This module provides an introduction to some of the mathematical techniques employed in economic analysis. The module starts with an introduction to elementary algebra and proceeds to show how economic problems can be formulated and solved algebraically. The emphasis is on practical application rather than on the study of mathematics for its own sake. The material covered also provides a solid foundation for studies at the intermediate level. Topics covered include: linear and non-linear equations, differentiation, integration and elements of matrix algebra.
Learning Outcomes
By the end of the module students should be able to:
demonstrate knowledge and understanding of elementary quantitative methods necessary for problem solving in economics
solve standard quantitative calculations logically and accurately;
develop effective quantitative problem solving and decision making skills
Assessment
30390-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
30390-02 : Test 1 : Class Test (25%)
30390-03 : Test 2 : Class Test (25%)