Economics and Mathematics, _MA

30 Credit Points

This course builds on and is a natural extension of EC 1006. By examining in a more rigorous way concepts introduced in EC 1006 students will develop further their analytical skills and they will obtain a better understanding of consumers and producers behaviour, market structure as well as the effectiveness of economic policy. The course is designed to appeal to all students interested in economics. This includes students who may wish not to enter into any further studies of economics, as well as students who may wish to continue studying economics at the honours level.

15 Credit Points

Analysis provides the rigorous, foundational underpinnings of calculus. It is centred around the notion of limits: convergence within the real numbers. Related ideas, such as infinite sums (a.k.a. series) and continuity are also visited in this course.

Care is needed to properly use the delicate formal concept of limits. At the same time, limits are often intuitive, and we aim to reconcile this intuition with correct mathematical reasoning. The emphasis throughout this course is on rigorous mathematical proofs, valid reasoning, and the avoidance of fallacious arguments.

15 Credit Points

Linear algebra is the study of vector spaces and linear maps between them and it is a central subject within mathematics.

It provides foundations for almost all branches of mathematics and sciences in general. The techniques are used in engineering, physics, computer science, economics and others. For example, special relativity and quantum mechanics are formulated within the framework of linear algebra.

The two courses Linear Algebra I and II aim at providing a solid foundation of the subject.

30 Credit Points

This course focuses on macroeconomic policy in a global economy. The first part builds an open-economy Keynesian model to investigate what determines the effectiveness of fiscal and monetary policies, and how exchange rate regimes and capital mobility impact on policy effectiveness. The second part investigates what determines the level of macroeconomic activity and its growth over time. The final part looks at what determines inflation and unemployment. This intermediate level course uses live lectures to develop your analytical skills evaluating economic policy in a rigorous and technical way to equip you with the skills needed for honours level study.

15 Credit Points

Analysis provides the rigorous, foundational underpinnings of calculus. This course builds on the foundations in Analysis I, and explores the notions of differential calculus, Riemann integrability, sequences of functions, and power series.

The techniques of careful rigorous argument seen in Analysis I will be further developed. Such techniques will be applied to solve problems that would otherwise be inaccessible. As in Analysis I, the emphasis of this course is on valid mathematical proofs and correct reasoning.

15 Credit Points

Linear algebra is the study of vector spaces and linear maps between them and it is a central subject within mathematics.

It provides foundations for almost all branches of mathematics and sciences in general. The techniques are used in engineering, physics, computer science, economics and others. For example, special relativity and quantum mechanics are formulated within the framework of linear algebra.

The two courses Linear Algebra I and II aim at providing a solid foundation of the subject.

This course, which is designed for level 2 students and above, is studied entirely online. Topics include career planning, finding work experience and articulating your skills and experiences in applications and interviews. Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’. The course takes approximately 5-6 hours to complete and can be taken in one sitting, or spread across a number of weeks.

15 Credit Points

Analysis provides the rigourous, foundational underpinnings of calculus. The focus of this course is multivariable analysis, building on the single-variable theory from MA2009 Analysis I and MA2509 Analysis II. Concepts and results around multivariable differentiation are comprehensively established, laying the ground for multivariable integration in MX3535 Analysis IV.As in Analysis I and II, abstract reasoning and proof-authoring are key skills emphasised in this course.

15 Credit Points

Group theory concerns the study of symmetry. The course begins with the group axioms, which provide an abstract setting for the study of symmetry. We proceed to study subgroups, normal subgroups, and group actions in various guises. Group homomorphisms are introduced and the related isomorphism theorems are proved. Sylow p-subgroups are introduced and the three Sylow theorems are proved. Throughout symmetric groups are consulted as a source of examples.

15 Credit Points

Analysis provides the rigourous, foundational underpinnings of calculus. This course builds on MX3035 Analysis III, continuing the development of multivariable calculus, with a focus on multivariable integration. Hilbert spaces (infinite dimensional Euclidean spaces) are also introduced. Students will see the benefit of having acquired the formal reasoning skills developed in Analysis I, II, and III, as it enables them to work with increasingly abstract concepts and deep results. Techniques of rigourous argumentation continue to be a prominent part of the course.

15 Credit Points

Differential equations play a prominent role in many disciplines including engineering, physics, economics, and biology. In this course we will study the concept of a differential equation systematically from a purely mathematical viewpoint. Such abstraction is fundamental to the understanding of this concept.

15 Credit Points

Many examples of rings will be familiar before entering this course. Examples include the integers modulo n, the complex numbers and n-by-n matrices with real entries. The course develops from the fundamental definition of ring to study particular classes of rings and how they relate to each other. We also encounter generalisations of familiar concepts, such as what is means for a polynomial to be prime.

15 Credit Points

This course asks what happens when concepts such as convergence of sequences and series, continuity and differentiability, are applied in the complex plane? The results are much more beautiful, and often, surprisingly, simpler, than over the real numbers. This course also covers contour integration of complex functions, which has important applications in Physics and Engineering.

15 Credit Points

The 4th year project is a good opportunity to do some research in an area of mathematics which is not covered in any other course. A choice of project topics will be made available to students before the start of the semester. Students will be expected to have regular meetings with their project supervisor. A written report should be submitted at the end of the course, with a presentation taking place shortly afterwards. Students should be able to demonstrate in the project that they have a good understanding of the topic they covered, often through working out examples.

30 Credit Points

The dissertation presents students with the opportunity to apply their knowledge and research skills of Economics to an individual piece of research, focusing on a topic which has been chosen by the student and approved by the Dissertation coordinator and Dissertation supervisor. Over the course of the Dissertation, with guidance from the supervisor, the student will study a particular topic, conduct a literature review of relevant material, select appropriate theoretical and/or empirical methods to address the topic and write a final analysis in the form of the Dissertation of up to 10,000 words.