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ECON2015 Optimisation Techniques for Economists

Later Year Course

Offered By School of Economics
Academic Career Undergraduate
Course Subject Economics
Offered in First Semester, 2011 and First Semester, 2012
Unit Value 6 units
Course Description

This course provides a thorough coverage of static optimisation techniques as used in economics.  It will be application oriented, and focus upon development of the following techiniques and their applications in economics:

  1. Functions of one variable
  2. Differentiation
  3. Integration
  4. Single-variable optimization
  5. Functions of many variables
  6. Comparative statics
  7. Multivariable optimization
  8. Constrained optimization
  9. Introduction to matrix and vector algebra
Learning Outcomes

Successful students should be able to solve simple static optimisation problems and to recognise the application of optimisation techniques to problems in economics. 

Indicative Assessment

A combination of regular Problem Sets, a midterm exam and a final exam.

Workload

See Course Website

Areas of Interest Economics, Mathematics, and Statistics
Requisite Statement

EMET1001 Foundations of Economic and Financial Models

Other Information

See Course Website

Academic Contact School of Economics

The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions