EC123: Mathematical Techniques B
Alexander Dobson
Module Leader
Principal Aims
Students will be given the opportunity to develop the requisite quantitative skills for a rigorous study of contemporary 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
Pre-requisite. You will be expected to have a good knowledge of A level algebra and calculus including the rules of differentiation and integration (which will not be taught).
The module will typically cover the following topics:
Calculus of functions of two or more variables; Unconstrained and constrained optimisation; Comparative statics; Matrix algebra; Difference equations; Applications of all techniques in economics.
Context
- Optional Core Module
- V7ML - Year 1, R9L1 - Year 1, R3L4 - Year 1, R4L1 - Year 1, R2L4 - Year 1, L1L8 - Year 1, R1L4 - Year 1, LM1D (LLD2) - Year 1
- Pre or Co-requisites
- For Economics joint degree course students A-level in Mathematics, or equivalent.
- Part-year Availability for Visiting Students
- Available in the Autumn term only (1 x test - 4.8 CATS)
Assessment
- Assessment Method
- Coursework (30%) + 1.5-hour examination (Summer) (70%)
- Coursework Details
- 1.5-hour examination (Summer) (70%) , Set of 6 problem sets (6%) , Test 1 (12%) , Test 2 (12%)
- Exam Timing
- N/A
Exam Rubric
Time Allowed: 1.5 Hours, plus 15 minutes reading time.
Read all instructions carefully- and read through the entire paper at least once before you start entering your answers.
There are TWO sections in this paper. Answer ALL TEN questions in Section A using the Excel spreadsheet (40 marks total) and answer ALL FOUR questions in Section B inside this document (60 marks total).
Approved pocket calculators are allowed.
You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order that they appear, up to the required number of questions in each section.
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.