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EC3023: MATHEMATICAL AND STATISTICAL METHODS IN ECONOMICS (2024-2025)

Last modified: 07 Aug 2024 11:16


Course Overview

This two parted course aims to develop the students' practical analytical skills and economic problem solving abilities. The first section deals with mathematics in an economic setting. It should enable the student to apply mathematical problem solving techniques to relevant economic issues. Material covered includes differentiation, unconstrained and constrained optimisation, integration and matrix algebra. The second section is dedicated to statistical methods in economics. It seeks to introduce the students to a variety of statistical concepts, relating among others to probability and distributions. It systematically develops hypotheses testing and regression analysis to enable analysis of real world data.

Course Details

Study Type Undergraduate Level 3
Term First Term Credit Points 30 credits (15 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Hossein Radmard

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course is a course in two parts. The first section deals with the use of Mathematics in Economic Modelling, whilst the second section introduces basic Statistical concepts and regression analysis.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Class Test - Multiple Choice Questions

Assessment Type Summative Weighting 15
Assessment Weeks Feedback Weeks

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Feedback

Written feedback on quizzes and tests. Models ansswers will in the mathematical section be made available on MyAberdeen. Students will be encouraged to request further oral feedback when needed. Oral feedback is given on the tutorial presentation.

On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Class Test

Assessment Type Summative Weighting 15
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback

Written feedback on quizzes and tests. Models ansswers will in the mathematical section be made available on MyAberdeen. Students will be encouraged to request further oral feedback when needed. Oral feedback is given on the tutorial presentation.

On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.

Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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