EC121: Mathematical Techniques A

Emil Kostadinov
Module Leader

12 CATS - Department of Economics

Principal Aims

This module provides an introductory treatment on univariate and multivariate calculus, compounding and discounting, constrained optimization and matrix algebra, appropriate for joint honours degrees with Economics.

Principal Learning Outcomes

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.

Syllabus

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

Context

Core Module: V7ML - Year 1, LM1D (LLD2) - Year 1, R9L1 - Year 1, R3L4 - Year 1, R4L1 - Year 1, R2L4 - Year 1, L1L8 - 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
Restrictions: 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

Assessment Method: Coursework (100%)
Coursework Details: Test 1 (12%), Test 2 (12%), 6 x problem sets (1% each) (6%), 1.5-hour examination (Summer) (70%)
Exam Timing: N/A

Exam Rubric

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.