• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Course subject International and Developmental Economics
  • Academic career PGRD
  • Mode of delivery In Person
  • Offered in Summer Session 2016
    See Future Offerings

This course introduces fundamental mathematical techniques to be used in applied economics. It serves as a preparation for students who will continue to do Mathematical Methods in Applied Economics (IDEC8015) and Graduate Diploma Microeconomics (IDEC 8016). The course covers topics on linear algebra and calculus. It gives students a taste of applying mathematics in economic analysis. Students are encouraged to actively participate in class discussions.

Learning Outcomes

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

1. understand basic linear algebra concepts, such as vector space, matrices, matrix operations, and the determinant and inverse of a matrix;
2. understand how linear algebra relates to economics and how linear algebra techniques can be used to solve a system of linear equations in an applied economic context;
3. describe the concept of a mathematical function, understand properties of functions, and use functions to describe and solve economic problems;
4. have a command of basic calculus, including rules of differentiation;
5. formulate economic problems using multivariate functions and be familiar with unconstrained optimisation techniques;
6. understand the concept of constrained optimization and its application in economics.

Indicative Assessment

A range of formative and summative assessment tasks will be used to aid student learning. Feedback will be provided on all tasks. Completion of all tasks is required.

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

Approximately 30 hours class, with an equivalent number of hours in self study

Requisite and Incompatibility

You will need to contact the Crawford School of Public Policy to request a permission code to enrol in this course.

Prescribed Texts

Mathematics for Economics 
Author: Hoy, M, Livernois, J, McKenna, C, Rees, R & StengosPublisher: MIT Press, CambridgeEdition: 3rd

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. 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:
3
Unit value:
0 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
0.00 0.00000
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.

Summer Session

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
1626 04 Jan 2016 05 Feb 2016 05 Feb 2016 12 Feb 2016 In Person N/A

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