Maths for Economics 2

Module code: EC1008

Module co-ordinator: Dr Sara Lemos

This module will help you to bridge the gap between abstract mathematical concepts and economic applications, while developing your overall numeracy, analytical and problem solving skills – key skills sought by graduate recruiters. You will learn how economic models are specified and manipulated through mathematical techniques, applying economic and mathematical theories to ‘real world’ situations.

Topics covered

  • Solving simultaneous equations using matrix algebra tools
  • Finding constrained and unconstrained optima
  • Interpreting first and second order conditions
  • Comparative statics
  • Simple integration techniques
  • Simple financial mathematics techniques

Learning

  • 20 one-hour lectures
  • 18 one-hour tutorials

Assessment

  • Exam, 2 hours (100%)