Postgraduate Coursework Units of Study

ECON6003 - Mathematical Methods of Econ Analysis

Semester 1, 2011  |  Credit Points: 6

Coordinator: Vladimir Smirnov

Description

This unit is an introduction to mathematical economics. It has three purposes. First, to introduce students to the mathematical concepts and methods that are central to modern economics. Second, to give a set of economic applications of the mathematical methods. Third, to develop the students' ability to formulate logical arguments with the degree of precision and rigour demanded in modern economics. The mathematical topics covered include introductory analysis and topology, convex analysis, linear algebra, calculus of functions of several variables, optimisation, and introduction to dynamic programming and dynamical systems. The particular economic applications presented may vary from year to year, but usually include demand theory, production theory, and growth theory.

Assessments

Assignments (10%); 1x Mid-semester exam (30%); Final exam (60%).

Classes

1x 3hr seminar per week

Prerequisites

ECON5001 and ECON5002

Additional Information

Students enrolled in award courses other than the Master of Economics must seek written permission from the Chair of the Discipline of Economics to enrol in this unit.

The information displayed above is indicative only as online information is subject to change without notice. The Faculty Handbook and the University of Sydney Calendar are the official legal source of information relating to study at the University of Sydney