The objective of this course is to empower students of effective application of the mathematical tools, to understand, analyze, and explain economic phenomena. That implies to achieve the following objectives: A) Students will acquire reasonable methodology and its mathematical tools to deal with economic phenomena. B) Students will acquire skills to identify an economic problem, and determine its variables, and formulate mathematical formula between these variables. C) Students will be able to explore solutions for the economic problem, by applying learned tools or, finding further tools or, working with team members. D) Students will acquire communication skills to explain and interpret the economic problem after addressing it mathematically. E) Students will be oriented to use software applications to build and solve the problem, like MS Excel, or Mat Lab.