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Module Title LC Introductory Quantitative Methods A
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 11099
Module Lead Marco Ercolani
Level Certificate Level
Credits 10
Semester Semester 1
Pre-requisites
Co-requisites LC Introductory Quantitative Methods B - (08 11101)
Restrictions Available to first year Economics Department students only
Contact Hours Lecture-20 hours
Seminar-10 hours
Guided independent study-70 hours
Total: 100 hours
Exclusions
Description

This linked module provides an introduction to some of the mathematical techniques employed in economic analysis. The course 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

On successful completion of this linked 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 11099-01 : Exam : Exam (Centrally Timetabled) - Written Unseen (80%)
11099-02 : Test 1 : Class Test (10%)
11099-03 : Test 2 : Class Test (10%)
Assessment Methods & Exceptions 3 hr written examination 80%, 2 x class tests (10% each) 20%. (Jointly assessed with linked module 08 11101.) Reassessment: 3 hour written examination (100%)
Other none
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