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2010/1 Module Catalogue
 Module Code: ECOM011 Module Title: PRELIMINARY QUANTITATIVE METHODS
Module Provider: Economics Short Name: EC670
Level: M Module Co-ordinator: KIM Y Dr (Economics)
Number of credits: 0 Number of ECTS credits: 0
 
Module Availability

Autumn

Assessment Pattern
Unit(s) of Assessment

Weighting Towards Module
Mark (%)

Test in week 2 of the Autumn Semester

100


Qualifying Condition(s)
A mark of 50% is required to pass the module
Module Overview

The main objective of this module is to revise, or where appropriate introduce. These topics in mathematics relevant to the study of economics. In addition, the module will demonstrate the relevance and the power of mathematical tools in the process of structuring economic theory and the conduct of formal analysis.

Prerequisites/Co-requisites

None

Module Aims

This module aims to familiarise students with conceptual and appropriate mathematical tools in economics

Learning Outcomes

On successful completion of this module you will:

  • Have mastered the techniques of differentiation and integration for a wide range of functions
  • Be able to structure economics concepts in mathematical format
  • Be proficient at solving optimization problems
  • Be competent in the techniques of matrix algebra

     

 

 

 

Module Content

The following is an indication of the likely topics to be covered:

  • Functions, including the exponential and natal of functions
  • Differentiation, comparitive-static analysis, optimization
  • Integration, Mark Algebra
  • Differential Equation

     

     

     

     

  • Methods of Teaching/Learning
    Lectures (20 hrs)
    Readings using lecturers guidance
    Preparing exercises
    Responding to questions in class
    Preparing and taking part in the test

     

    Selected Texts/Journals
    Hoy Michael et al (2001) Mathematics for Economics, The MIT Press
    Chiang and Wainwright (2005), Fundamental Methods of Mathematical Economics, 4th ed. (or earlier edit) McGraw Hill

     

    Last Updated

    28 September 2010