Techniques of constrained optimisation including both equality and inequality constraints, maximum value functions and the envelope theorem; general equilibrium including fixed points, existence and uniqueness of competitive equilibria and the fundamental theorems of welfare economics; dynamic optimisation; the maximum principle; and dynamic programming and Bellman's Equation.

3-hour final examination and problem sets.

Two lectures per week with tutorials throughout the semester.

ECON2125 Mathematics for Economists A and ECON2127 Mathematics for Economists B (or prior study of university mathematics to an appropriate level) and ECON2101/2111 Microeconomics 2 (P or H) and ECON2102/2112 Macroeconomics 2 (P or H).

with ECON2121/2122 and ECON2023/2024 Mathematical Economics 1A and 1B (P/H).

Chiang, A.C., Fundamental Methods of Mathematical Economics, McGraw.

For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=ECON3121