TOKT1116 — Lý thuyết mô hình toán kinh tế 2

Following the course Theory of Mathematical Economic Models 1, after studying the fundamental content on model building, comparative statics analysis, and the class of optimization models, Part 2 examines in depth the following topics:

Issues related to the verification and estimation of consumer/producer behavior models addressed in the course Theory of Mathematical Economic Models 1

The group of (static) equilibrium models in economics.

Within the class of equilibrium models, the problems of general equilibrium, Walrasian equilibrium, and Pareto equilibrium are presented and analyzed in detail.

Main content

- Estimation of production and consumption behavior models

- Market equilibrium models under perfect competition and supply monopoly

- General market equilibrium - Walrasian equilibrium

- Equilibrium in the goods and services market IS

- Equilibrium in the money market LM

- The IS-LM model and policy analysis

- Macroeconomic equilibrium model of an open economy

Regulations on eligibility to sit the final examination

The attendance score must be 5 or above (in accordance with the University's general regulations)

Method for assessing the attendance score: see Appendix 2, rubrics 1.

Regulations on class attendance

Students are responsible for attending all class sessions in full.

In the event of an absence due to force majeure, students must take the initiative to acquire the knowledge through the materials provided by the lecturer and other required readings.

Regulations on classroom conduct

The course is conducted on the principle of mutual respect between learners and instructors;

Take complete notes and participate in answering questions;

Read the required materials in advance;

Complete the homework assignments;

Do not make noise or disturb others, and do not eat during class;

Laptops, tablets, and mobile phones may be used only for taking lecture notes and performing calculations for learning purposes, and must absolutely not be used for any other purpose.