• Offered by Crawford School of Public Policy
  • ANU College ANU College of Asia and the Pacific
  • Classification Advanced
  • Course subject International and Developmental Economics
  • Areas of interest Economics
  • Academic career PGRD
  • Course convener
    • Dr Long Chu
  • Mode of delivery In Person
  • Offered in First Semester 2021
    See Future Offerings

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This is a Master degree and PhD level course in applied economic dynamics, designed to introduce students to a range of concepts and techniques required for modelling and analysing economic problems. Topics include time-series econometrics, transitional dynamics, optimal control theory and recursive dynamic programming with applications to natural resource economics, ecological dynamics, macroeconomic dynamics and economic growth.  In addition to paper-and-pen analysis, students will also use computers to solve common dynamic problems such as finance planning, infectious disease simulation and optimal fishing problems.

Learning Outcomes

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

  1. Be familiar with a wide range of the mathematical concepts, formalisms and techniques that are commonly used to analyse dynamic structures in economics.
  2. Have confidence in the mathematical techniques required for modelling and analysing dynamic problems in economics.
  3. Be able to simulate/solve some common dynamic models in economics using computers.

Indicative Assessment

  1. Three computer-based quizzes (10% each) (30) [LO null]
  2. Mid-term exam (10) [LO null]
  3. Final exam (60) [LO null]

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

A standard 6 unit course workload is 130 hours including in class time and independent study.

Inherent Requirements

Not applicable

Prescribed Texts

See wattle.

Assumed Knowledge

·               Mathematics: High school algebra, derivative/integration calculus and optimizations.

·               Econometrics: Simple OLS regressions.

·               Computer: MsExcel (Alternatively, works in one of the following platforms will be accepted: Matlab, R, C, Mathematica, Maple, Python, Julia, Visual Basic, Stata, Eviews).

Fees

Tuition fees are for the academic year indicated at the top of the page.  

Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees

Student Contribution Band:
34
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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
2021 $2940
International fee paying students
Year Fee
2021 $4890
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.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
On Campus
2594 22 Feb 2021 01 Mar 2021 31 Mar 2021 28 May 2021 In Person View
Online
4539 22 Feb 2021 01 Mar 2021 31 Mar 2021 28 May 2021 Online View

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