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Unit information: MRes Mathematics for Economics in 2020/21

Unit name MRes Mathematics for Economics
Unit code EFIMM0023
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 1 (weeks 1 - 12)
Unit director Dr. Eugene Jeong
Open unit status Not open
Pre-requisites

None

Co-requisites

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description

The unit aims to build in students the ability to know, understand, apply and evaluate the mathematical tools and methods needed in modern Economics. These skills constitute the base on which other units will build and will ultimately allow students to undertake novel research in their dissertation.

The focus in on Real Analysis and topics covered will include

- Basic topology - Numerical sequences and series - Continuity - Sequences and series of functions - Differentiation - Integration

Intended learning outcomes

Modern Economic and Econometrics theory requires mathematical skills and in particular the ability to understand mathematical arguments and provide proofs. Real Analysis provides a foundation for all of the mathematical methods used in Economics. The unit will familiarize students with formal arguments and proofs in Real Analysis so that students will be able to understand and evaluate the uses of these tools in economics as be able to apply these tools themselves. The students will also be able to understand the proper scope of application of these tools as well as their limitations.

Teaching details

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Details

7 day assessment (85%) and Coursework (15%).

Reading and References

Rudin, W. Principles of Mathematical Analysis (Third Ed), McGraw-Hill

Kolmogorov A.N. and Fomin S.V. Introductory Real Analysis (New Edition), Dover.

Marsden J.E. and Hoffman M.J. Elementary Classical Analysis (Second Ed), W.H. Freeman

Pugh, C. C. Real Mathematical Analysis (First Ed.) Springer-Verlag

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