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ECON-4120: Mathematical Methods in Economics
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<meta property="og:description" content="Application of mathematical techniques to economic modeling and analysis. Construction of models to describe aspects of the economy and to analyze potential policies. Solution methods for issues including optimal choice with and without constraints, equilibria among multiple actors, marginal effects of policies, and dynamic economic models. Some mathematical maturity is assumed, and mathematical skills are taught throughout the course.">
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Mathematical Methods in Economics
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ECON-4120
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<p>
Application of mathematical techniques to economic modeling and analysis. Construction of models to describe aspects of the economy and to analyze potential policies. Solution methods for issues including optimal choice with and without constraints, equilibria among multiple actors, marginal effects of policies, and dynamic economic models. Some mathematical maturity is assumed, and mathematical skills are taught throughout the course.
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4 credits
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Prereqs:
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<div id="prereq-classes" class="rel-info-courses">
<a class="course-pill" href="ECON-2010">ECON-2010 Intermediate Microeconomic Theory</a>
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<th class="fall season-label">Fall</th>
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<th colspan="2"></th>
<th class="summer2 midsum-label">(Session 1)</th>
<th class="summer3 midsum-label">(Session 2)</th>
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<tbody>
<tr>
<th class="year">2023</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2022</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2021</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2020</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
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</tr>
<tr>
<th class="year">2019</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2018</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2017</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201709&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 9/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2016</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201601&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Sumant Kumar Rai</li>
</ul>
<span class="course-capacity">
Seats Taken: 16/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201609&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 11/0
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2015</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201501&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Sumant Kumar Rai</li>
</ul>
<span class="course-capacity">
Seats Taken: 15/0
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201509&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Sumant Kumar Rai</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2014</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201409&subj_in=ECON&crse_in=4120&schd_in=">Mathematical Methods In Economics (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/0
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2013</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201309&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 13/0
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2012</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201209&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 42/41
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2011</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201109&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Arturo Estrella</li>
</ul>
<span class="course-capacity">
Seats Taken: 24/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2010</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201009&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 22/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2009</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200909&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 27/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2008</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200809&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Robert W. Jones</li>
</ul>
<span class="course-capacity">
Seats Taken: 33/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2007</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200709&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Analysis (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 23/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2006</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200609&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 20/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2005</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200509&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 11/30
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2004</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200409&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/30
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2003</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200309&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 20/30
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2002</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200209&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Jon Erickson</li>
<li>John M. Polimeni</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/25
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2001</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200109&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Jon Erickson</li>
</ul>
<span class="course-capacity">
Seats Taken: 6/25
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2000</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200009&subj_in=ECON&crse_in=4120&schd_in=">Quantitative Methods (4c)</a>
</span>
<ul class="prof-list">
<li>Jon Erickson</li>
</ul>
<span class="course-capacity">
Seats Taken: 8/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">1999</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1998</th>
<td class="term spring unscheduled">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
</tbody>
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