Units / ECC1551
ECC1551 · Foundations of mathematical economics
2027 Handbook6 credit pointsLevel 1Department of Economics
Overview
Mathematics is the language of economic reasoning, and fluency in that language requires more than the ability to execute procedures. In this unit you will develop mathematical understanding through a mix of conceptual and application based study of the two fundamental objects of mathematical economics: sets and functions. It covers the structure of sets, the properties of mappings between them, and the key properties of functions. By focusing on transferable habits like pattern recognition, classification, and generalisation, you will be equipped to formulate, solve, and critically interpret problems across a broad range of economic contexts.
Offerings
| Campus | Teaching period | Mode |
|---|---|---|
| Clayton | Second semester | Teaching activities are on-campus (ON-CAMPUS) |
Assessment
The Handbook lists an examination for this unit.
| # | Assessment | Type | Weight | Hurdle |
|---|---|---|---|---|
| 1 | 1 - Quiz / Test | Quiz / Test | 20% | — |
| 2 | 2 - Written | Written | 40% | — |
| 3 | 3 - Examination | Examination | 40% | — |
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Requisites
The Handbook lists no prerequisite, corequisite or prohibition for this unit.
Learning outcomes
- understand the grammar of mathematical writing;
- identify the relevant sets and the functions in a mathematical economics problem;
- use the logical structure of if-then statements to understand and use mathematical definitions and results;
- formulate and solve a variety of mathematical economics problems;
- recognise common patterns across contexts and apply the relevant solution methods.
Workload
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
| Activity | Duration |
|---|---|
| Workshops | 24 hours |
| Applied sessions | 22 hours |
| Assessments | 2 hours |
Ask about ECC1551
Answered from the Handbook fields above — no AI, no guessing. Every answer links back to the source.
Community discussions about ECC1551
CommunityStudent experience, not official rules. Nothing here changes what the Handbook says.