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Quantitative Analysis for Business and Economics - ECON1202
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Faculty: Australian School of Business
 
 
School:  School of Economics
 
 
Course Outline: ECON1202 Course Outline
 
 
Campus: Kensington Campus
 
 
Career: Undergraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.12500 (more info)
 
 
Indicative Contact Hours per Week: 3
 
 
Equivalent: ECON2291
 
 
Excluded: ECON2291, MATH1011, MATH1031, MATH1131, MATH1141, MATH1151
 
 
Fee Band: 3 (more info)
 
 
Further Information: See Class Timetable
 
 
Available for General Education: Yes (more info)
 
 

Description

During Summer Term, this course is available as General Education to students from faculties outside the Australian School of Business.
All students taking this course during Summer Term 2009/10 will be required to pay full tuition fees. This includes Commonwealth supported students who are studying at UNSW. Please see Australian School of Business courses - Summer Term fees 2009-10 for more information.


This course examines: mathematics of finance: (compound interest, present value, annuities); matrix algebra: (operations with matrices, determinants, matrix inverse, rank, solutions to matrix equations); the graphical approach to linear programming; calculus: (univariate differentiation, maxima and minima of a function, functions of several variables, partial derivatives, unconstrained and constrained optimisation) and the applications of the above concepts and techniques in accountancy and economics, including the use of spreadsheet computer programs.

Assumed Knowledge: A level of knowledge equivalent to achieving a mark of at least 60 in HSC Mathematics. Students who have taken General Mathematics will not have achieved the level of knowledge which is assumed for this course.

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© The University of New South Wales (CRICOS Provider No.: 00098G), 2004-2011. The information contained in this Handbook is indicative only. While every effort is made to keep this information up-to-date, the University reserves the right to discontinue or vary arrangements, programs and courses at any time without notice and at its discretion. While the University will try to avoid or minimise any inconvenience, changes may also be made to programs, courses and staff after enrolment. The University may also set limits on the number of students in a course.