Area: |
Department of Mathematics and Statistics |
Credits: |
25.0 |
Contact Hours: |
4.0 |
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| ** 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. ** |
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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
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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. |
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| ** 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. ** |
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Field of Education: |
10100 Mathematical Sciences (Narrow Grouping) |
HECS Band (if applicable): |
2 |
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Extent to which this unit or thesis
utilises online information: |
Not Online |
Result Type: |
Grade/Mark |
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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. |
