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Unit information: Mathematics for Economics in 2019/20

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 Dr. Yanos Zylberberg
Open unit status Not open




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

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.