SCQF level 9
Academic year(s): 2018-2019
SCOTCAT credits : 20
ECTS credits : 10
Level : SCQF level 9
The module covers the basic mathematical tools used in economic theory. Good knowledge of elementary calculus will be assumed. The main topics are multivariate calculus, concavity and convexity, optimization theory, differential equations, and dynamic optimization. The main goal is that students learn to use the tools, so the emphasis will be on techniques and their applications to fundamental economic models rather than abstract theory.
Pre-requisite(s): Permission of the Economics Honours Adviser
Weekly contact: 20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Scheduled learning hours: 25
Guided independent study hours: 175
As used by St Andrews: 2-hour Written Examination = 50%, Coursework (incl. 2 x Class Test 25% each ) = 50%
As defined by QAA
Written examinations : 100%
Practical examinations : 0%
Re-assessment: 2-hour Written Examination = 100%