Advanced Mathematical Economics
| Code | School | Level | Credits | Semesters |
| ECON3073 | School of Economics | 3 | 10 | Spring China |
- Code
- ECON3073
- School
- School of Economics
- Level
- 3
- Credits
- 10
- Semesters
- Spring China
Summary
The module is intended to provide an introduction to mathematical techniques used in economics. In particular, examples of economic issues that can be analyzed using mathematical models will be discussed in detail. Particular attention will be given to providing an understanding of the logic behind the formal results presented. Students who wish to pursue a higher degree in economics will find the module particularly useful.
ECON2028 Microeconomic Theory is the requisite of this module.
Please note: This module is assessed at the end of Spring semester. First sit/ Re-sit exams are scheduled normally in the summer and can take the same form as the missing/ failed component of the assessment (exam, essay etc.) or other form, as decided by the School.
Target Students
Year 4 Economics students
Classes
- One 1-hour seminar each week for 2 weeks
- One 2-hour lecture each week for 8 weeks
Assessment
- 100% Exam 1 (1-hour-30-minute): 1.5 hours written exam
Assessed by end of spring semester
Educational Aims
1. To provide a rigorous grounding in certain mathematical tools and methods of argumentation used in microeconomic theory.2. To develop a clear perception of the role of mathematical tools and logical methods in the construction of the formal theory of individual decision-making.3. To inculcate the ability to analyze economic problems through rigorous applications of the formal theory of individual decision-making.Learning Outcomes
A1 Demonstrate a broad knowledge of core areas of economics.
A2 Apply core economic theory and economic reasoning to applied topics.
A3 Show understanding of analytical methods, both theory- and model-based.
A4 Demonstrate understanding of verbal, graphical, mathematical and econometric representation of economic ideas and analysis, including the relationship between them.
A5 Show understanding of relevant mathematical and statistical techniques.
A6 Extensive knowledge and skills in specific specialisms in economics
Conveners
- Dr Xuewen Qian