MATHEMATICAL & STATISTICAL METHODS IN ECONOMICS

MATHEMATICAL & STATISTICAL METHODS IN ECONOMICS
Course Code
EC 3023
Credit Points
30
Course Coordinator
Dr J D Skatun

Pre-requisites

EC 2003 and EC 2503.

Overview

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.

Structure

1 three-hour lectures per week (Mon 13:00, Tuesday 14:00- 16:00), 1 one-hour tutorial every week, and 1 one-hour computer workshop in week 24.

Assessment

1st Attempt: 1 three-hour examination (80%); continuous assessment (20%) consisting of a best of two mathematical quiz marks (4%), end of mathematical section test (6%), best of two statistical quiz marks (4%) and end of statistical section test (6%).

Resit: 1 three-hour written examination (100%).

Formative Assessment

This will take place via tutorial discussions and information given in lectures.

Feedback

Written feedback on quizzes and tests. Model answers will in the mathematical section be made available on myaberdeen. Students will be encouraged to request further oral feedback when needed. Oral feedback is given on the tutorial presentation.

On a less formal basis, via verbal feedback during tutorial discussions, and after tutorial presentations.