Mathematical Economics - ECON3202
Faculty: Australian School of Business
School: School of Economics
Course Outline: ECON3202 Course Outline
Campus: Sydney
Career: Undergraduate
Units of Credit: 6
EFTSL: 0.12500 (more info)
Indicative Contact Hours per Week: 3
Enrolment Requirements:
Prerequisite: ECON1202
CSS Contribution Charge: 2 (more info)
Tuition Fee: See Tuition Fee Schedule
Further Information: See Class Timetable
Description
Mathematical tools are an important part of theoretical economic analysis. This course gives students a working knowledge of static and dynamic optimisation techniques applied in economics. Topics include classical optimisation with and without constraints, comparative statics, non-linear programming, differential equations, and optimal control. Knowing these tools will equip students to solve complex economic models. All mathematical techniques are illustrated with mainstream theoretical applications such as consumer theory and the neoclassical theory of optimal growth.