units

ETC2440

Faculty of Business and Economics

18 January 2012 13 February 2012

Undergraduate - Unit

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

LevelUndergraduate
FacultyFaculty of Business and Economics
OfferedClayton First semester 2012 (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.

Outcomes

The learning goals associated with this unit are to:

  1. provide a practical training in basic mathematics needed for the study of econometrics
  2. examine the calculus of many variables and its application in econometrics and business statistics
  3. introduce matrix algebra
  4. 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

4 hours per week

Prerequisites

ETC1000

Prohibitions

ECC2440, ETF2700