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ECON6015 Optimisation Techniques for Economists

Offered By School of Economics
Academic Career Graduate Coursework
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 focusses on 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

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Course Classification(s) TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses.
Areas of Interest Economics, Mathematics, and Statistics
Prescribed Texts

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Programs Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, Graduate Diploma in Economics, Graduate Diploma in Applied Economics, Graduate Diploma in International Trade and Economic Relations, Graduate Diploma in Economic Policy, and Graduate Diploma in International Trade and Economic Relations
Other Information

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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