Programme And Module Handbook
Course Details in 2019/20 Session

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Module Title LC Mathematics for Economics
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 07 31832
Module Lead Ralph Bailey
Level Certificate Level
Credits 20
Restrictions None
Description This module aims to provide students familiar with the calculus technique of differentiation, with a broad knowledge of the quantitative methods used in economics and econometrics. The module introduces students to the varied contexts in which these methods are used. Students will become prepared for the deeper study that will occur in later modules drawing on mathematical ideas. The three main topics covered are (in semester 1) Optimization, and Probability, and (in semester 2) Matrix Methods. The module also contains single-lecture introductions to further topics important in economics and/or econometrics. Examples are: Game Theory, Logic, Functions, and Complex Numbers.
Learning Outcomes By the end of the module, students should be able to:
  • demonstrate knowledge and understanding of fundamental concepts and definitions of mathematical economics and econometrics;
  • carry out standard mathematical techniques and manipulations logically and accurately;
  • appraise how these techniques and manipulations can be used in certain standard contexts.
Assessment Methods & Exceptions Assessments: 2 x 2 hour exam (50% each)
Reassessment: 2 x 2h exam (50% each)
Reading List