USYD

Semester 1, 2018


AREC2001 - SUMMARISED HD NOTES AND ASSESSMENT PREPARATION TEMPLATE

26 pages

9,500 words

$34.00

Description

These notes are for AREC2001

This document contains summarised notes of lectures week 1 to 13 inclusive. The unit has two assignments instead of a mid semester exam. Which the content provided in these notes, I received 20/20 for both, and went into the final exam on 100%. To help you, additional to summarise lecture notes, I have also included my personal explanation to the concepts tested in the assignments, in hope it could assist with yours. I would suggest paying close attention to these concepts as they also composed 30% of the final exam. I would also give attention to the one input/ one output section, as that was heavily examined too. I have gone into additional depth for these two sections as I believe they will help you the most.

In the preview, I have included:
- Document Table of Contents
- Snippet from Lecture 3: One Input/ One Output
- Snippet from Lecture 8: Multiple Inputs/ Two Outputs
- Snippet from Assignment Prep section

Topic List is the following:
Introduction
One Input/ One Output
Cost Functions And Their Properties (Duality)
Multiple Inputs/ One Outputs
Production With Multiple Inputs/ Two Outputs
Assignment Prep
Short Run And Long Run
Fisheries
Forests
Production And Decision Making Under Risk

(see preview for a more detailed topic list)

Good luck in your studies!