Please note: Due to alternative arrangements for teaching and
assessment in place from 18 March 2020 to mitigate against the restrictions in
place due to COVID-19, information shown for 2019/20 may not always be accurate.
Please note: you are viewing unit and programme information
for a past academic year. Please see the current academic year for up to date information.
| Unit name |
Mathematics for Economics |
| Unit code |
EFIM10023 |
| Credit points |
20 |
| Level of study |
C/4
|
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12)
|
| Unit director |
Professor. Yanos Zylberberg |
| Open unit status |
Not open |
| Pre-requisites |
None
|
| Co-requisites |
None
|
| School/department |
School of Economics |
| Faculty |
Faculty of Social Sciences and Law |
Description including Unit Aims
This unit aims to equip students with the mathematical tools that they will require in undergraduate programmes in Economics, Econometrics, and Finance.
The unit provides students with a grounding in the following areas of mathematics:
- Univariate and multivariate calculus
- Partial differentiation
- Optimisation
- Constrained optimisation through equality and inequality constraints
- Integration
- Introduction to matrices, including a discussion of determinants, inverses
Intended Learning Outcomes
Students will be able:
- To manipulate mathematical formulae and solve well-defined mathematical problems
- To understand the principles underlying mathematical solution methods
- To translate economic problems into mathematical models
- To interpret the solutions to mathematical problems and translate these into economic conclusions
Teaching Information
36 lectures and 8 classes
Assessment Information
Summative assessment
2.5 hour examination (100%). This assesses all learning outcomes.
Reading and References
Sydsaeter, K. and Hammond, P., Essential Mathematics for Economic Analysis, Prentice Hall.
