Economics, Mathematics and Statistics (EMS1)

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If you are interested in Mathematics, Statistics and Economics, then this programme enables you to explore these areas in depth, while also emphasising how they complement each other. Economists employ mathematics to design theoretical models and use statistics to test these models and to explore the tremendous amount of data that is generated by the economy. In turn, the models and data that are part of the study of Economics provide an interesting source of applications for students that have learned mathematical and statistical skills.



Through your study, you will develop skills in data analysis, and be supported in the development of your analytical and problem-solving skills, as well as in the application of these skills to understanding real economic issues. The degree will provide a structured approach to developing skills of analysis, problem design and resolution using mathematics, economic theory, data analysis and statistical methods.



The skills and problem-solving abilities you acquire in this degree are highly prized in a range of professions. The degree prepares students for careers in finance, government, private consultancy firms, teaching and media,and for postgraduate studies that lead to careers in investment, academia, central banks and leadership roles in industry, public and voluntary sectors. 


1 - Approach problems in an analytical, precise and rigorous way
2 - Develop problem solving skills and a capacity to apply these skills in a variety of contexts
3 - Undertake data analysis using statistical and econometric approaches, and use econometric software
4 - Model real-world economic problems in a mathematical framework
5 - Use the power of modern technology to augment mathematical and statistical problem solving
6 - Have a broad awareness of related disciplines and fields of study and understand the impact of economic solutions in a societal and global context
7 - Work independently and as part of a team

The skills and problem-solving abilities you acquire in this degree are highly prized in a range of professions, both private and public sectors, including banking, finance, accounting, management consultancy, broadcasting, business, journalism, teaching and communications.



Many students pursue graduate study in Economics, Mathematics or Statistics, leading to Master’s and PhD degrees. Both the School of Economics and the School of Mathematics and Statistics offer Master’s programmes aimed at further developing analytical and professional skills. Postgraduate qualifications are necessary to work as a professional economist.


Stage 3

Please ensure that you select 50 credits in total for Stage 3 from the options lists below (see individual lists for further information).
Please note: EMS students intending to do an internship in Spring trimester must take ECON30130 Econometrics in Autumn trimester. If you are studying abroad (Erasmus/non-EU exchange) and/or undertaking an internship, please see registration guidelines here.

Stage 4

To satisfy Teaching Council requirements, students thinking of teaching mathematics should take MST30010, MST30050, MST30070 and MST30040 over the course of Stages 3 and 4.

Module ID Module Title Trimester Credits
Stage 1 Core Modules
     
COMP10010 Introduction to Programming I Autumn

5

ECON10770 Introduction to Economics Autumn

5

MST10010 Calculus I Autumn

5

MST10040 Combinatorics & Number Theory Autumn

5

STAT10050 Practical Statistics Autumn and Spring (separate)

5

ECON10010 Principles of Microeconomics Spring

5

ECON10020 Principles of Macroeconomics Spring

5

MST10020 Calculus II Spring

5

MST10030 Linear Algebra I Spring

5

STAT10060 Statistical Modelling Spring

5

Stage 1 Core Modules
     
Stage 1 Options - A)MIN1OF:
Choose 1 option module. (Students who achieved less than an H4 in Leaving Cert Mathematics must register to MST00050 from list below in Autumn to be permitted to take core module MST10010 concurrently in Autumn)
     
CSOC10010 Introduction to Computational Social Science I Autumn

5

IS10050 Digital Judgement: Truth, Lies, & the Internet Autumn

5

MST00050 Mathematics: An introduction Autumn

5

SPOL10010 Social Policy Theories and Concepts I Autumn

5

SPOL10030 Understanding Social Problems and Policies Autumn

5

IS10040 Information, Society, and Culture Spring

5

IS10060 Digital Technology Spring

5

Stage 1 Options - A)MIN1OF:
Choose 1 option module. (Students who achieved less than an H4 in Leaving Cert Mathematics must register to MST00050 from list below in Autumn to be permitted to take core module MST10010 concurrently in Autumn)
     
Stage 2 Core Modules
     
ECON20010 Intermediate Microeconomics Autumn

5

MST20010 Algebraic Structures Autumn

5

MST20070 Multivariable Calculus with Applications Autumn

5

STAT20110 Probability Theory Autumn

5

STAT30240 Predictive Analytics I Autumn

5

COMP10020 Introduction to Programming II Spring

5

ECON20020 Intermediate Macroeconomics Spring

5

MST20040 Analysis Spring

5

MST20050 Linear Algebra II Spring

5

STAT20100 Inferential Statistics Spring

5

Stage 2 Core Modules
     
Stage 2 Options - A)MIN1OF:
You must choose at least 1 option from this list.
     
ECON20190 Introduction to Financial Economics Autumn

5

DEV20130 Achieving the Sustainable Development Goals Spring

5

ECON20120 The Economics of the European Union: Institutions, Policies and Crises Spring

5

ECON20130 Economic History: From the Middle Ages to the Second World War Spring

5

SPOL28140 EU Social Policy Spring

5

Stage 2 Options - A)MIN1OF:
You must choose at least 1 option from this list.
     
Stage 3 Core Modules
     
MST30050 Complex Analysis Autumn

5

STAT30010 Time Series Autumn

5

ECON30130 Econometrics: Applying Statistics to Economic Data Autumn and Spring (separate)

5

Stage 3 Core Modules
     
Stage 3 Options - A)MIN2OF:
Please select a minimum of 10 credits from the option list below.
     
ECON20190 Introduction to Financial Economics Autumn

5

ECON30100 The Economics of Health and Health Policy Autumn

5

ECON30180 Industrial Economics: Economics of Business Strategy Autumn

5

ECON30270 Behavioural Economics and Public Policy Autumn

5

ECON30360 Labour Economics Autumn

5

ECON30410 Development Economics Autumn

5

MATH20150 Graphs and Networks Autumn

5

MST30010 Group Theory and Applications Autumn

5

MST30020 History of Mathematics Autumn

5

STAT30090 Models - Stochastic Models Autumn

5

STAT40020 Actuarial Statistics I Autumn

5

STAT40400 Monte Carlo Inference Autumn

5

STAT40620 Data Programming with R Autumn

5

STAT41020 Survey Sampling Autumn

5

Stage 3 Options - A)MIN2OF:
Please select a minimum of 10 credits from the option list below.
     
Stage 3 Options - B)MIN4OF:
Please select a minimum of 20 credits from the option list below. If you are studying abroad (Erasmus/non-EU exchange) and/or undertaking an internship, please see registration guidelines here. Students considering teaching mathematics should take MST30010, MST30070 and MST30040 over the course of stage 3 and 4.
     
ECON30150 International Money and Banking Autumn and Spring (separate)

5

ECON20100 Game Theory Spring

5

ECON30160 International Trade Economics Spring

5

ECON30170 Financial Economics: Asset Pricing Spring

5

ECON30190 Public Economics: Government Spending, Taxation and Public Choice Spring

5

ECON30390 Experimental Economics Spring

5

ECON30430 Economics of International Fin Spring

5

MATH20070 Optimization in Finance Spring

5

MATH20270 Theory of Games Spring

5

MATH30250 Cryptography: Theory & Practice Spring

5

MST30030 Financial Mathematics Spring

5

MST30040 Differential Equations Spring

5

MST30070 Geometry Spring

5

STAT20180 Bayesian Analysis Spring

5

STAT30270 Statistical Machine Learning Spring

5

STAT40150 Multivariate Analysis Spring

5

Stage 3 Options - B)MIN4OF:
Please select a minimum of 20 credits from the option list below. If you are studying abroad (Erasmus/non-EU exchange) and/or undertaking an internship, please see registration guidelines here. Students considering teaching mathematics should take MST30010, MST30070 and MST30040 over the course of stage 3 and 4.
     
Stage 3 Options - C)MIN0OF:
Students who are NOT studying abroad (Erasmus/non-EU exchange) and/or undertaking an internship can select a maximum of 5 credits from the option list below.
     
ECON30490 Experiential Economics Autumn

5

MST30090 Skills for Math Sciences Spring

5

Stage 3 Options - C)MIN0OF:
Students who are NOT studying abroad (Erasmus/non-EU exchange) and/or undertaking an internship can select a maximum of 5 credits from the option list below.
     
Stage 4 Core Modules
     
STAT30250 Advanced Predictive Analytics Spring

5

Stage 4 Core Modules
     
Stage 4 Options - A)MIN1OF:
Select a minimum of 5 credits of the following modules. Students considering teaching mathematics should take MST30010, MST30070 and MST30040 over the course of stage 3 and 4.
     
MATH20150 Graphs and Networks Autumn

5

MST30010 Group Theory and Applications Autumn

5

MST30020 History of Mathematics Autumn

5

MATH20070 Optimization in Finance Spring

5

MATH20270 Theory of Games Spring

5

MATH30250 Cryptography: Theory & Practice Spring

5

MST30030 Financial Mathematics Spring

5

MST30040 Differential Equations Spring

5

MST30070 Geometry Spring

5

Stage 4 Options - A)MIN1OF:
Select a minimum of 5 credits of the following modules. Students considering teaching mathematics should take MST30010, MST30070 and MST30040 over the course of stage 3 and 4.
     
Stage 4 Options - B)MIN2OF:
Students must take exactly 20 research credits by combining either the Maths and Stats research modules, or the Maths research module and two ECON modules, or the Stats research module and two ECON modules
     
ECON30270 Behavioural Economics and Public Policy Autumn

5

ECON30290 Advanced Microeconomics Autumn

5

ECON30360 Labour Economics Autumn

5

ECON30410 Development Economics Autumn

5

ECON30150 International Money and Banking Autumn and Spring (separate)

5

ECON30120 Advanced Macroeconomics Spring

5

ECON30160 International Trade Economics Spring

5

ECON30190 Public Economics: Government Spending, Taxation and Public Choice Spring

5

ECON30390 Experimental Economics Spring

5

ECON30420 Advanced Econometrics Spring

5

MST30080 Maths Research Spring

10

STAT30330 Statistics Research Spring

10

Stage 4 Options - B)MIN2OF:
Students must take exactly 20 research credits by combining either the Maths and Stats research modules, or the Maths research module and two ECON modules, or the Stats research module and two ECON modules
     
Stage 4 Options - E)MIN4OF:
Select a minimum of 20 credits from the following list of options:
     
ECON30100 The Economics of Health and Health Policy Autumn

5

ECON30180 Industrial Economics: Economics of Business Strategy Autumn

5

ECON30270 Behavioural Economics and Public Policy Autumn

5

ECON30360 Labour Economics Autumn

5

ECON30400 Political Economy Autumn

5

ECON30410 Development Economics Autumn

5

STAT30080 Models - Survival Models Autumn

5

STAT30090 Models - Stochastic Models Autumn

5

STAT40020 Actuarial Statistics I Autumn

5

STAT40400 Monte Carlo Inference Autumn

5

STAT40620 Data Programming with R Autumn

5

ECON30150 International Money and Banking Autumn and Spring (separate)

5

ECON30160 International Trade Economics Spring

5

ECON30170 Financial Economics: Asset Pricing Spring

5

ECON30190 Public Economics: Government Spending, Taxation and Public Choice Spring

5

ECON30380 History and Economics of Financial Crises Spring

5

ECON30390 Experimental Economics Spring

5

STAT20180 Bayesian Analysis Spring

5

STAT30270 Statistical Machine Learning Spring

5

STAT40150 Multivariate Analysis Spring

5

STAT40510 Applied Statistical Modelling Spring

5


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