- Code ECON2125
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Economics
- Areas of interest Economics
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 ECON2127 – Mathematics for Economists B, 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 from basic principles and assumptions as thoroughly as possible, 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. Undergraduate students who are interested in pursuing an Honours or Post-graduate degree are also advised to take these courses as early as possible during their undergraduate studies.
Upon successful completion, students will have the knowledge and skills to:
Upon a successful completion of this course, students should be able to:
- Understand the mathematical methods that are most widely used in economics, both from a formal, abstract perspective, and an intuitive perspective.
- Know how to read, understand, and construct mathematical proofs, and appreciate their role in the derivation of mathematical concepts and structures.
- Apply mathematical methods and techniques that are formulated in abstract settings to concrete economic applications.
See the course outline on the College courses page. Outlines are uploaded as they become available.
Two midterms worth 20% each and one end-of-semester examination (60%).
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Four contact hours per week (three lectures and one tutorial).
Requisite and Incompatibility
Carl P. Simon and Lawrence Blume, Mathematics for Economists, W.W. Norton, 1994.
Students are encouraged to carefully read through the first seven chapters of the course textbook, which review material that students should be familiar with from EMET1001 – Foundations of Economic and Financial Models.
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Students continuing in their current program of study will have their tuition fees indexed annually from the year in which you commenced your program. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
- Domestic fee paying students
- International fee paying students
Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|3217||17 Feb 2014||07 Mar 2014||31 Mar 2014||30 May 2014||In Person||N/A|