Mathematics for Economists (ECON40017)
HonoursPoints: 12.5On Campus (Parkville)
About this subject
Contact information
Semester 1
Overview
| Availability | Semester 1 |
|---|---|
| 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 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;
- prove relevant optimisation theorems;
- set up and solve optimal control problems;
- set up and solve dynamic programming problems
Generic skills
On successful completion of this subject, students should have improved the following 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: 4 March 2025
Eligibility and requirements
Prerequisites
Admission into or selection of one of the following:
- BH-COM Bachelor of Commerce (Degree with Honours)
- Economics specialisation (formal) in the BH-ARTS Bachelor of Arts (Degree with Honours)
AND
One of
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ECON40001 | Advanced Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
| ECON90002 | Microeconomics | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
None
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: 4 March 2025
Assessment
| Description | Timing | Percentage |
|---|---|---|
Problem set
| Week 5 | 10% |
Mid-semester test
| Week 7 | 20% |
Problem set
| Week 10 | 10% |
Class participation | Throughout the semester | 10% |
End-of-semester examination
| During the examination period | 50% |
Last updated: 4 March 2025
Dates & times
- Semester 1
Principal coordinator Georgy Artemov Mode of delivery On Campus (Parkville) Contact hours One 90-minute lecture and one 90-minute workshop per week Total time commitment 170 hours Teaching period 3 March 2025 to 1 June 2025 Last self-enrol date 14 March 2025 Census date 31 March 2025 Last date to withdraw without fail 9 May 2025 Assessment period ends 27 June 2025 Semester 1 contact information
Time commitment details
170 hours
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 4 March 2025
Further information
- Texts
Last updated: 4 March 2025