Please note: there may be some adjustments to the teaching arrangements published in the course catalogue for 2020-21. Given current circumstances related to the Covid-19 pandemic it is anticipated that some usual arrangements for teaching on campus will be modified to ensure the safety and wellbeing of students and staff on campus; further adjustments may also be necessary, or beneficial, during the course of the academic year as national requirements relating to management of the pandemic are revised.

Mathematical Methods for Economists (Exchange Students) ECON4094

  • Academic Session: 2021-22
  • School: Adam Smith Business School
  • Credits: 15
  • Level: Level 4 (SCQF level 10)
  • Typically Offered: Either Semester 1 or Semester 2 (Alternate Years)
  • Available to Visiting Students: Yes
  • Available to Erasmus Students: Yes

Short Description

This course offers students an opportunity to become familiar with and apply the mathematical methods commonly used in contemporary Economic analysis. Those methods would include the calculus of several variables, matrix and linear algebra, basic topology, optimization, and probability theory.

Timetable

20 Lectures (10 x 2-hour lectures) and 10 tutorials (10 x 1-hour)

Tutorials are held at various times and can be selected on MyCampus

Requirements of Entry

Students who are permitted to take Honours level courses in Economics and also meet the following criteria:

■ Studying in Glasgow during semester 1 only as part of an exchange programme

■ Junior Honours students who are studying abroad in semester 2

■ Senior Honours students enrolled on an assessment-only basis, following completion of course in previous session

Excluded Courses

ECON4074 Mathematical Methods for Economists

Co-requisites

None

Assessment

ILO (covered)

Main Assessment In: December

Are reassessment opportunities available for all summative assessments? No

Reassessments are normally available for all courses, except those which contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Course Aims

The course aims to

- Equip students with a level of mathematical training adequate for contemporary Economics science

- Provide students with computational skills and technical knowledge, necessary to understand and apply Economics concepts at an advanced level;

- Provide students with the skills and knowledge to be successful in the quantitative-intensive job market as well as preparing students for postgraduate study as part of their career path.

Intended Learning Outcomes of Course

By the end of this course students will be able to:

1. Formulate and explain core mathematical concepts and methods, used in contemporary economics

2. Evaluate and assess the importance of mathematical tools in economics

3. Describe and Illustrate how various mathematical constructs within the covered material can indicate economic and/or statistical relationships

4. Solve relevant economics models by applying mathematical computational skills to obtain results

5. Use formal-logical reasoning and to summarize it in clearly written arguments

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.