- Code ECON6015
- 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, Statistics, Mathematics
- Academic career PGRD
- Mode of delivery In Person
This course provides a thorough coverage of static optimisation techniques as used in economics. It will be application oriented, and focuses on development of the following techniques and their applications in economics:
- Functions of one variable
- Single-variable optimization
- Functions of many variables
- Comparative statics
- Multivariable optimization
- Constrained optimization
- Introduction to matrix and vector algebra
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the requirements for this course, students will be able to:
• Understand theorems and proofs presented in class
• Solve static (constrained and unconstrained) optimization problems.
• Use comparative statics tools to analyse these solutions.
• Formulate basic economic models and analyse them using optimization
See the course outline on the College courses page. Outlines are uploaded as they become available.
A combination of regular problem sets, a midterm exam and a final exam.
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Assumed KnowledgeStudents who would like to review pre-requisite material before starting ECON6015/ECON8013 may look at textbooks such as Essential Mathematics for Economics and Business by Teresa Bradley (fourth edition 2013) or Essential Mathematics for Economic Analysis by Knut Sydsæter and Peter Hammond (fourth edition 2012).
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. Tuition fees are indexed annually. 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.