Mathematics in Economics and Management II

LECGE1230  2016-2017  Louvain-la-Neuve

Mathematics in Economics and Management II
6.0 credits
45.0 h + 30.0 h
1q

Teacher(s)
Davila Muro Julio ;
Language
Français
Main themes
Education focuses on the approach to modeling, and on solving problems or applications in economics, political and social, using mathematical or formal logic. It aims to develop a systematic analysis and resolution. Part 1: Linear Algebra. Indépendance linear bases, vector spaces. Fundamental theorem of linear algebra. Values and eigenvectors. Diagonalisation. Dynamical Systems. Quadratic forms. Part 2: Analysis and Optimization of functions on several variables functions Théorème implied partial derivative of higher order, Hessienne matrix. Optimization free Optimization under constraints (equalities and inequalities). Applications. Part 3: Introduction to linear programming. Modeling and mathematical formulation of problems of decision support and optimization. Primal Simplex, Dual simplex, economic interpretation of dual sensitivity analysis. Each topic is dealt with examples and illustrations in economics and management.
Aims
The second mathematics course is a continuation of Mathematics 1 and is devoted primarily to algebra and matrix calculus, in linear programming and optimization of functions of several variables. We can summarize the objectives and purposes of the course to two key dimensions: - Learning about the mathematical tool (which is directly targeted a set of knowledge). The achievements should be a reasonable ability to handle the concepts discussed in the course, which are the basic concepts used in the models and quantitative methods in social sciences. - The learning of a formalized and rigorous reasoning (which is more difficult to achieve and is more of "knowledge"; of mathematical modeling)

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.

Content
The course is given in the form - lectures (the teacher defines the concepts, demonstrates the results, and illustrated with an application), - of exercises (the teacher makes applications / problems for students and offers a resolution), - supplemented by active participation of students in the form of lectures, independent resolution of problems, reports of resolution of cases, tests of knowledge, ...
Other information
Prerequisite course Mathematics 1 Evaluation: The evaluation takes into account the reports of resolutions presented during the course, test results and the results of a written examination. Support: Syllabus
Faculty or entity<


Programmes / formations proposant cette unité d'enseignement (UE)

Program title
Sigle
Credits
Prerequisites
Aims
Minor in Statistics
6
-

Minor in Economics
6
-

Bachelor in Economics and Management