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ECON 207: Applied Economic Optimization

(2-2) Cr. 3. F.S.

Prereq: MATH 151, MATH 160, MATH 165 or equivalent
Application of linear algebra, calculus and unconstrained and constrained optimization techniques to economic problems. Learning outcomes include the ability to (i) identify the objective, decision variables and constraints in economic decision problems, (ii) represent elements of an economic problem in simple mathematical models, (iii) identify and apply mathematical tools that can be used to solve the problems, (iv) identify the strengths and limitations of the solution method, and (v) interpret the economic meaning and implications of the solution.

Economics

http://catalog.iastate.edu/collegeofliberalartsandsciences/economics/

The Department of Economics offers coursework for Bachelor of Science degrees in three majors:  Agricultural Business, Economics, and Business Economics.  The Department also offers a minor in Agricultural Business and a minor in Economics.  In addition, the Department participates in four interdepartmental programs:  International Agriculture (CALS), Global Resource Systems (CALS), International Studies (LAS), and Women's Studies (LAS).  Further details of the three majors are found in the respective sections. 

Ivy College of Business

http://catalog.iastate.edu/collegeofbusiness/

...courses. Bus Econ majors will take MATH 160 Survey of Calculus and ECON 207 Applied...

Actuarial Science

http://catalog.iastate.edu/collegeofbusiness/actuarialscience/

...ACCT 284, ECON 101, FIN 301, MATH 165, MATH 166, MATH 265, MATH 207 or...

Business Economics

http://catalog.iastate.edu/collegeofbusiness/businesseconomics/

...Business Economic majors take MATH 160 and ECON 207 instead of MATH 150 and MATH...

Computing Applications Certificate

http://catalog.iastate.edu/collegeofliberalartsandsciences/computingapplicationscertificate/

...302 Research Methods for the Social Sciences ECON 207 Applied Economic Optimization Any course at...