Nova School of Business and Economics

Calculus II

Code

1302

Academic unit

null

Department

null

Credits

7,5

Teacher in charge

Patrícia Xufre

Teaching language

Portuguese and English

Objectives

The course develops the fundamental tools of differential calculus in ℝⁿ, that enable the mathematical formulation and study of models in Economics, Business and Finance.

Prerequisites

Mandatory Precedence:

- 1301. Calculus I

Subject matter

1.Space ℝⁿ

Topological notions.

2.Functions from ℝⁿ into ℝm

Examples in Economics/Business; domain; level curves; limits and continuity.

3.Differentiation in ℝⁿ

Partial derivatives; differentiation; Taylor?s theorem; derivative of the composite function; homogeneous functions and Euler?s theorem.

4.Inverse function theorem and Implicit function theorem.

5.Optimization

Free optimization; optimization with equality constraints; optimization with inequality constraints. Karush-Kuhn-Tucker conditions. Sufficiency and Necessity theorems. Envelope theorem.

Bibliography

?Pires, C., Cálculo para Economia e Gestão, Escolar Editora, 2010
?Campos Ferreira, J., Introdução à Análise em ℝⁿ, electronic publication (http://preprint.math.ist.utl.pt/files/iarn.pdf), DM, IST, 2003
?Xufre,P., Silva, P., Mendes, D., Análise em ℝⁿ, 2ª edição, 2014 Pearson Educación, S.A.

Teaching method

Theoretical classes; practical classes; resolution and proposal of problems and exercises; mini-tests, midterm test and final exam.

Evaluation method

Evaluation consists of two midterm test (20% each) and a final exam (60%). To pass the course, students must get at least 8.5 (over 20) in the final exam.

Courses