Quantitative Analysis for Business and Econ (Arts) - ECON2291
Faculty: Australian School of Business
School: School of Economics
Course Outline: ECON2291 Course Outline
Campus: Sydney
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 3
Enrolment Requirements:
Exclusions: MATH1031, MATH1011, MATH1021, MATH1131, MATH1231, MATH1141, MATH1241
Equivalent: ECON1202
Excluded: ECON1202, MATH1031, MATH1131, MATH1141, MATH1151
CSS Contribution Charge: 2 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
View course information for previous years.
Description
This course examines: mathematics of finance: (compound interest, present value, annuities); matrix algebra: (operations with matrices, determinants, matrix inverse, rank, solutions to matrix equations); the graphical approach to linear programming; calculus: (univariate differentiation, maxima and minima of a function, functions of several variables, partial derivatives, unconstrained and constrained optimisation) and the applications of the above concepts and techniques in accountancy and economics, including the use of spreadsheet computer programs.
Assumed Knowledge: A level of knowledge equivalent to achieving a mark of at least 60 in HSC Mathematics. Students who have taken General Mathematics will not have achieved the level of knowledge which is assumed in this course.