Course overview
Together with MATHS 1010 Applications of Quantitative Methods in Finance I, this course provides an introduction to the basic mathematical concepts and techniques used in finance and business, highlighting the inter-relationships of the mathematics and developing problem solving skills with a particular emphasis on financial and business applications. Topics covered are: polynomial, exponential and logarithmic functions; limits, sequences, interest rates and annuities; linear equations, matrices and determinants; Leontief economic models; optimisation (linear programming).
Course learning outcomes
- Demonstrate understanding of basic concepts in linear algebra, relating to linear equations, matrices, and optimization
- Demonstrate understanding of concepts relating to functions and annuities
- Employ methods related to these concepts in a variety of financial applications
- Apply logical thinking to problem solving in context
- Use appropriate technology to aid problem solving
- Demonstrate skills in writing mathematics