Quantitative Analysis for Business and Economics - ECON1202
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, MATH1031, MATH1131, MATH1141, MATH1151
CSS Contribution Charge: 2 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
Available for General Education: Yes (more info)
View course information for previous years.
Description
All students taking this course during Summer Term 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 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.