Skip navigation

ECON6015 Optimisation Techniques for Economists

Offered By Research School of Economics General
Academic Career Graduate Coursework
Course Subject Economics
Offered in First Semester, 2012 and First Semester, 2013
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 focuses on development of the following techniques 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

Upon successful completion of the requirements for this course, students will be able to:
• Understand theorems and proofs presented in class
• Solve static (constrained and unconstrained) optimization problems.
• Use comparative statics tools to analyse these solutions.
• Formulate basic economic models and analyse them using optimization
techniques.

Indicative Assessment

A combination of regular problem sets, a midterm exam and a final exam.

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

Please see Course Website

Academic Contact School of Economics

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.

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