Duration: 3 hours per week - 13 weeks [ECTS: 6]

Course outline

1. Leontief modelling in Inputs-Outputs.
2. Quadrature forms: introduction and definition, the sign of QF
3. Eigenvalues and eigenvectors: Definitions, characteristic equation, the sign of QF with the use of eigenvalues, diagonalization
4. Comparative Static Analysis: Introduction to the rate of change, Derivative of functions in one variable, Rules of differentiation, Applications in economic problems, Partial Derivatives, Applications in Comparative Static Analysis, Jacobian determinants, Elasticity of demand, Derivatives of Implicit functions