BSc International Business, Finance and Economics with Industrial/Professional Experience

Year of entry: 2020

Course unit details:
Introduction to Mathematical Economics

Unit code ECON20192
Credit rating 10
Unit level Level 1
Teaching period(s) Semester 2
Offered by Economics
Available as a free choice unit? Yes

Overview

Prepare Students for the study of intermediate and advanced topics in Mathematical Economics. This unit is to introduce students to those mathematical techniques that are required in the study of advanced economic theory

By the end of the course students will have

Understand the concepts of proof and counter example

Expanded mathematical toolbox for mathematical economics

Pre/co-requisites

Unit title Unit code Requirement type Description
Advanced Mathematics ECON10071 Pre-Requisite Compulsory
Advanced Mathematics ECON20071 Co-Requisite Compulsory
ECON20192 Pre-requisites: ECON10071 or ECON20071

Aims

Prepare Students for the study of intermediate and advanced topics in Mathematical Economics. This unit is to introduce students to those mathematical techniques that are required in the study of advanced economic theory.

Learning outcomes

By the end of the course, you will:

  1. Understand the concepts of proof and counter example.
  2. Have expanded your mathematical toolbox for mathematical economics.

 

Syllabus

 Sequences, limits, and sets. Open, closed, and compact sets

Continuity and differentiability

Concavity and quasi-concavity

Constrained optimization with many inequality constraints, Lagrangian methods, and applications to economics.

Teaching and learning methods

The learning and teaching process centres on two key forms of delivery, lectures, tutorials and exercise classes, and the material provided through Blackboard.

 

Employability skills

Analytical skills
Problem solving

Assessment methods

70% Exam

15% Coursework

15% Coursework

 

Feedback methods

 ECON10071 Adv Maths

 

Recommended reading

Simon, C. and Blume, L. (2010) Mathematics for Economists, International Student Edition, Norton, NY.

Study hours

Independent study hours
Independent study 0

Teaching staff

Staff member Role
Christopher Wallace Unit coordinator

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