Constrained optimization via Lagrange and Kuhn-Tucker conditions; implicit functions and implicit differentiation; comparative static methods applied to models such as utility maximization and least-cost production; homogeneous functions; concave and convex functions; compounding and exponential functions; economic models involving integration; differential equations. Prerequisite(s): ECON 1000 or FYSM 1003 with a grade of C- or higher, and ECON 1401 and ECON 1402 (or equivalent) with an average grade of C+ or higher.Lectures three hours a week, tutorials one and a half hours a week.
