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MATH20330

Academic Year 2024/2025

Optimisation for Economics (MATH20330)

Subject:
Mathematics
College:
Science
School:
Mathematics & Statistics
Level:
2 (Intermediate)
Credits:
5
Module Coordinator:
Dr Marcus Greferath
Trimester:
Autumn
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This module introduces students to mathematical techniques used in all aspects of economics. Topics covered include calculus of functions of one and several variables, matrix algebra, unconstrained and constrained optimization. Emphasis will be on how to use mathematics to formulate and solve problems in economics.

About this Module

Learning Outcomes:

On completion of this module students should be able to:

differentiate functions of several variables

optimize functions of several variables with and without constraints

perform calcuations with matrices, including inversion

use matrices to solve systems of linear equations

apply mathematical techniques to solve economics problems

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

100

Lectures

18

Tutorial

10

Total

128


Approaches to Teaching and Learning:
lectures, tutorials, problem-based learning

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Incompatibles:
MATH10030 - Maths for Business


 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Assignment(Including Essay): Weekly Homework for work in weekly tutorials Week 3, Week 4, Week 5, Week 6, Week 7, Week 8, Week 9, Week 10, Week 11, Week 12, Week 14, Week 15 Alternative linear conversion grade scale 40% No
20
No
Exam (In-person): Midterm MCQ Exam End of trimester
Duration:
1 hr(s)
Alternative linear conversion grade scale 40% No
30
No
Exam (In-person): Final Exam End of trimester
Duration:
2 hr(s)
Alternative linear conversion grade scale 40% No
50
No

Carry forward of passed components
No
 

Resit In Terminal Exam
Spring Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Not yet recorded.

Name Role
Dr Conor Finnegan Lecturer / Co-Lecturer
Sebastian Benedikt Flad Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Autumn Lecture Offering 1 Week(s) - Autumn: All Weeks Thurs 12:00 - 12:50
Autumn Lecture Offering 1 Week(s) - 1, 2, 3 Tues 11:00 - 11:50
Autumn Lecture Offering 1 Week(s) - 4, 5, 6, 7, 8, 9, 10, 11, 12 Tues 11:00 - 11:50
Autumn Tutorial Offering 1 Week(s) - 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 Wed 10:00 - 10:50