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Business and Financial Mathematics G (8939.2)

Level: Graduate Level
Credit Points: 3
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. This mathematics is motivated by being applied to finance, economics and data-fitting. Specific models in finance (such as valuation of cash-flow steams, and annuities) and in economics (such as input-output model) will be developed. Students will learn how to implement certain of these models using spread-sheets. This unit is co-taught with unit 7547 Business and Financial Mathematics.

    Learning Outcomes

    On completion of this unit, students will be able to:

    1. demonstrate expertise with the underlying mathematical methods;

    2. demonstrate competence with Excel functions' library;

    3. demonstrate understanding and competence with the financial models covered;

    4. apply and develop this understanding to concrete computer implementation.

    Contact Hours

    3 hrs per week F2F.





    Assumed Knowledge

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

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