Introduction and Background Mathematics (Chapter 1; Appendix A)
- Brief history of economic thought
- Review and introduction to Calculus
- Introduction to Matrix Algebra
- Short video: Why capitalism works (Milton Friedman)
Microeconomic Theory: Basics (Chapter 4)
- Production economics I (Sec. 4.1)
- Production economics II (Sec. 4.1)
- Theory of cost (Sec. 4.2)
- Consumer demand theory (Sec.4,3)
- Elasticities (Sec. 4.4)
- Supply and demand (Sec. 4.5)
- International trade theory (Sec, 4.6)
- International trade agreements (extra)
Welfare Measurement and Project Evaluation (Chapter 5)
- Project evaluation: Surplus areas & rent
- Resource rent collection
- Cost-benefit analysis and discounting
- Other criteria and irreversibility
Market Structures and Market Distortions (Chapter 6)
- Market structures and imperfect competition (Sec. 6.1)
- Market structure: Case studies (Sec. 6.2)
- Price discrimination (Sec. 6.3)
Risk and Uncertainty (Chapter 11, Sec. 11.2)
Artificial Intelligence (AI) and R software (Chapter 12)
- Artificial Intelligence (Sec. 12.1)
- Introduction to RStudio (Sec. 12.2)
- Programming in R with ChatGPT or DeepSeek (Sec. 12.3)
- RStudio and linear programming
Regression and Simulation (Chapter 13)
- Statistical moments (Sec. 13.1)
- Simple and multiple regression analysis using R (Sec. 13.2)
- Regression analysis using Excel (Sec. 13.3)
- Simulation and the triangle distribution (Sec. 13.4)
Mathematical Programming (Chapter 14)
- Mathematical programming background (Kim et al., Chap. 3.3 & 3.4)
- Linear programming (LP) in R and Excel (Sec. 14.1)
- LP Applications (Kim et al. Chapter 4)
- Quadratic programming (Sec. 14.2, 14.3; Kim et al. Chap. 6.3)
- Price endogenous models (Kim et al. Chapter 7)
- Learning Excel
- Learning linear programming
- RStudio and linear programming
- Solving linear programming problems in Excel
Brief Mathematical Appendix (Extra)