• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Classification Transitional
  • Course subject Econometrics
  • Areas of interest Econometrics, Economics
  • Academic career PGRD
  • Course convener
    • Dr Timo Henckel
  • Mode of delivery In Person
  • Offered in Second Semester 2014
    See Future Offerings

The course teaches the mathematical foundations of models in economics, business and finance and its applications. Mathematical topics covered include set theory, functions, series, limits, univariate and multivariate calculus, unconstrained and constrained optimisation, matrix algebra. Applications include effective interest rates, present value, annuities, production functions, average and marginal cost functions, profit maximisation.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

By the end of the course students will:
• have a sound understanding of mathematical techniques discussed
• formulate economic problems in mathematical terms and apply the tools provided in the module for analysing them.
• demonstrate an understanding of many of the common functional forms used in economics their derivatives
• apply the basic principles of maximisation and minimisation to optimisation problems     
• apply matrix algebra to simple economic problems and models
• make use of some basic principles of financial arithmetic in economic and financial problems

Other Information

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

Indicative Assessment

  • 85% of the overall course mark composed from the EMET1001 part of the course (see EMET1001)
  • 15% of the overall course mark based on a tutorial/seminar essay. See Course Website.

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

Three lectures and two tutorials per week.

Requisite and Incompatibility

You are not able to enrol in this course if you have completed EMET1001

Prescribed Texts

Maths for Economics, by Geoff Renshaw, 2ed, Oxford University Press, 2008

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:
3
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 $2088
2004 $2160
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 $3234
2004 $3234
2005 $3234
2006 $3534
2007 $3618
2008 $3618
2009 $3618
2010 $3942
2011 $3942
2012 $3942
2013 $3942
2014 $3948
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
7778 21 Jul 2014 08 Aug 2014 31 Aug 2014 30 Oct 2014 In Person N/A

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