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2010/1 Module Catalogue
 Module Code: ECO1013 Module Title: MATHEMATICS FOR ECONOMICS
Module Provider: Economics Short Name: EC106A
Level: HE1 Module Co-ordinator: WALL JR Mr (Economics)
Number of credits: 20 Number of ECTS credits: 10
Module Availability

All year

Assessment Pattern

Unit(s) of Assessment

Weighting Towards Module Mark (%)

2.5 Hour Examination




Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module.

Module Overview
This module seeks to provide the necessary mathematical skills essential for those second and final year modules that are mathematical in nature. It will demonstrate the role mathematics plays in the formulation of economic theory and subsequent analysis.
Module Aims
  • To enable students to transform economic models into mathematical format
  • To develop mathematical manipulation skills in the search for a solution
  • To develop ability in the interpretation of mathematical solutions in an economic context
Learning Outcomes

By the end of the module students will:-

  • Understand the role mathematics plays in the representation and analysis of economic theory
  • Be proficient at obtaining derivatives and integrals for a wide range of functions
  • Be able to structure economic and finance problems in mathematical format and solve where appropriate
Module Content
The following is an indication of the topics to be covered:-
  • Mathematical foundations including linear and quadratic equations
  • Differential calculus, including multivariate calculus
  • Intergral calculus
  • Optimisation - unconstrained and constrained
  • Series and financial maths
Methods of Teaching/Learning
Lectures (36 hrs) and classes (12 hrs)
Selected Texts/Journals
Chiang, A C & Wainwright, K, Fundamental Methods of Mathematical Economics, 4th edition, McGraw Hill, 2005. 
Jacques, I, Mathematics for Economics and Business, 6th edition, Prentice-Hall, 2009.
Renshaw, G, Maths for Economics, 2nd edition, OUP, 2009
Last Updated

28 September 2010