Unit convenor and teaching staff 
Unit convenor and teaching staff
Lecturer
Ross Moore
Contact via ross.moore@mq.edu.au
12 Wally's Walk (E7A 733)
TBA
Convener
Christopher Gordon
Contact via chris.gordon@mq.edu.au
12 Wally's Walk (E7A 614)
Monday 12pm  1pm


Credit points 
Credit points
3

Prerequisites 
Prerequisites

Corequisites 
Corequisites

Cobadged status 
Cobadged status

Unit description 
Unit description
This unit introduces students to a range of mathematical techniques from algebra and calculus. Its focus is on the modern application of these ideas, with a particular emphasis on applications to problems in economics, business and finance, and provides a sound mathematical basis for further study in these areas. Topics include algebra relevant to basic financial mathematics, the development of the techniques of differentiation and integration with applications to constrained and unconstrained optimisation, including multivariable cases, and the development and application of a variety of useful approximation techniques. A key focus of the unit is the development of a clear understanding of the role that mathematics plays in modern society, and the development of a sound grasp of how mathematics is used to provide sophisticated modelling of complex real problems.
While the mathematical content of this unit has considerable overlap with the mathematical content of MATH130, the flavour with which the material is presented is such that this unit is the appropriate choice for economics, business and finance students, while students who wish to pursue study in science will be better served by studying MATH130. 
Information about important academic dates including deadlines for withdrawing from units are available at http://students.mq.edu.au/student_admin/enrolmentguide/academicdates/
HURDLES: This unit has no hurdle requirements. This means that there are no second chance examinations and assessments if you happen to fail at your first attempt, and your final grade is determined by adding the marks obtained for your examinations and assessments. Students should aim to get at least 60% for the course work in order to be reasonably confident of passing the unit.
IMPORTANT: If you apply for Disruption to Study for your final examination, you must make yourself available for the week of December 11 – 15, 2017. If you are not available at that time, there is no guarantee an additional examination time will be offered. Specific examination dates and times will be determined at a later date.
Name  Weighting  Hurdle  Due 

Group work video  10%  No  See iLearn 
Assignments  30%  No  see iLearn 
Final examination  40%  No  University Examination Period 
Post tute  20%  No  See iLearn 
Due: See iLearn
Weighting: 10%
Group assignment where a vodcast is created.
Due: see iLearn
Weighting: 30%
Three assignments, each having a weight of 10%.
Due: University Examination Period
Weighting: 40%
Final examination
Due: See iLearn
Weighting: 20%
Complete posttute assessment on a weekly basis.
Lectures: you should attend two hours of each lecture stream each week, making a total of four hours.
Tutorials: you should attend one tutorial each week.
Workshops: available for students wanting to see more examples and ask further questions. Attendance is strongly recommended.
The main text for this unit is:
Mavron, et al, Mathematics for Economics and Finance, Springer.
It can be found here. The book can be downloaded when using an academic internet connection, such as using your student login details at university.
There are a variety of texts that cover the content of the unit:
There are many books in the library with similar content.
The following texts are also useful for this unit, and are available from the COOP Bookshop on campus, and are in the Library.
Students are expected to have access to an internet enabled computer with a web browser and Adobe Reader software. Several areas of the university provide wireless access for portable computers. There are computers for student use in the Library.
In order to complete the group work video assessment task, students will need access to a device capable of recording video and audio, such as a smartphone or computer with a webcam. Students who do not have access to such devices will be assisted in joining a group that does.
Difficulties with your home computer or internet connection do not constitute a reasonable excuse for lateness of, or failure to submit, assessment tasks.
WEEK  BEGINNING  CALCULUS  ALGEBRA  TASK DUE 

1  31/7/2017  Graphs  Order of operations, decimals, Fractions, real numbers  
2  7/8/2017  The XY plane  Expansions and Factorisation  
3  14/8/2017  Derivatives  Powers, Linear equations  
4  21/8/2017  Marginals, Tangents and Normals  Linear and Quadratic equations  
5  28/8/2017  Maxima and Minima  Linear and Quadratic equations  
6  4/9/2017  Optimization  Exponential and logarithmic functions  
7  11/9/2017  Integration  Exponential and logarithmic functions  
8  2/10/2017  Exponentials, Logs, and Lagrange Multipliers  Inequalities, absolute value  
9  9/10/2017  Lagrange Multipliers  Progressions: arithmetic and geometric  
10  16/10/2017  Newton's Method  Applications of GPs to finance  
11  23/10/2017  Numerical Integration  Matrices  
12  30/10/2017  Differential Equations  Matrices and Linear Equations  
13  6/11/2017  Revision Revision 
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy_2016.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Complaint Management Procedure for Students and Members of the Public http://www.mq.edu.au/policy/docs/complaint_management/procedure.html
Disruption to Studies Policy (in effect until Dec 4th, 2017): http://www.mq.edu.au/policy/docs/disruption_studies/policy.html
Special Consideration Policy (in effect from Dec 4th, 2017): https://staff.mq.edu.au/work/strategyplanningandgovernance/universitypoliciesandprocedures/policies/specialconsideration
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
For all student enquiries, visit Student Connect at ask.mq.edu.au
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.
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This graduate capability is supported by: