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Mathematics 123 - MATH123

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.

Credit Points: 3
When Offered:

S1 Day - Session 1, North Ryde, Day

S2 Day - Session 2, North Ryde, Day

Staff Contact(s): Mathematics staff



NCCW(s): HSC Mathematics Band 5, HSC Mathematics Extension 1 Band E3, HSC Mathematics Extension 2 Band E2, MATH130-MATH388 (if completed previously to or concurrently with MATH123), WMAT123
Unit Designation(s):


Unit Type: Planet unit
Assessed As: Graded
Offered By:

Department of Mathematics

Faculty of Science and Engineering

Course structures, including unit offerings, are subject to change.
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