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ETC2440 - Mathematics for economics and business

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Leader(s): Associate Professor Ralph Snyder and Mr John Stapleton


Clayton Second semester 2009 (Day)


This unit introduces mathematical techniques that are invaluable tools for econometrics, economics, finance, and business. Topics covered include: matrix algebra; linear simultaneous systems; Eigen values and singular value decompositions; optimisation, including the Lagrange multiplier method; partial differentiation; multiple integration; difference and differential equations. Some emphasis will be given to the use of computer programs for performing matrix calculations and symbolic manipulation.


Within semester assessment: 40%
Examination (2 hours): 60%

Contact hours

Two 1-hour lectures and one 2-hour tutorial per week




ECC2400, ETF2700

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