10815 (v.3) Economic Techniques 102

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Area:	School of Economics and Finance
Credits:	25.0
Contact Hours:	4.0
Lecture:	1 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Laboratory:	1 x 1 Hours Weekly
Syllabus:	Graphs and functions used in economics and finance theory, equation systems and market equilibrium, differential calculus and marginal concepts in economics and finance, unconstrained minimisation and maximisation by economic agents, constrained minimisation and maximisation subject to equality constraints by economic agents, the usefulness of these concepts and techniques illustrated by applications to problems in economics and finance.
Unit Outcomes:	On completion of this unit, students will have: an understanding of economics, finance and business problem solving. Developed a set of useful mathematical skills.
Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.
Unit References:	Dowling, E.T. (1992) Introduction to Mathematical Economics. Second Ed, New York, McGraw-Hill. Jacques, I. (1995) Mathematics for Economics and Business. Wokingham, Addison-Wesley. Mathis, S. and Siegel, L. (1993) Quantitative Toolkit for Economicsand Finance. Miami, Kolb Publishing Company. Rosser, M. (1993) Mathematics for Economists. London, Routledge. Shannon, J. (1995) Mathematics for Business, Economics and Finance. New York, John Wiley and Sons . Wilkes, M. (1999) Mathematics for Business, Finance and Economics. Second Edition. Boston, International Thompson Business Press. Wisniewski, M. (1996) Introductory Mathematical Methods in Economics. Second Edition. New York McGraw-Hill.
Unit Texts:	Bradley, T.B. and Patton, P. (1998) Essential Mathematics for Economics and Business.Chitchester, John Wiley and Sons. Excluding Chapter 8 and Chapter 10.
Unit Assessment Breakdown:	Final Examination 60 %, Mid-term Test 15%, Participation (Tutorials/Laboratories) 10%, Professional Skills Project 5 %, Take-home Assignment 10 %. This is by grade/mark assessment.
Year Location Period Internal Area External Central External 2004 Bentley Campus Semester 1 Y   Y 2004 Bentley Campus Semester 2 Y     2004 Bentley Campus Summer Period Y     2004 Joondalup Campus Semester 1 Y     2004 Joondalup Campus Semester 2 Y     2004 Metro College Malaysia Semester 1 Y     2004 Metro College Malaysia Semester 2 Y     2004 Metro College Malaysia Summer Period Y     2004 Miri Sarawak Campus Semester 1 Y     2004 Miri Sarawak Campus Summer Period Y     2004 Mktg Inst of S'pore Trimester 1A Y