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.