Monash University Handbook 2011 Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

The unit will cover, in mathematical terms, many of the areas treated more intuitively in first-year microeconomics, eg: consumer demand, the theory of the firm, equilibrium and Pareto optimum. However, a significant portion of the lectures will deal with topics not covered earlier, such as non-linear programming, game theory, and dynamic optimisation.

Objectives

The learning goals associated with this unit are to:

1. analyse mathematically many of the basic economic problems introduced in earlier years
2. apply optimisation analysis to a range of other economic topics.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Dyuti Banerjee

Contact hours

3 hours per week

Prerequisites

ECC2000 or equivalent

Prohibitions

ECC4384