INTRODUCTION TO QUANTITATIVE ANALYSIS
ECO2IQA
2019
Credit points: 15
Subject outline
In Quantitative Analysis, you will understand how to use and interpret mathematical tools along with their various applications in economics, finance and business. You will learn about number systems, functions, linear equations, non-linear equations, linear algebra, univariate differential calculus, multivariate differential calculus, unconstrained optimisation and equality-constrained optimisation; with each illustrated using applications from economics, finance and business studies. You will have studied some mathematics at VCE (or equivalent) and be confident in applying that mathematics.
School: La Trobe Business School
Credit points: 15
Subject Co-ordinator: Joanna Poyago-Theotoky
Available to Study Abroad Students: Yes
Subject year level: Year Level 2 - UG
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: N/A
Co-requisites: N/A
Incompatible subjects: ECO1IQN
Equivalent subjects: ECO1IQN
Special conditions: If you have not done VCE Maths then it is advised to seek some additional tutorial support to succeed in this subject.
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Essential mathematics for economics and business (fourth edition) | Prescribed | Bradley, Teresa | JOHN WILEY AND SONS GREAT BRITAIN 2013 (4th Edition) |
| Readings | Any good high school mathematics textbook | Preliminary | TBA | N/A |
Graduate capabilities & intended learning outcomes
01. Demonstrate proficiency with functions such as the exponential and polynomial
- Activities:
- Lecture and tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
02. Solve and manipulate equations and systems of equations
- Activities:
- Lecture and tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
03. Solve systems of linear equations using matrices and determinants
- Activities:
- Lecture and tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Use derivative calculus (partial and total derivatives, rules of differentiation, higher order derivatives) to solve problems involving both univariate and multivariate functions
- Activities:
- Lecture and tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
05. Be proficient in optimization theory to solve both unconstrained and constrained optimization problems
- Activities:
- Lecture and tutorials
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
Melbourne, 2019, Semester 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Joanna Poyago-Theotoky
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 11 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 11 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One 3-hour final examination | 2,500 word equivalent | 60 | 01, 02, 03, 04, 05 |
| One assignment | 1,500 word equivalent | 30 | 01, 02, 03, 04, 05 |
| Tutorial attendance/participation | 500 word equivalent | 10 | 01, 02, 03, 04, 05 |
Sydney, 2019, Study Period 1, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Joanna Poyago-Theotoky
Class requirements
LectureWeek: 10 - 22
One 2.0 hours lecture per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
TutorialWeek: 10 - 22
One 1.0 hours tutorial per week on weekdays during the day from week 10 to week 22 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One 3-hour final examination | 2,500 word equivalent | 60 | 01, 02, 03, 04, 05 |
| One assignment | 1,500 word equivalent | 30 | 01, 02, 03, 04, 05 |
| Tutorial attendance/participation | 500 word equivalent | 10 | 01, 02, 03, 04, 05 |
Sydney, 2019, Study Period 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Joanna Poyago-Theotoky
Class requirements
LectureWeek: 31 - 42
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
TutorialWeek: 31 - 42
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 42 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One 3-hour final examination | 2,500 word equivalent | 60 | 01, 02, 03, 04, 05 |
| One assignment | 1,500 word equivalent | 30 | 01, 02, 03, 04, 05 |
| Tutorial attendance/participation | 500 word equivalent | 10 | 01, 02, 03, 04, 05 |
Sydney, 2019, Study Period 3, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Su Nguyen
Class requirements
LectureWeek: 46
One 2.0 hours lecture per week on weekdays during the day in week 46 and delivered via face-to-face.
TutorialWeek: 46
One 1.0 hours tutorial per week on weekdays during the day in week 46 and delivered via face-to-face.
Assessments
| Assessment element | Comments | % | ILO* |
|---|---|---|---|
| One 3-hour final examination | 2,500 word equivalent | 60 | 01, 02, 03, 04, 05 |
| One assignment | 1,500 word equivalent | 30 | 01, 02, 03, 04, 05 |
| Tutorial attendance/participation | 500 word equivalent | 10 | 01, 02, 03, 04, 05 |