Mathematics for Economists

Subject ECON40017 (2011)

Note: This is an archived Handbook entry from 2011.

Credit Points:

12.50

Level:

4 (Undergraduate)

Dates & Locations:

This subject has the following teaching availabilities in 2011:

Semester 2, Parkville - Taught on campus.

Pre-teaching Period Start	not applicable
Teaching Period	not applicable
Assessment Period End	not applicable
Last date to Self-Enrol	not applicable
Census Date	not applicable
Last date to Withdraw without fail	not applicable

Timetable can be viewed here. For information about these dates, click here.

Time Commitment:

Contact Hours: One 90 minute lecture and one 90 minute workshop per week
Total Time Commitment: 120 hours

Prerequisites:

Permission from the Honours convenor

Corequisites:

None

Recommended Background Knowledge:

None

Non Allowed Subjects:

None

Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements of this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Coordinator

Prof Peter Bardsley

Contact

p.bardsley@unimelb.edu.au

8344 6391

Subject Overview:	This subject introduces students to mathematical concepts and techniques that are used in advanced economics.
Objectives:	On completion of this subject, students should be able to: • understand the definitions and fundamental concepts of linear algebra, vector calculus and real analysis as they relate to studies in advanced economics; • prove relevant optimisation theorems; • set up and solve optimal control problems; • set up and solve dynamic programming problems
Assessment:	Assignments consisting of problems and exercises due at regular intervals during the semester (80%) and a two-hour end of semester examination (20%)
Prescribed Texts:	To be advised
Breadth Options:	This subject is not available as a breadth subject.
Fees Information:	Subject EFTSL, Level, Discipline & Census Date
Generic Skills:	• High level of development: problem solving; interpretation and analysis; critical thinking. • Moderate level of development: oral communication; written communication; collaborative learning; team work; application of theory to practice; receptiveness to alternative ideas. • Some level of development: synthesis of data and other information; evaluation of data and other information; use of computer software; accessing data and other information from a range of sources.

Download PDF version.