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ETF9700

Mathematics for business ( 6 points, SCA Band 2, 0.125 EFTSL)

Postgraduate
(BUS)

Leader: Dr Duangkamon Chotikapanich

Offered:
Caulfield Second semester 2006 (Day)

Synopsis: The topics covered in this unit include: The Linear Model, Linear Simultaneous Equations, Non-linear functions, Financial Mathematics, Derivatives and Partial Differentiation, Optimization (constrained and non-constrained), Matrix Algebra, and Difference equations.

Objectives: On successful completion of this unit, students should have developed a useful set of mathematical skills in linear and non-linear function, linear simultaneous equations, derivatives, optimization, matrix algebra and difference equations. Students will have learned how to apply these skills to solve problems in business and finance context.

Assessment: Mid-semester test: 20%;+ Assignments: 20%; + Final Examination (2 hours): 60%

Contact Hours: Two 1-hour lectures and one 1-hour tutorial session per week

Prerequisites: Students must be enrolled in course codes 3814, 3815, 3816 or 3822 or must have passed ETX1100.

Prohibitions: ETF2700