| Unit name | Quantitative Methods 1: Mathematics and Computing for Economics and Finance |
|---|---|
| Unit code | ECON11122 |
| Credit points | 20 |
| Level of study | C/4 |
| Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
| Unit director | Professor. Turon |
| Open unit status | Not open |
| Pre-requisites |
A-level Mathematics (or equivalent) |
| Co-requisites | |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
QM1 aims to provide students with a mathematical toolkit for their entire undergraduate study in Bristol EFM. Its content has been chosen after consultation with staff teaching other units in first, second and third years to ensure that most mathematical concepts used in other units are familiar to students and can be used with ease. The unit builds on A-level mathematics. It considers and develops mathematical techniques required in economic analysis, accounting and econometrics. The topics covered are differentiation, optimisation, matrices, logic, integration.
At the end of the unit students will be able to:
Lectures (27) plus two hours for revision in the summer term. Plus 6 assignment lectures and 5 answers lectures. Plus 5 classes of roughly 14 students.
Summative Assessment:
This is a three-hour closed book exam, consisting of 5 compulsory sections on the 5 topics taught in the unit. The questions asked in each section are small exercises. All learning outcomes are assessed in the exam.
Formative Assessment:
Students are required to attend 6 assignment lectures (1 on A-level material, 1 on each of the 5 syllabus topics). These are 50-minute tests, with no notes or calculator, comprising of 10 small exercise questions each. They are marked by QM1 tutors and returned to students in the tutorials. All learning outcomes are tested in this range of formative assessments.
