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Business and Financial Mathematics (7547.4)

Level: Level 2 - Undergraduate Intermediate Unit
Credit Points: 3
HECS Bands: 2, 4
Faculty: Faculty of Education, Science, Technology & Maths
Discipline: Academic Program Area - Maths & Technology

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    Syllabus

    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.

    Learning Outcomes

    DESCRIPTION:

    1. competence with the underlying mathematical methods.

    2. understanding of the models covered.

    3. ability to apply this understanding to concrete computer implementation.

    Contact Hours

    3 hrs per week F2F

    Prerequisites

    ACT College Mathematics Applications, or NSW Year 12 General Mathematics.

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