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Unit information: Mathematics for Economics in 2021/22

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 Dr. 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:

  1. To manipulate mathematical formulae and solve well-defined mathematical problems
  2. To understand the principles underlying mathematical solution methods
  3. To translate economic problems into mathematical models
  4. To interpret the solutions to mathematical problems and translate these into economic conclusions

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Information

1. MCQs - Best 4 out of 5 (10%) 2. Group video (10%) 3. Short assignment (10%) 4. Exam (70%)

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIM10023).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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