Unit convenor and teaching staff 
Unit convenor and teaching staff
Lecturer
Gerry Myerson
Contact via gerry.myerson@mq.edu.au
12 Wally's Walk (E7A 733)
Convener
Christopher Gordon
Contact via chris.gordon@mq.edu.au
12 Wally's Walk (E7A 614)
Christopher Gordon


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. 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 July 24 – 28, 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%  See iLearn  
Assignments  30%  see iLearn  
Final examination  40%  No  University Examination Period 
In tute  20%  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 intute 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 a similar orientation.
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  27/2/2017  Graphs  Order of operations, decimals, Fractions, real numbers  
2  6/3/2017  The XY plane  Expansions and Factorisation  
3  13/3/2017  Derivatives  Powers, Linear equations  
4  20/3/2017  Marginals, Tangents and Normals  Linear and Quadratic equations  
5  27/3/2017  Maxima and Minima  Linear and Quadratic equations  
6  3/4/2017  Optimization  Exponential and logarithmic functions  
7  10/4/2017  Integration  Exponential and logarithmic functions  
8  1/5/2017  Exponentials, Logs, and Lagrange Multipliers  Inequalities, absolute value  
9  8/5/2017  Lagrange Multipliers  Progressions: arithmetic and geometric  
10  15/5/2017  Newton's Method  Applications of GPs to finance  
11  22/5/2017  Numerical Integration  Matrices  
12  29/5/2017  Differential Equations  Matrices and Linear Equations  
13  5/6/2017  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.
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt disciplinespecific knowledge to novel situations, and be able to contribute from their discipline to interdisciplinary solutions to problems.
This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
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This graduate capability is supported by:
As local citizens our graduates will be aware of indigenous perspectives and of the nation's historical context. They will be engaged with the challenges of contemporary society and with knowledge and ideas. We want our graduates to have respect for diversity, to be openminded, sensitive to others and inclusive, and to be open to other cultures and perspectives: they should have a level of cultural literacy. Our graduates should be aware of disadvantage and social justice, and be willing to participate to help create a wiser and better society.
This graduate capability is supported by:
We want our graduates to be aware of and have respect for self and others; to be able to work with others as a leader and a team player; to have a sense of connectedness with others and country; and to have a sense of mutual obligation. Our graduates should be informed and active participants in moving society towards sustainability.
This graduate capability is supported by:
Our graduates will have enquiring minds and a literate curiosity which will lead them to pursue knowledge for its own sake. They will continue to pursue learning in their careers and as they participate in the world. They will be capable of reflecting on their experiences and relationships with others and the environment, learning from them, and growing  personally, professionally and socially.
This graduate capability is supported by:
Date  Description 

17/02/2017  Typos corrected in Learning Outcomes, and locations details of staff updated. 