ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | Mathematics for Economics | ||
Code | ECON841 | ||
Coordinator |
Dr RR Routledge Economics R.R.Routledge@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2020-21 | Level 7 FHEQ | First Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
24 |
12 |
36 | ||||
Timetable (if known) | |||||||
Private Study | 114 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Examination There is a resit opportunity. Non-standard penalty applies for late submission - Assessment Schedule (When): 1 | 2 hours | 80 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Mid-term test There is a resit opportunity. Non-standard penalty applies for late submission Assessment Schedule (When): 1 | 1 hour | 20 |
Aims |
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To introduce students to advanced mathematical techniques so that they can smoothly acquire ideas in other postgraduate economics modules; To provide students with the mathematical skills to proceed to professional research should they continue with their studies. |
Learning Outcomes |
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(LO1) Students should be able to solve advanced mathematical problems which appear frequently in economic theory; |
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(LO2) Students should feel comfortable using mathematical models and be able to read academic research papers which use such models; |
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(LO3) Students should be able to demonstrate that they have engaged in private learning to supplement the lectures and tutorials; |
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(LO4) Students should be able to demonstrate flexibility in solving problems and choose appropriate methods to apply. |
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(S1) Students will acquire the ability to think analytically and to reason using mathematical expressions. |
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(S2) Students should be able to demonstrate that they have engaged in private learning to supplement the lectures and tutorials. |
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(S3) Students should be able to demonstrate flexibility in solving problems and choose appropriate methods to apply. |
Teaching and Learning Strategies |
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Lectures x 24 hours Tutorials x 12 hours Self-directed learning x 114 hours |
Syllabus |
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Topology, fixed-point theory and metric spaces; Concavity and optimization; Optimal control theory - Hamiltonian/Bellman equations. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |