ECC2551 · Monash University
Mathematical economics
- Credit points
- 6
- Level
- 2
- Workload
- ≈ 12 h / week
- Faculty
- Business and Economics
What it covers
Economic analysis of human interactions within and beyond markets often relies on mathematical models. The ability to utilize the tools and techniques used to construct and analyse mathematical models is becoming increasingly valuable. You will learn the mathematics necessary to construct and analyse models in various sub-fields of economics such as microeconomics, behavioural economics, game theory, industrial organization, public finance, and macroeconomics. You will learn to use basic concepts of sets, relations, and functions to model problems studied in various sub-fields of economics. The techniques used to find the equilibrium outcomes in both strategic and non-strategic contexts will be covered.
Assessment
| Task | Type | Weight |
|---|---|---|
| 1 - Quiz / Test | Quiz / Test | 20% |
| 2 - Written | Written | 40% |
| 3 - Examination | Examination | 40% |
When and where
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Clayton | On-campus |