Economics 204 Summer/Fall 2008
Lecture 1–Monday July 28, 2008
Bob Anderson
Rick Fernholz
Congyan Tan
Website:
http://emlab.berkeley.edu/users/anderson/Econ204/204index.html
Lectures
will often run past 3:00, don’t schedule things before 3:30.
Sections:
910:30, 10:301212 in 6087 Evans; please split up evenly.
Prerequisites:
Berkeley Math 5354 or equivalent:
•
four semesters of college mathematics
•
linear algebra
•
multivariable calculus
•
rigorous: theorems stated carefully and some proofs given
•
stream for engineers and scientists
Grading in First Year Econ Grad Classes:
•
median grade B+: solid command of material
•
A and A are really good grades; A+ truly exceptional
•
B: ready to go on to further work. B in 204, ready to do 201AB, 202AB,240AB
•
B: really marginal, but we’re not going to make you take it again. B in 204, you’re going to have
a very hard time in 201AB. Should seriously consider taking Math 5354 this year, /newpageretake
204 next year, delay 201AB for a year. B is a passing grade for Berkeley grad students, but grad
students are required to maintain a B average.
•
C: deFnitely not ready for 201AB, 202AB, 240AB. Take Math 5354 this year, retake 204 next
year, defer 201AB. 204 with at least a B will be an
enforced
prerequisite for 201AB.
1
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F: didn’t take fnal exam. F’s do horrible things to your GPA, so make sure you
withdraw
i± you
don’t take the fnal.
Goals:
•
Reduce heterogeneity o± math backgrounds o± students in Econ grad classes
•
Advance everyone’s math skills
•
Challenge everyone; consequently, not everyone will understand everything
•
Develop math skills needed to work as a pro±essional economist (text is ±rom Penn’s math class ±or
graduate students)
•
Ability to read purported proo±s and determine whether or not they are correct. Essential to reading
the models underlying mainstream theoretical, empirical, and experimental economics papers.
•
Ability to compose simple proo±s; essential to writing models in mainstream theoretical, empirical,
and experimental economics papers.
•
Cover material in real analysis and linear algebra at a moderate level o± abstraction (considerably
more abstract than Math 5354).
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 Fall '08
 ANDERSON
 Economics, Equivalence relation, Mathematical logic, 201AB, econ grad classes

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