Introductory Mathematics for Economists I

This is an introductory module for first or second year students with no A levels mathematics. The module includes topics such as: basics of algerbra and equations, systems of equations, logs and exponentials, and differentiation.

Objectives and learning outcomes of the module

Upon successful completion of this module a student will:

• Understand how to complete basic operations with Algebra
• Understand and demonstrate the ability to use the rules of algebra (including factorising) to solve equations
• Understand how to solve system of equations
• Have the ability to plot graphs
• Have the ability to differentiate a variety of functions
• Understand exponetial and logarithmic functions
• Demonstrate understanding of and ability to explain the economic applications of differentiation, and use it to formulate economic problems, including elasticities, marginal cost and benefit, marginal product of labour and capital, marginal utilities

Method of assessment

TS1 - 50% / Exam - 50%

Suggested reading

TBC

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