To provide the mathematical techniques for a thorough and rigorous study of economic analysis, econometric methods and applied economics subjects, appropriate to joint honours courses with Economics. The module forms part of the first year core cluster EC120 Quantitative Techniques, which is made up of one module in Mathematical Techniques (A (EC121) or B (EC123)), one module in Statistical Techniques (A (EC122) or B (EC124)) as well as Computing and Data Analysis (EC125).
Principal Learning Outcomes
By the end of this module students will acquire the tools of quantitative methods necessary to study core and optional first and second year modules in economics for the single honours course in Economics; develop further their techniques of statistical methods and statistical modelling;
generate an awareness and analysis of data and of data handling.
The module will typically cover the following topics:
Revision of basic algebra; Introduction to calculus; Series (AP, GP, present value calculations); Exponential & logarithmic functions; Functions of two variables (calculus, constrained optimisation, applications); Integration; Difference equations; Applications in economics
- Optional Core Module
- LM1D (LLD2) - Year 1, V7ML - Year 1, L1L8 - Year 1, R9L1 - Year 1, R3L4 - Year 1, R4L1 - Year 1, R2L4 - Year 1, R1L4 - Year 1
- Pre or Co-requisites
- At least a grade A in GCSE Mathematics, or equivalent.
- Pre-requisite for
- EC203, EC220, EC221, EC226
- This module is restricted to LM1D/LLD2, V7ML and Joint Economics and Modern Language students and L1L8 students on Route B.
- Part-year Availability for Visiting Students
- Available in the Autumn term only (1 x test 4.8 CATS)
- Assessment Method
- Coursework (25%) + 1.5 hour exam (75%)
- Coursework Details
- Two 50 min tests (1 x 12% + 1 x 13%)
- Exam Timing
Time Allowed: 1.5 Hours, plus 15 minutes reading time during which notes may be made (on the question paper) BUT NO ANSWERS MAY BE BEGUN.
Answer ALL SEVEN questions. Answer questions 1-4 in one booklet and questions 5-7 in a separate booklet
Approved pocket calculators are allowed.
Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.