0 points, SCA Band 3, 0.000 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
- First semester 2018 (On-campus)
This unit introduces mathematical techniques that are invaluable tools for econometrics, economics, finance, and business. Topics covered include matrix algebra, linear simultaneous equations and the LU decomposition, eigenvalues and the Schur decomposition, random vectors; optimisation, including the Lagrange multiplier method, partial differentiation, multiple integration, difference and differential equations. Some emphasis will be given to the use of computer programs for performing matrix calculations.
The learning goals associated with this unit are to:
- provide a practical training in basic mathematics needed for the study of econometrics
- examine the calculus of many variables and its application in econometrics and business statistics
- introduce matrix algebra
- provide a training in the use of mathematical software.
Within semester assessment: 40% + Examination: 60%