• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Academic career UGRD
  • Course convener
    • Fedor Iskhakov
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in Second Semester 2018
    See Future Offerings

This course will teach the basics of programming and computational skills for economic analysis and enable the students to take numerical approach to familiar mathematical problems. Students will learn to graphically represent familiar ideas such as supply and demand curves, equilibrium prices and consumer choice. They will explore how these choices and equilibria change with shifts in policy instruments, preferences and technologies. In the process they willlearn to use common computational solution methods, such as root finding and optimization. Students will also learn how to obtain, manipulate and represent data, using tools such as scatterplots and histograms.

Learning Outcomes

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

1. Basic programming skills (conditions, loops, flow control, iteration, etc.)
2. Ability to implement familiar mathematical methods on a computer
3. Reinforcement of key ideas from economic analysis
4. Algorithm and data manipulation and visualization of economic data

Indicative Assessment

  • Individual test-assignment with feedback (by week 4)
  • Midterm exam (40%)
  • Final exam (60%)

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2 hour lecture + 2 hour tutorial in computer lab

Requisite and Incompatibility

To enrol in this course you must have previously completed ECON2125 or ECON4413 or equivalent. Incompatible with ECON3127 and ECON8014.

Prescribed Texts

Jérôme Adda, Russell W. Cooper “Dynamic Economics: Quantitative Methods and Applications”, MIT Press, 2003

Preliminary Reading

Edward R. Tufte. The Visual Display of Quantitative Information. Graphics Press, 2001

1. R K Sundaram. A First Course in Optimization Theory. Cambridge University Press,1996.
2. Kevin Sheppard. Introduction to Python for Econometrics, Statistics and Data Analysis
KevinSheppard.com (August 05, 2014)
3. Quantitative Economics online resource

Assumed Knowledge

General knowledge of math and basic economics



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.

6.00 0.12500
Domestic fee paying students
Year Fee
2018 $3900
International fee paying students
Year Fee
2018 $5160
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.

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
9685 23 Jul 2018 30 Jul 2018 31 Aug 2018 26 Oct 2018 In Person N/A

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