Optimisation Techniques for Economists ECON6015  - Details

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Offered By: School of Economics
Academic Career: Graduate Coursework
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 focusses on development of the following techiniques and their applications in economics:
  1. Functions of one variable
  2. Differentiation
  3. Single-variable optimization
  4. Functions of many variables
  5. Comparative statics
  6. Multivariable optimization
  7. Constrained optimization
  8. 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: See Course Website
Areas of Interest: Economics, Mathematics, and Statistics
Prescribed Texts: See Course Website
Programs: Graduate Diploma in Applied Economics, Graduate Diploma in Economic Policy, Graduate Diploma in Economics, and Graduate Diploma in International Trade and Economic Relations
Other Information: See Course Website
Academic Contact: School of Economics