Overview

The unit will cover the main mathematical concepts and techniques used in economics. Applications in microeconomics and macroeconomics will be discussed. The emphasis will be on explaining the different ways in which the notions of equilibrium and optimality are used in economics.

Offerings

S2-01-CLAYTON-ON-CAMPUS

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Dr Birendra Rai

Unit Coordinator(s)

Dr Birendra Rai

Learning outcomes

On successful completion of this unit, you should be able to:
1.

develop the ability to read and understand the mathematics used in economics

2.

develop the ability to formulate an economic question as a mathematical problem

3.

learn to apply basic optimisation techniques.

Teaching approach

Problem-based learning
Active learning

Assessment

1 - Within semester assessment
2 - Examination

Scheduled and non-scheduled teaching activities

Lectures
Tutorials

Workload requirements

Workload