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Module Title

LC Introduction to Mathematics for Economics

Department

Economics

Module Code

08 29186

Level

Certificate Level

Credits

20

Semester

Semester 1

Restrictions

Available only to students on degree programmes that include this module in their first year module portfolio.

Description

This module provides an introduction to some of the mathematical techniques employed in economic analysis. The module starts with an introduction to elementary algebra and proceeds to show how economic problems can be formulated and solved algebraically. The emphasis is on practical application rather than on the study of mathematics for its own sake. The material covered also provides a solid foundation for studies at the intermediate level. Topics covered include: linear and non-linear equations, differentiation, integration and elements of matrix algebra.

Learning Outcomes

By the end of the module students should be able to:

● demonstrate knowledge and understanding of elementary quantitative methods necessary for problem

● solving in economics; solve standard quantitative calculations logically and accurately;

● develop effective quantitative problem solving and decision making skills.

Assessment

29186-01 : 1,500 Word Assignment : Coursework (50%)

29186-02 : Exam: Exam (Centrally Timetabled)-Written Unseen (50%)

Assessment Methods & Exceptions

Assessments:

1500-Word Equivalent Individual Take-Home Mathematics Assignment (50%)

2-Hour Examination (50%)

Reassessment:

By failed element