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Course Details |
Fees and Dates
Later Year Course
| Offered By: |
School of Economics |
| Academic Career: |
Undergraduate |
| Course Subject: |
Economics |
| Offered in: |
First Semester, 2010 |
| 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:
- Functions of one variable
- Differentiation
- Single-variable optimization
- Functions of many variables
- Comparative statics
- Multivariable optimization
- Constrained optimization
- Introduction to matrix and vector algebra
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| 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 |
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