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Quantitative Methods A - ECON1202 | ||||||||||||||||||||||||||||||||||||||||||||
Description 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. |