This course deals with procedures for formulating and applying mathematical optimizing techniques. Emphasis is on the use of linear, quadratic, and nonlinear programming models for researching economic problems.

INSTRUCTOR: Dr. Tsoung-Chao Lee

TIME: Tu, Th 2:00-3:15pm

PLACE: Room 233 in W. B. Young Building

CREDITS: 3

PREREQUISITES: "What is required is the ability to follow a moderately involved mathematical argument, an ability which generally comes along with a fair amount of experience and is often characterized by the illusive phrase 'mathematical maturity'." (Gale, p. viii)

• Economic interpretation of duality, existence, and complementary slackness theorems. Geometric reasonings of Kuhn-Tucker conditions.

• Allocation of resources in a competitive economy. Competitive equilibrium

• Quadratic programming formulation of a spatial and intertemporal equilibrium analysis, international trade with quota and tariffs, shipping patern.

• Multiple-goal programming, and estimation of the parameters of frontier functions.

• Risk programming. E-V analysis and quadratic programming.

• Integer programming and nonlinear convex programming

• Learning the use of MPS/370, GAMS, BASIC

and the instructor's LPQP software.

For further
information contact:    Dr. Tsoung-Chao Lee    or    Dr. Rigobelto Lopez
                              486-2741                       486-2739
                        Department of Agricultural and Resource Economics

ARE Home Page Menu

CANR HOME PAGE

Husky Web Page

Spirit Library Page