- UCAS course code
- NN43
- UCAS institution code
- M20
Bachelor of Arts (BAEcon)
BAEcon Accounting and Finance
- Typical A-level offer: AAA including specific subjects
- Typical contextual A-level offer: ABB including specific subjects
- UK refugee/care-experienced offer: BBB including specific subjects
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL, including specific requirements
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Course unit details:
Introduction to Mathematical Economics
| Unit code | ECON20192 |
|---|---|
| Credit rating | 10 |
| Unit level | Level 2 |
| Teaching period(s) | Semester 2 |
| Offered by | Economics |
| Available as a free choice unit? | Yes |
Overview
This course introduces the mathematical tools essential to study advanced topics in economic theory and mathematical economics. First part of the semester is dedicated to studying real analysis concepts relevant to economists. Emphasis is placed on how mathematical results are proved, how to use these results, and studying situations where the results cannot be applied. Rest of the semester is dedicated to applying these tools to study the theorems underlying unconstrained and constrained optimisation. Students will be provided with detailed material through lectures, tutorials, course notes, textbook references, and other resources. Regular feedback is provided through discussion boards and feedbacks from problem sets.
Pre/co-requisites
| Unit title | Unit code | Requirement type | Description |
|---|---|---|---|
| Advanced Mathematics | ECON10071A | Pre-Requisite | Compulsory |
| Advanced Mathematics | ECON20071 | Co-Requisite | Compulsory |
| Advanced Mathematics | ECON10071B | Pre-Requisite | Compulsory |
ECON10071 OR ECON20071
Aims
The aim of this course is to help students develop the mathematical techniques to analyse advanced topics in economic theory. Topics covered in this course provide a foundation for many results in microeconomics and mathematical economics.
Learning outcomes
By the end of the course, you will:
- Understand the concepts of proof and counter examples.
- Develop the toolbox of real analysis for economics.
- In-depth knowledge of constrained optimisation theory and comparative statics
Syllabus
Provisional
- Logic and proof
- Metric spaces, Open & closed sets, Sequence & convergence
- Continuity, Compactness, Differentiability
- Concavity, Taylor’s theorem, Unconstrained Optimisation
- Constrained Optimisation and Envelope theorem.
Teaching and learning methods
Synchronous activities (such as Lectures or Review and Q&A sessions, and tutorials), and guided self-study.
Employability skills
- Analytical skills
- Problem solving
- Other
- Logical reasoning
Assessment methods
70% Exam
15% Coursework (Weekly Online Quizzes)
15% Coursework (Problem Set)
Feedback methods
- Solution and Feedback to Problem Sets and Quizzes
- Tutorial feedback and solutions
- Piazza Discussion Board
- Office Hours
- Weekly Open Study Sessions
Recommended reading
- Simon, C. and Blume, L. (2010) Mathematics for Economists, International Student Edition, Norton, NY.
- Derek G. Ball (2014) An Introduction to Real Analysis, Pergamon.
Study hours
| Scheduled activity hours | |
|---|---|
| Lectures | 22 |
| Tutorials | 10 |
| Independent study hours | |
|---|---|
| Independent study | 68 |
Teaching staff
| Staff member | Role |
|---|---|
| David Delacretaz | Unit coordinator |
Additional notes
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.
Fees and funding
Fees
Tuition fees for home students commencing their studies in September 2027 will be £10,050 per annum. Tuition fees for international students will be £34,800 per annum.
For general information please see the undergraduate finance pages.
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
Learn more about student finance options for UK students.
Learn more about fees and finance for international students.
As an international student you may be eligible for our Global Futures Scholarships. This is open to students starting their studies in September 2026.
Regulated by the Office for Students
The University of Manchester is regulated by the Office for Students (OfS). The OfS aims to help students succeed in Higher Education by ensuring they receive excellent information and guidance, get high quality education that prepares them for the future and by protecting their interests. More information can be found at the OfS website.
You can find regulations and policies relating to student life at The University of Manchester, including our Degree Regulations and Complaints Procedure, on our regulations website.
