Mathematics in Everyday Life

Module code: G5089
Level 4
15 credits in autumn semester
Teaching method: Lecture, Workshop
Assessment modes: Unseen examination, Coursework

This module covers:

  • Money: Rule of 72, repayments, annuities, APR, compounding, present value, tax system, Student Loans.
  • Differential equations: how they arise, how they can be solved. Applications include radiocarbon dating, cooling of liquids, evaporation of mothballs, escape of water down plugholes, war, epidemics, predator-prey models.
  • Applications in sports and games -- tennis, rugby, snooker, darts, athletics, soccer, ranking methods.
  • Business applications: stock control, linear programming, pound-cost average, hierarchies and promotions policies, the Kelly strategy.
  • Voting methods and paradoxes: Arrow's Impossibility Theorem. 
  • Simpson's Paradox, disease testing (false positives etc), gambling, TV game shows.
  • Mathematical essay: eg book reviews, topic descriptions.

Module learning outcomes

  • Use of mathematical models.
  • Use of mathematical techniques.
  • Writing out mathematical arguments.
  • Independent work in maths.