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BSc International Business, Finance and Economics / Course details
Year of entry: 2022
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Course unit details:
Introduction to Mathematical Economics
|Unit level||Level 2|
|Teaching period(s)||Semester 2|
|Available as a free choice unit?||Yes|
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
|Unit title||Unit code||Requirement type||Description|
ECON10071 OR ECON20071
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, you will:
- Understand the concepts of proof and counter example.
- Have expanded students mathematical toolbox for mathematical economics.
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
Online Learning and Guided Self-Study
- Analytical skills
- Problem solving
Simon, C. and Blume, L. (2010) Mathematics for Economists, International Student Edition, Norton, NY.
|Independent study hours|
|Horst Zank||Unit coordinator|
For every 10 course unit credits we expect students to work for around 100 hours. This time generally includes any contact times (online or face to face, recorded and live), but also independent study, work for coursework, and group work. This amount is only a guidance and individual study time will vary