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Mathematics for Economists (ECON90053)
Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Overview
Availability | Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
This subject introduces students to the use of advanced mathematics in economics. After reviewing basic concepts we will study in detail some of the classic existence proofs in game theory and general equilibrium theory. Students will be expected to solve problems and generate proofs, and will be assessed on this.
Intended learning outcomes
On successful completion of this subject students should be able to understand the definitions and fundamental concepts of linear algebra, vector calculus, and real analysis as they relate to studies in advanced economics. They should be able to use these tools to:
- prove relevant optimisation theorems;
- set up and solve optimal control problems;
- set up and solve dynamic programming problems.
Generic skills
High level of development:
- problem solving;
- interpretation and analysis;
- critical thinking.
Moderate level of development:
- oral communication;
- written communication;
- collaborative learning;
- team work;
- application of theory to practice;
- receptiveness to alternative ideas.
Some level of development:
- synthesis of data and other information;
- evaluation of data and other information;
- use of computer software;
- accessing data and other information from a range of sources.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into the MC-COMECO Master of Commerce (Economics)
OR
One of
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40001 | Advanced Microeconomics | Semester 1 (Online) |
12.5 |
ECON90002 | Microeconomics | Semester 1 (Online) |
12.5 |
Corequisites
None
Non-allowed subjects
Code | Name | Teaching period | Credit Points |
---|---|---|---|
ECON40017 | Mathematics for Economists | Semester 2 (Dual-Delivery - Parkville) |
12.5 |
Recommended background knowledge
Prior exposure to real analysis is desirable.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Description | Timing | Percentage |
---|---|---|
Mid-semester test
| Week 7 | 30% |
Problem set
| Week 5 | 10% |
Problem set
| Week 10 | 10% |
End-of-semester examination
| During the examination period | 50% |
Additional details
Important online examination information:
This examination is the equivalent of a 2-hour assessment; however, students are provided with 3-hours to accommodate the time that will be required for typesetting of mathematical expressions and the uploading of documents.
Last updated: 3 November 2022
Dates & times
- Semester 2
Principal coordinator Roberto Raimondo Mode of delivery Dual-Delivery (Parkville) Contact hours One 90 minute lecture and one 90 minute workshop per week Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Commerce (Accounting) Course Master of Commerce (Finance) Course Master of Economics - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022