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ECON8014 Mathematical Techniques in Economics II

ECON8014 is only available under certain award programs.

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

The foundations of economic theory are based on mathematical models. Thus, a thorough understanding of the economic content of such models is not possible without a clear understanding of the mathematical concepts that underpin the modeling. Together with ECON8013 – Mathematical Techniques in Economics I, this course forms a two-semester sequence, which introduces students to a range of mathematical concepts and techniques that form the basis of advanced economic theory courses, such as the ones required of students enrolled in Honours, Masters and PhD programs. The introduced concepts and techniques will be derived as thoroughly as possible given the time constraints, and will be illustrated using standard applications from economics.

Due to the strong interdependence between the topics covered in the two courses, students are encouraged to take both courses as a sequence in the same year. Specifically, it is not recommended for students to enroll in ECON8014 without having first completed ECON8013.

Learning Outcomes

See http://cbe.anu.edu.au/courses/course.asp?code=ECON8014

Indicative Assessment

Two midterms worth 20% each and one end-of-semester examination (60%).

Workload

Four contact hours per week (three lectures and one tutorial).

Course Classification(s) AdvancedAdvanced courses are designed for students having reached 'first degree' level of assumed knowledge, which provide a deep understanding of contemporary issues; or 'second degree' and higher levels of knowledge; or for transition to research training programs. and 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 Econometrics and Economics
Eligibility

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics

Prescribed Texts

Rangarajan K. Sundaram, A First Course in Optimization Theory, Cambridge University Press, 1996.

Preliminary Reading

Not required for students who have recently completed ECON8013 – Mathematical Techniques in Economics I.

Indicative Reading List

See Course Website

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

For further information please refer to http://cbe.anu.edu.au/courses/course.asp?code=ECON8014

Academic Contact See http://cbe.anu.edu.au/courses/course.asp?code=ECON8014

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