Business and Financial Mathematics G (8939.2)
|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.
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.
3 hrs per week F2F.
ACT College Mathematics Applications, or NSW Year 12 General Mathematics.