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| Module Availability |
All year
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module Mark (%)
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| 2.5 Hour Examination |
70%
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| Coursework |
30%
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Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module.
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| 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.
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| Prerequisites/Co-requisites |
| None |
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| 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
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| 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
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| 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
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| Methods of Teaching/Learning |
| Lectures (36 hrs) and classes (12 hrs) |
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| 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 |
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| Last Updated |
28 September 2010
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