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EC1003   Mathematics for Economists

Academic year(s): 2017-2018

Key information

SCOTCAT credits : 20

ECTS credits : 10

Level : SCQF level 7

Semester: 1

Availability restrictions: Available to first year or second year students. Students may not take MT1001 and EC1003 at the same time, but they may take MT1001 in first year and EC1003 in second year

Planned timetable: 1.00 pm - 2.00 pm Mon, Tue, Thu

This is an introduction to calculus and algebra that provides the indispensable mathematical tools for modern economics. Students will learn and practice the basic techniques to write and solve equations, graphically represent functions, and manipulate vectors and matrices. The content will go over fundamental notions like sets, functions, limits, continuity, linear applications, and derivatives, but the emphasis will be on the resolution of exercises and the application of techniques for economic models.

Relationship to other modules

Co-requisite(s): If not already passed you must take EC1001 or take EC1004 or take EC2002

Anti-requisite(s): Students may not take MT1001 in the same semester as EC1003

Learning and teaching methods and delivery

Weekly contact: 27 hours of lectures over 10 weeks, 18hours practical classes over 10 weeks, plus 1 office hour (x 12 weeks)

Scheduled learning hours: 45

Guided independent study hours: 155

Assessment pattern

As used by St Andrews: 2-hour Written Examination = 50%, Coursework (2 x 50 minute class tests) = 50%

As defined by QAA
Written examinations : 100%
Practical examinations : 0%
Coursework: 0%

Re-assessment: 3-hour Written Examination = 100%

Personnel

Module teaching staff: Dr T Cuhadaroglu