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
Requisites
Prerequisite
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