Useful Links
Economics
Foundational Economics
Mathematical Economics
1. Introduction to Mathematical Economics
2. Static Equilibrium Analysis
3. Linear Models and Matrix Algebra
4. Comparative Static Analysis
5. Optimization Problems
6. Dynamic Analysis
7. Advanced Topics in Mathematical Economics
Linear Models and Matrix Algebra
Vectors and Vector Spaces
Definition of Vectors
Vectors as Ordered n-tuples
Geometric Representation
Vector Notation
Vector Operations
Vector Addition and Subtraction
Scalar Multiplication
Dot Product
Vector Norms
Vector Spaces
Definition and Properties
Subspaces
Linear Combinations
Matrices and Matrix Operations
Definition of Matrices
Matrix Notation and Dimensions
Elements and Indexing
Matrix Operations
Matrix Addition and Subtraction
Scalar Multiplication
Matrix Multiplication
Properties of Matrix Operations
Special Types of Matrices
Identity Matrix
Null Matrix
Diagonal Matrix
Upper and Lower Triangular Matrices
Transpose of a Matrix
Symmetric Matrices
Skew-Symmetric Matrices
Linear Independence and Rank
Linear Independence of Vectors
Linear Dependence
Basis and Dimension
Rank of a Matrix
Row Rank and Column Rank
Rank-Nullity Theorem
Applications to Economic Systems
Determinants
Definition and Calculation of Determinants
Properties of Determinants
Minors and Cofactors
Expansion by Minors
Geometric Interpretation
Cramer's Rule
Application to Systems of Linear Equations
Conditions for Applicability
Matrix Inversion
The Inverse of a Matrix
Methods for Finding the Inverse
Adjugate Method
Gaussian Elimination
Elementary Row Operations
Conditions for Nonsingularity
Properties of Matrix Inverses
Systems of Linear Equations
Solving Systems of Linear Equations
Gaussian Elimination
Matrix Methods
Existence and Uniqueness of Solutions
Homogeneous vs. Nonhomogeneous Systems
Applications to Economic Models
Input-Output Models
Structure of Input-Output Tables
Technology Matrix
Final Demand Vector
Solution of Input-Output Systems
Economic Interpretation
Leontief Inverse
Previous
2. Static Equilibrium Analysis
Go to top
Next
4. Comparative Static Analysis