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Last modified: 31 May 2022 13:05

Course Overview

This two parted course aims to develop the students' practical analytical skills and economic problem solving abilities. The first section deals with mathematics in an economic setting. It should enable the student to apply mathematical problem solving techniques to relevant economic issues. Material covered includes differentiation, unconstrained and constrained optimisation, integration and matrix algebra. The second section is dedicated to statistical methods in economics. It seeks to introduce the students to a variety of statistical concepts, relating among others to probability and distributions. It systematically develops hypotheses testing and regression analysis to enable analysis of real world data.

Course Details

Study Type Undergraduate Level 3
Session First Sub Session Credit Points 30 credits (15 ECTS credits)
Campus Aberdeen Sustained Study No
  • Dr John Skatun

Qualification Prerequisites

  • Either Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

This course is a course in two parts. The first section deals with the use of Mathematics in Economic Modelling, whilst the second section introduces basic Statistical concepts and regression analysis.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers

Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Alternative Assessment

(20%) 1x Maths quiz before mid-semester

(30%) 1x Maths test mid-semester 

(20%) 1x Stats quiz after mid-semester 

(30%) 1x Stats test end of semester

Alternative Resit Assessment

Resit: Test/Exam (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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