| Unit name | Introductory Mathematics for Economics |
|---|---|
| Unit code | ECON10008 |
| Credit points | 20 |
| Level of study | C/4 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Dr. Mike Peacey |
| 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) |
None |
| 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 language of modern economics is mathematics; it is important to develop a strong understanding of differential calculus to be able to understand key concepts in economics such as marginal changes, and to solve optimisation problems. This mandatory unit will provide you with the mathematical foundations that you will need to appropriately engage with economic modelling, which will be built upon through subsequent units.
How does this unit fit into your programme of study?
In this unit, you will develop the foundations of mathematics, including an understanding of differentiation and integration. These skills will be applied within your economics units and will also be built upon through your first year, as you develop your understanding of mathematics and statistics. The tools that you learn within this unit will be fundamental to your learning in economics across your undergraduate degree.
Overview of content.
In this unit, you will learn the foundations of core mathematical techniques, which form the foundation of quantitative economic modelling. Topics will likely include:
How will students, personally, be different as a result of the unit
This unit will allow you to develop the core mathematical skills that underpin modern economics. You will develop an appreciation of marginality and be able to solve optimisation problems in one variable.
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 given weekly exercise to complete ahead of small group classes. These exercises will be similar in content to the forms of questions you will see in the final, summative, assessment.
You will be given a mock exam, for which feedback will be provided.
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).
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. ECON10008).
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.
