Foundation Maths for Economics 2
Code | School | Level | Credits | Semesters |
CELEN089 | Centre for English Language Education | 0 | 20 | Spring China |
- Code
- CELEN089
- School
- Centre for English Language Education
- Level
- 0
- Credits
- 20
- Semesters
- Spring China
Summary
Calculus: Integration (including method of substitution, integration by parts and partial fractions), Definite Integration, Area and volume, Differential equations (separation of variables).
Statistics & Probability: Sets and events, probabilities, counting principle, conditional probability and independence of events, Bayes theorem and random variables, discrete and continuous random variables, probability density functions, cumulative distribution functions, median, quartiles, variance, covariance and conditional expectations, Hypothesis testing (t, Chi-square, F).
Target Students
Preliminary Year students registered on Economics major at the University of Nottingham Ningbo China.
Classes
- One 1-hour-30-minute seminar each week for 10 weeks
- One 2-hour lecture each week for 11 weeks
Assessment
- 70% Exam1 (2-hour): Practical exam based on Matlab programming and mathematical software to be conducted during sem-2 exam period.
- 30% Mid-exam (1-hour)
- 30% Mid-exam (1-hour)
Educational Aims
To provide students with the confidence, mathematical knowledge and fluency in mathematical techniques to help solve basic problems in Economics, requiring the use of integral calculus or probability and statistics.Learning Outcomes
A student who completes this module successfully should be able to:
A Knowledge and understanding
- Consolidate prior knowledge and understanding of concepts in calculus and statistics.
- Acquire good understanding of wide-ranging mathematical topics.
B Intellectual skills
- Reason logically and work analytically.
- Apply fundamental mathematical and statistical concepts to problems in Economics.
- Creative thinking and ability to work independently as well as in groups.
C Professional practical skills
- Construct and present mathematical arguments with accuracy and clarity.
D Transferable (key) skills
- Communicate mathematical arguments using standard terminology;
- Use of e-learning and self-study skills.