This unit provides students with a variety of quantitative techniques that help them to analyse problems from the modern economic practice to everyday life. The unit also assists business/economics students to acquire necessary quantitative knowledge and techniques that are required in their subsequent studies in economics at UTAS. The unit delivers the mathematical techniques with emphasis on applications in economics, for example, consumers utility maximization and firms profit maximization.
|Unit name||Quantitative Economic Analysis|
|Faculty/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Economics and Finance|
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
- International students
- Domestic students
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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.
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|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.
- LO1: Use quantitative techniques appropriate for the analysis of issues and problems in economics.
- LO2: Use economic modelling to analyse real world problems and human behaviour.
- LO3: Interpret and communicate output from quantitative models.
|Band||CSP Student Contribution||Full Fee Paying (domestic)||Field of Education|
|2||2020: $1,190.00||2020: $2,402.00||010103|
Fees for next year will be published in October. The fees above only apply for the year shown.
Please note: international students should refer to this page to get an indicative course cost.
You must complete one of the following prerequisites prior to attempting BEA142:
- TCE MTG315115 General Mathematics, TCE MTA315109 Mathematics Applied, or TCE MTM315114 Mathematics Methods.
- OR a bridging mathematics unit (either UPP075, XAB090, BEA109, or EUS013 AND EUS014).
- OR a higher level Mathematics subject.
- OR equivalent studies as accepted by the Tasmanian School of Business and Economics.
You cannot enrol in this unit as well as the following:
1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.
In-tutorial tests (15%), Mid-semester exam (25%), Final exam (60%).
|Timetable||View the lecture timetable | View the full unit timetable|
Jacques, Ian 2018, Mathematics for Economics and Business, Ninth Edition, Pearson, London.
This market leading text teaches the basic mathematical skills required in undergraduate economics and finance. It has a friendly and informal style that breaks down topics into short sections making each new technique you learn seem less daunting. It offers you the chance at every opportunity to stop and check your understanding by working through the practice problems; you can relax and learn at your own pace.
A brand new online learning resource, MyMathLab is available for this edition. A kit that enables you to register for 12 months access to resources is attached to each copy of the textbook. It is an online study and testing resource that generates a personalized study plan and provides extensive practice questions exactly where you need it.
See the Getting Started with MyMathlab section in the introduction for information on how to register and start using the resources.
The previous edition of this book was the prescribed text for this unit in the past. Second hand copies may be purchased as an imperfect substitute. It covers the material in a similar way, but has less guided solutions, practice problems and does not come with access to MyMathlab.
The University reserves the right to amend or remove courses and unit availabilities, as appropriate.