tools in Economics

 

10/16/09: 9.15 am -> 12.30

 

Kuhn-Tucker Theorem

Maximum principle

Phase diagram

Transversality conditions

 

10/23/09: 9.15 am -> 12.30

Class exercises 2 (2h)

Bellman, optimal control

 

11/06/09: 10.00 am -> 12.00

 

Probability (conditioning…)

 

 

11/13/09: 8.30 am -> 11.00

 

Statistics (estimation, tests)

Class exercises 3

 

 

11/20/09: 9.15 am -> 13.00

 

 

Third Part: Formal analysis of economic questions… without equation

 

Ex: Who pays Payroll taxes?

Ex: Retail regulation

 

 

Exam 2008

 

We focus on intuition rather than formal proofs.

Active preparation and participation to class exercises are associated with a bonus for the final note.

 

Recommended textbooks: Simon and Blume Mathematics for Economists, Renshaw Maths for economics, Mankiw Principles of Economics, Case and Fare Principles of Economics.