Undergraduate - UnitECC3840 - Mathematical economics

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 0 (NATIONAL PRIORITY), 0.125 EFTSL

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

Level	Undergraduate
Faculty	Faculty of Business and Economics
Offered	Clayton Second semester 2012 (Day)
Coordinator(s)	Dr Dyuti Banerjee

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.

Outcomes

The learning goals associated with this unit are to:

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

Assessment

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

Chief examiner(s)

Dr Dyuti Banerjee

Contact hours

3 hours per week

Prerequisites

ECC2000 or equivalent

Prohibitions

ECC4384