units

ETC2440

Faculty of Business and Economics

Skip to content | Change text size
 

print version

Monash University Handbook 2010 Undergraduate - Unit

6 points, SCA Band 3, 0.125 EFTSL

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedClayton First semester 2010 (Day)
Coordinator(s)Associate Professor Ralph Snyder and Mr John Stapleton

Synopsis

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, random vectors; 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.

Objectives

The learning goals associated with this unit are to:

  • provide a practical training in basic mathematics needed for the study of econometrics
  • examine the calculus of many variables and its application in econometrics and business statistics
  • introduce matrix algebra
  • provide a training in the use of mathematical software.

Assessment

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

Chief examiner(s)

Ralph Snyder

Contact hours

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

Prerequisites

ETC1000

Prohibitions

ECC2440, ETF2700