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Mathematics and Statistics A

Module Code: ECU11021

Module Name: Mathematics and Statistics A

• ECTS Weighting: 5
• Semester/Term Taught: Semester 1
• Contact Hours: 22 hours of lectures and 10 hours of tutorials
• Lecturers : Professor Martina Kirchberger

Learning Outcomes

Satisfactory completion of this module will contribute to the development of the following key skills:

• Abstraction from concrete problems to generic concepts;
• Problem solving using quantitative methods;
• Explaining quantitative reasoning in clear, concise, and correct English.

Module Learning Aims

In mathematics, as applied to business, economics, and the social sciences, we mainly ask questions like: how can we model and analyse individuals' decisions? How do these change if the environment changes? What happens to economic output if wages change?

Module Content

• Linear and quadratic functions;
• Indices and logarithms;
• Matrices;
• Differentiation;
• Optimisation of functions of one variable;
• Partial differentiation;
• Constrained and unconstrained optimisation of functions of several variables;
• Basic integration.

Recommended Texts

Ian Jacques, Mathematics for Economics and Business, 9e, Pearson.

Module Pre Requisite

ECU11021

Assessment Details

• 20% for the midterm test
• 20% for homeworks
• 60% for the annual exam

Module Website

Blackboard