• 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 Hoa Nguyen
  • Mode of delivery In Person
  • Offered in First Semester 2022
    See Future Offerings

This course is available for in-person and remote (online) learning.

This course introduces students to a range of mathematical techniques and concepts required for modeling and analysing economic problems. Course topics include matrix algebra, calculus, static unconstrained and constrained optimisation, non-linear programming, difference and differential equations, optimal control theory and dynamic programming. The mathematical methods and techniques will be applied to specific problems from all areas of economics.

Learning Outcomes

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

  1. Formulate and solve simple mathematics-based problems in economics.
  2. Gain a command of the mathematical techniques required for modelling and analysing economic problems in postgraduate economics courses.
  3. Understand a wide range of mathematical concepts, formalisms, and techniques.
  4. Critically assess the content and meaning of the mathematical statements that appear in economics literature.

Indicative Assessment

  1. Two quizzes (30) [LO 1,2,3,4]
  2. Group presentation (10) [LO 1,2,3,4]
  3. Final exam (60) [LO 1,2,3,4]

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

The standard workload for a 6 unit course is 120 hours including class time and independent study.

Inherent Requirements

Not applicable

Prescribed Texts

Hoy, Michael, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos (2022), Mathematics for Economics, 4th edition, Cambridge: MIT Press.


Preliminary Reading

Klein, Michael W. (2002), Mathematical Methods for Economists, 2nd edition, Addison-Wesley.

Adda, Jerome, and Russell W. Cooper (2003), Dynamic Economics: Quantitative Methods and Applications, Cambridge: MIT Press.


Suggested readings for each topic are provided on Wattle.

Assumed Knowledge

Students should have undertaken at least undergraduate study of economics and have completed high school level mathematics including algebra and analysis up to basic differential calculus.

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 Description
2022 $4440 Standard Rate
2022 $3510 Grandfathered Rate*

*continuing students in nominated programs only. See fee website

International fee paying students
Year Fee
2022 $5700
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
2358 21 Feb 2022 28 Feb 2022 31 Mar 2022 27 May 2022 In Person View
Online
4179 21 Feb 2022 28 Feb 2022 31 Mar 2022 27 May 2022 Online View

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