Programme And Module Handbook
Course Details in 2018/19 Session

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Module Title LC Mathematical Modelling for Economics
SchoolBirmingham Business School
Department Birmingham Business School
Module Code 08 11382
Module Lead Colin Rowat
Level Certificate Level
Credits 10
Semester Semester 2
Restrictions None
Contact Hours Lecture-20 hours
Guided independent study-80 hours
Total: 100 hours

This module extends with applications the first year mathematics modules. It emphasises posing economic problems and the process of modelling them. The primary objective is to help students 'think like economists'.  This is accomplished by studying examples from the literature in which key insights have allowed economic problems to be understood with new clarity.  This module differs from others offered in its emphasis on formulating economic problems and the modelling process itself, rather than on solving already posed problems.

Learning Outcomes

On completion of this module students will be able to:

  • demonstrate an understanding of the role of modelling in economics;
  • pose economic problems formally; interpret examples of economic models from the literature;
  • reveal, through modelling, structural similarities between apparently dissimilar problems.
Assessment 11382-06 : Individual Problem Set : Presentation (60%)
11382-07 : Group Presentation 1 : Presentation (30%)
11382-08 : Group Presentation 2 : Presentation (10%)
Assessment Methods & Exceptions Assessments:
1 x individual problem set (60%), 2 x group presentations (10% each), 1 group problem set (20%)

Reassessment: 2 x individual problem sets (100%)
Other Duplicate of Dubai-based module 08 30393
Reading List