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Quantitative Economics and Market Modeling
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Module 1
Quantitative Foundations and Python as a Calculator
1
Evaluating Numerical Expressions with Order of Operations
Evaluate numerical expressions containing negative numbers, fractions, powers, and parentheses using the order of operations.
2
Converting Fractions, Decimals, and Percentages
Convert between fractions, decimals, and percentages.
3
Understanding Absolute, Relative, Percentage, and Percentage-Point Changes
Calculate and distinguish absolute, relative, percentage, and percentage-point changes in economic quantities.
4
Solving One-Variable Linear Equations
Solve linear equations in one unknown.
5
Rearranging Formulas to Isolate a Variable
Rearrange a formula to isolate a specified variable.
6
Checking Dimensional Consistency in Equations
Check whether the units in a quantitative equation are dimensionally consistent.
7
Evaluating Expressions with Python Variables and Operators
Use Python variables and arithmetic operators to evaluate quantitative expressions.
8
Verifying Algebraic Solutions by Substitution
Verify an algebraic solution by substitution manually and in Python.
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