Taken AY2014/2015 Semester 1
EC2104: Quantitative Methods for Economic Analysis
This module seeks to enable students to integrate relevant basic mathematical knowhow with economic analysis. The main objective is to develop in the students the process skills for formulating and solving economic problems mathematically. Topics include equilibrium analysis, understanding and use of matrix algebra and differential and integral calculus in formulating and solving economic problems, comparative-static analysis, and selected optimization problems in economics.
Assessment: The entire module consists of mathematics. The formulas learnt will definitely be linked to economic concepts. However, understanding of these concepts and derivation of formulas is not required for examinations. Half of the material covered in the module will be familiar, such as functions, derivation, integration and matrices. Therefore, a strong foundation in these concepts will be useful for further understanding of added theories based on these basic concepts. Generally, this module is very manageable especially with frequent practice of problem sets from the textbook or past year papers. The workload of the module itself is also relatively light. 4 hours to complete a problem set per week is a generous estimate.
Workload: 2-1-0-4-3
Source
No comments:
Post a Comment