302286 (v.1) Mathematical Modelling 102

Area:

Department of Mathematics and Statistics

Credits:

25.0

Contact Hours:

4.0

** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **

Lecture:

3 x 1 Hours Weekly

Tutorial:

1 x 1 Hours Weekly

Prerequisite(s):

7062 (v.6) Mathematics 101 or any previous version
AND
302283 (v.3) Mathematical Modelling 101 or any previous version

Syllabus:

Financial Modelling - equilibrium analysis, interest functions, annuities, bonds, loan repayments, forecasting, marginalism, input-output models. Maintenance, Replacement and Reliability Models - optimal equipment maintenance/replacement cycles, reliability analysis with applications in system design and testing. Difference Equations - modelling and solution of linear difference equations. Case Studies - Examples will be chosen from a variety of areas including industry, technology and sport.

** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **

Field of Education:

10100 Mathematical Sciences (Narrow Grouping)

HECS Band (if applicable):

Extent to which this unit or thesis
utilises online information:

Not Online

Result Type:

Grade/Mark

Availability

Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.