Foundations of Economic Analysis

This intensive, fast-paced course provides a comprehensive review of essential mathematical and statistical tools through the lens of economic analysis. Students will gain hands-on experience applying these concepts to real economic models, ensuring they’re fully prepared for the demands of graduate-level economics coursework.

Who Should Consider Enrolling in This Course:

Any incoming MS in Applied Economics (MSAE) or MS in International & Development Economics (IDEC) student who:

• *Has been required to take ECON 120 during the first semester, as listed on your admission letter (see note below),
• Has been out of school for a while and needs a refresher on calculus and statistics,
• Has a weaker background in calculus and statistics, or
• Would like a quick refresher on calculus and statistics.

*Note: If you have been required to take ECON 120 Economic Methods as an additional requirement during your first year, you may complete the ECON 120 requirement by attending this certificate course and receiving a score of 85 or higher in the exemption exam offered at the end.

Designed With You in Mind

This course was developed to support your academic and professional goals with:

• A clear bridge into USF’s MS Economics programs
• Accelerated review of key mathematical and statistical concepts
• Real-world economic applications that deepen your understanding
• A supportive learning environment with expert faculty
• Flexibility to meet the needs of working professionals and students
• Immediate skill development for academic and career advancement

Key topics covered in this course include:

• Mathematical Economics and Models
• Equilibrium Analysis and Linear Models
• Matrix Algebra
• Comparative Statics and Derivatives
• Rules of Differentiation
• Differentials
• Optimization
• Descriptive Statistics
• Inference, Correlation, Distributions
• Tests of Differences/ T-Tests