Course description

Quantitative Economics (Planned spring 2022)

Introduction

Complete course description will be ready summer 2021.

This course teaches the application of digital techniques for solving models in economics based on Excel, Python and Matlab. The course has the dual aim of teaching how to use digital tools for solving economic models and to apply these techniques to microeconomic models that are relevant for optimal decision making in firms.

Learning outcome knowledge

After taking this course the student:

  • Knows how to apply microeconomic modeling to firm decision making
  • Knows how to turn a simple economic model into a mathematic model that can be solved numerically
  • Knows a handful of useful mathematical techniques for numerical optimization and equation solving