Economic Modeling with Applications 10 credits

About the course

This course equips students with the core mathematical and econometric methods used by economists, both theoretical and practical.

Module 1: Mathematics for Economic Analysis (3 credits)

The module aims to give the students the mathematical tools essential for economic analysis.

The module covers the fundamental mathematical concepts crucial for theoretical economic and econometric work. It explores mathematical concepts like functions, systems of equations, logarithms, derivatives, and optimisation.

Module 2: Modeling Data using Econometrics (7 credits)

The module aims to equip students with the econometric tools essential for economic analysis and have students develop the ability to apply these tools to solve economic problems and interpret results.

This module is designed to provide a practical foundation in econometrics, focusing on hands-on applications. Students learn the essential tools (such as linear regression model and ordinary least squares) and gain the ability to analyse real economic data, making the concepts relevant.