Economics

Applied Mathematics for Economists

Module code: L1058
Level 5
15 credits in autumn teaching
Teaching method: Lecture, Seminar
Assessment modes: Unseen examination

The primary aim of this module is to deepen your understanding of the most important mathematical techniques used in economic analysis through the use of applications, and to enable you to use these skills confidently and independently. The secondary aim is to enable you to understand more easily both the economic principles you are (or will be) applying in other modules on the Economics course and the mathematical principles that underlie the statistical and econometric methods encountered in other modules later in the BSc course.

Module learning outcomes

  • Have demonstrated a critical understanding of the principles of economics
  • Be able to use the power of abstraction to focus upon the essential features of an economic problem and to provide a framework for the critical understanding and evaluation of the effects of policy or other exogenous events.
  • Be able to analyse an economic problem or issue using an appropriate theoretical framework, and recognise its limitations.
  • Have learned to understand the importance of, and be able to construct and develop, rigorous argument to help evaluate ideas.