MATHEMATICAL AND STATISTICAL METHODS IN ECONOMICS
- Course Code
- EC 3001
- Credit Points
- 30
- Course Coordinator
- Dr J D F Skåtun
Pre-requisites
Overview
This course provides an introduction to the basic mathematical and statistical techniques needed by economists. The mathematical component includes differential and integral calculus, maximisation subject to constraints and matrix algebra. The second part of the course comprises an introduction to econometrics, the principal means of statistical analysis in applied economics. This part of the course also includes the use of computer programmes for econometric estimation.
Structure
2 two-hour seminars per week plus computing workshops.
Assessment
1st Attempt: 1 three-hour examination (60%) and in-course assessment (40%).
Resit: 1 three-hour examination (60%) and in-course assessment (40%).