ES12004: Mathematics for economists
[Page last updated: 23 October 2023]
| Academic Year: | 2023/24 |
| Owning Department/School: | Department of Economics |
| Credits: | 10 [equivalent to 20 CATS credits] |
| Notional Study Hours: | 200 |
| Level: | Certificate (FHEQ level 4) |
| Period: |
- Semester 1
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| Assessment Summary: | EXCB 100% |
| Assessment Detail: |
- Closed-book written examination (EXCB 100%)
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| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
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| Learning Outcomes: |
By the end of the unit, students will be able to:
- Outline core concepts within mathematics
- Explain how core concepts in mathematics relate to economic analysis and with various policy issues
- Employ the concepts and principles of mathematics in the solution of economic problems
- Communicate mathematics and economic ideas clearly and effectively
- Plan, manage and reflect on their own learning and practice
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| Synopsis: | Gain introductory knowledge of the fundamental mathematical concepts used in quantitative economic analysis, such as differential and integral calculus, unconstrained and constrained optimisation, matrix algebra and dynamic systems, among others.
Youll develop a deeper understanding of these concepts, their underlying assumptions, and their uses in economic analysis aimed at solving both real-world and methodological questions and challenges.
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| Content: | Calculus and optimisation in economics; linear algebra; solution of linear systems of equations; integral calculus; complex numbers; differential and difference equations; eigenvalues and eigenvectors; Simultaneous Differential and Difference Equations
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| Course availability: |
ES12004 is Compulsory on the following courses:
Department of Economics
- UHES-AFB10 : BSc(Hons) Economics (Year 1)
- UHES-AKB10 : BSc(Hons) Economics with professional placement (Year 1)
- UHES-AKB10 : BSc(Hons) Economics with professional placement and study abroad (Year 1)
- UHES-AKB10 : BSc(Hons) Economics with study abroad (Year 1)
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Notes: - This unit catalogue is applicable for the 2023/24 academic year only. Students continuing their studies into 2024/25 and beyond should not assume that this unit will be available in future years in the format displayed here for 2023/24.
- Courses and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
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