| Unit name | Essential Mathematics for Economics |
|---|---|
| Unit code | ECON10009 |
| Credit points | 20 |
| Level of study | C/4 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Mr. Morchio |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
ECON10008 Introductory Mathematics for Economics |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Arts, Law and Social Sciences |
Why is this unit important?
The study of economics requires mathematical techniques to model agents’ behaviour to, for example, analyse the impact of economic policy. This unit builds upon the mathematics learnt in the Introductory Mathematics for Economics unit to introduce core mathematical tools that are essential in both modern economics and econometrics.
How does this unit fit into your programme of study?
In this unit, you will build upon the mathematical tools that you have developed in Introductory Mathematics for Economics, and will develop your understanding of mathematical techniques. These techniques will be essential for solving economic problems, as well as for developing an understanding of econometrics, across your undergraduate studies.
Overview of content
In this unit, you will develop key mathematical tools, including multivariate calculus, and an introduction to probability theory.
How will students, personally be different as a result of the unit?
You will develop an understanding of the core mathematics that is used by economists to develop models of how individuals, firms, and countries behave.
Learning outcomes
By the end of this unit, you will be able to:
Teaching will be delivered through a combination of large and small group classes, supported by online resources.
Tasks which help you learn and prepare you for summative tasks (Formative)
You will be provided with weekly exercises to prepare ahead of small group classes. Oral feedback will be provided on the group’s understanding. These exercises will prepare students for the examination.
Tasks which count towards your unit mark (summative)
When assessment does not go to plan
If students fail the unit such that credit points cannot be awarded at the first attempt, they will normally be provided reassessment in the failed element(s).
The reassessment tasks will be:
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECON10009).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The assessment methods listed in this unit specification are designed to enable students to demonstrate the named learning outcomes (LOs). Where a disability prevents a student from undertaking a specific method of assessment, schools will make reasonable adjustments to support a student to demonstrate the LO by an alternative method or with additional resources.
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
