Foundation Maths for Economics 1
| Code | School | Level | Credits | Semesters |
| CELEN088 | Centre for English Language Education | 0 | 10 | Autumn China |
- Code
- CELEN088
- School
- Centre for English Language Education
- Level
- 0
- Credits
- 10
- Semesters
- Autumn China
Summary
Algebra: Functions, Quadratics, Basic Trigonometry, Polynomial division, Matrices (including algebra of matrices, row operations, Gauss Elimination LU factorization, Inverse matrix), Sequence and Series.
Calculus: Limits, Derivatives (Rate of change, velocity, rules of differentiation, implicit differentiation, derivative of inverse functions, logarithmic differentiation), Applications of derivatives (Max-min. problems), Higher order derivatives (Maclaurin’s series, Taylor’s series), Indeterminate forms, L’Hospital’s rule.
Target Students
Preliminary Year students registered on Economics major at the University of Nottingham Ningbo China.
Classes
- One 1-hour seminar each week for 10 weeks
- One 1-hour lecture each week for 11 weeks
Assessment
- 30% Mid-term exam (1-hour): Mid-semester exam (Short-answer questions exam of 1-hour duration)
- 70% Final Exam (1-hour-30-minute): Written exam of 1.5 hour at the end of Autumn semester.
Assessed by end of autumn semester
Educational Aims
To provide students with the confidence, mathematical knowledge and fluency in algebraic and differential calculus techniques that are core to quantifying and analysing basic problems in Economics.Learning Outcomes
A student who completes this module successfully should be able to:
A Knowledge and understanding
- Consolidate prior knowledge and understanding of concepts in algebra and calculus.
- Manipulate standard algebraic expressions.
- Use matrix methods to analyse and solve simultaneous linear equations.
- Use sequences and series and calculation of sums of arithmetic and geometric progressions.
- Acquire good understanding of wide-ranging mathematical topics.
B Intellectual skills
- Reason logically and work analytically.
- Manipulate mathematical formulae and algebraic equations.
- Apply fundamental mathematical concepts to problems in Economics.
- Creative thinking and ability to work independently as well as in groups.
C Professional practical skills
- Construct and present mathematical arguments with accuracy and clarity.
D Transferable (key) skills
- Communicate mathematical arguments using standard terminology;
- Use of e-learning and self-study skills.
Conveners
- Dr Pei Zhang