• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics
  • Academic career UGRD
  • Course convener
    • Dr Yijuan Chen
  • Mode of delivery In Person
  • Offered in Second Semester 2014
    See Future Offerings

The foundations of economic theory are based on mathematical models. Thus, a clear understanding of the mathematical concepts that underpin the modelling is necessary for a thorough understanding of the economic content of such models. This course 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 concepts and techniques will be derived from basic principles and assumptions as thoroughly as possible, and will be illustrated using standard applications from economics.

Undergraduate students who are interested in pursuing an Honours or Post-graduate degree are advised to take this course as early as possible during their undergraduate studies.

Learning Outcomes

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.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

Two midterms worth 20% each and one end-of-semester examination (60%).

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Workload

Four contact hours per week (three lectures and one tutorial).

Requisite and Incompatibility

To enrol in this course, you must have completed ECON2125 Mathematics for Economists A or ECON2015/6015 Optimisation Techniques for Economists.

Prescribed Texts

Rangarajan K. Sundaram, A First Course in Optimization Theory, Cambridge University Press, 1996.

Preliminary Reading

Not required for students who have recently completed ECON2125 – Mathematics for Economists A.

Majors

Fees

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:
2
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.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3240
2007 $3240
2008 $3240
2009 $3240
2010 $3240
2011 $3240
2012 $3240
2013 $3240
2014 $3246
International fee paying students
Year Fee
1994-2003 $2922
2004 $3234
2005 $3234
2006 $3288
2007 $3426
2008 $3426
2009 $3426
2010 $3750
2011 $3756
2012 $3756
2013 $3756
2014 $3762
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
7217 21 Jul 2014 01 Aug 2014 31 Aug 2014 30 Oct 2014 In Person N/A

Responsible Officer: Registrar, Student Administration / Page Contact: Website Administrator / Frequently Asked Questions