Business and Financial Mathematics (7547.4)
|Level:||Level 2 - Undergraduate Intermediate Unit|
|HECS Bands:||2, 4|
|Faculty:||Faculty of Education, Science, Technology & Maths|
|Discipline:||Academic Program Area - Maths & Technology|
This unit will introduce fundamental mathematical methods in commerce and economics, such as matrices and calculus. The mathematics is motivated by being applied to finance, economics and data-fitting. Specific models in finance (such as valuation of cash-flow streams, and annuities) and in economics (such as input-output models) will be developed. Students will learn how to implement certain of these models using spreadsheets.
1. competence with the underlying mathematical methods.
2. understanding of the models covered.
3. ability to apply this understanding to concrete computer implementation.
3 hrs per week F2F
ACT College Mathematics Applications, or NSW Year 12 General Mathematics.