ECON3272 Intermediate Mathematics for Economists

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • Level 3 core unit in the Professional Economics major sequence
  • Level 3 option in the Economics major sequence
  • The area of knowledge for this unit is Management and Commerce
  • Category B broadening unit for students
  • Level 3 elective
Content
This unit covers topics in linear algebra and calculus with their applications in economics and finance, matrix operations, linear simultaneous equation models, quadratic forms, and unconstrained and constrained optimisation. Applications include consumer and producer behaviour, linear macroeconomic models, and topics in statistics and econometrics. The unit is recommended to students who plan to work as economic or financial analysts, or who wish to do graduate studies in economics and finance.
Outcomes
Students are able to (1) explain key concepts in mathematics, including the method of deductive reasoning and the concept of a mathematical proof; (2) use mathematical tools for economic analysis and in economic modelling; (3) identify and utilise software to solve problems numerically; and (4) engage in teamwork to solve mathematical problems with an economic application.
Assessment
Indicative assessments in this unit are as follows: (1) tutorial assignments; (2) computing assignments; and (3) final examination. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Dr Luciana Fiorini
Unit rules
Prerequisites:
ECON2271 Business Econometrics; for pre-2012 courses: STAT1520 Economic and Business Statistics;
or
equivalent
Incompatibility:
ECON2272 Intermediate Mathematics for Economists
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
Unit Outline
Semester 1_2019 [SEM-1_2019]
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.