Mathematical Economics

Mathematical Economics is a discipline, after studying which you will learn how to apply mathematical methods of processing economic information, and making economic analysis

The goal of mastering the discipline

The purpose of studying the discipline is to obtain theoretical knowledge, the formation of practical skills and abilities related to the use of mathematical tools in economic analysis

The skills you get

  • You will know the basic methods of economic analysis
  • You will be able to assess the financial and economic condition of the organization and the results of its activities
  • You will have the skill of preparing an analytical report or an information review

Topics covered

  • 1. The concept of analysis. Type of analysis. Principles of analysis. Methods
  • 2. Horizontal analysis. Vertical analysis. Trend analysis
  • 3. Analysis of the non-current assets. Analysis of current assets. Analysis of human resources
  • 4. Analysis of liquidity and solvency. Analysis of financial stability. Analysis of business activity. Analysis of financial results. Measurement of the probability of bankruptcy

When instructed

  • 3rd year, 1st semester

List of references and sourses

Olivier Le Courtois. Financial mathematics. Ohio, 2019
Stephen H. Penman. Financial Statement Analysis and Security Valuation. Irwin/McGraw-Hill, 2018