Year of entry: 2018
Course unit details:
Introduction to Mathematical Economics
|Unit level||Level 1|
|Teaching period(s)||Semester 2|
|Offered by||School of Social Sciences|
|Available as a free choice unit?||Yes|
See course Blackboard pages.
|Unit title||Unit code||Requirement type||Description|
Prepare Students for the study of intermediate and advanced topics in Mathematical Economics. This unit is to introduce students to those mathematical techniques that are required in the study of advanced economic theory.
By the end of the course, you will:
- Understand the concepts of proof and counterexample.
- Have expanded your mathematical toolbox for mathematical economics.
- Limits and open sets with applications to continuity and differentiability (incl simple proofs: apply the definition to check if a function really is continuous, equivalence of limit and epsilon-delta definition of continuity).
- Concavity and quasi-concavity (various definitions and proof of their equivalence, applications to consumer choice).
- Logic and choice (simple applications to household choice problems, set-valued maps (correspondences), multi-dimensional functions, Cartesian product of sets).
- Basics of differential equations with applications.
Teaching and learning methods
The learning and teaching process centres on two key forms of delivery, lectures, tutorials and exercise classes, and the material provided through Blackboard.
- Analytical skills
- Problem solving
Coursework - 30%
Final Exam - 70%
For information about feedback please follow this link:
- Tutorial feedback.
- Office hours.
- Discussion board on Blackboard.
|Scheduled activity hours|
|Assessment written exam||1.5|
|Independent study hours|