20 Credits SPRING


Pre-requisites: ECN118, ECN119

ECN118 or ECN119. The module is core for students on BSc Economics and BSc Economics with Finance. Other students must have passed ECN118 or ECN119 with a mark of 60% or above to take this module.


Aims/Description: This module aims to build upon a basic knowledge of mathematical economics, introducing and explaining some of the more advanced mathematical techniques which are prevalent in modern economics and to show how they can be applied to intermediate economic analysis and discussions. By the end of the module students should be able to demonstrate an understanding of, and be able to apply in a variety of economic situations, the principles of univariate and multivariate calculus; linear algebra; constrained and unconstrained optimisation and comparative static analysis (with and without the use of linear algebra); basic inequality constrained optimisation; maximum value functions and the envelope theorem. It is assumed that students enrolling onto this module can rearrange equations, solve simultaneous equations, undertake multivariate calculus and solve economic problems including basic constrained optimisation.

Restrictions on availability: Restricted to students for whom it is core or approved

Staff Contact: MCHARDY JOLIAN P
Teaching Methods: Lectures, Problem solving, Independent Study
Assessment: Formal Exam, Classroom testing

Information on the department responsible for this unit (Economics):

Departmental Home Page
Teaching timetable

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NOTE
The content of our courses is reviewed annually to make sure it's up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research; funding changes; professional accreditation requirements; student or employer feedback; outcomes of reviews; and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption.

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Teaching methods and assessment displayed on this page are indicative for 2021-22. Students will be informed by the academic department of any changes made necessary by the ongoing pandemic.

Western Bank, Sheffield, S10 2TN, UK