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Unit of study_
MATH2970: Optimisation and Financial Mathematics Adv
2024 unit information
The content of this unit of study parallels that of MATH2070, but students enrolled at Advanced level will undertake more advanced problem solving and assessment tasks, and some additional topics may be included.
Unit details and rules
Managing faculty or University school:
Mathematics and Statistics Academic Operations
| Code | MATH2970 |
|---|---|
| Academic unit | Mathematics and Statistics Academic Operations |
| Credit points | 6 |
|
Prerequisites:
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[MATH1961 or MATH1971 or (a mark of 65 or above in MATH1061)] or [(MATH19X1 or MATH1906 or (a mark of 65 or above in MATH1021 or MATH1001)) and (MATH1902 or (a mark of 65 or above in MATH1002))] |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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MATH2070 |
| Assumed knowledge:
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MATH19X3 or MATH1907 or a mark of 65 or above in MATH1003 or MATH1023 |
At the completion of this unit, you should be able to:
- LO1. demonstrate familiarity with the concepts in linear programming (standard and non-standard) and simplex algorithm, and apply them to solve concrete problems
- LO2. demonstrate familiarity with the concepts in non-linear optimisation without constraints. Explain how the rule based on Hessian can be used to determine minima and maxima, and apply it to solve concrete problems
- LO3. demonstrate familiarity with the concepts in non-linear optimisation with constraints, and apply suitable methods (Lagrange multipliers and KKT conditions) to solve concrete problems
- LO4. demonstrate understanding of the notions from utility theory and explain the difference between principles of expected return and expected utility. Apply this knowledge to solve practical problems
- LO5. demonstrate a coherent and advanced knowledge of the fundamental concepts in portfolio theory and capital asset pricing model
- LO6. identify, formulate and solve original practical problems that can be addressed using mathematical and computational techniques you learned in this unit.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
Important enrolment information
Additional advice
Students may enrol in both MATH2970 and MATH3975 in the same semester
