- Department: Economics and Related Studies
- Module co-ordinator: Dr. Makoto Shimoji
- Credit value: 20 credits
- Credit level: I
- Academic year of delivery: 2023-24
To learn tools to analyse dynamic economic contexts in continuous time.
Pre-requisite modules
Co-requisite modules
- None
Prohibited combinations
- None
prerequisite: Mathematics for Economists
Students must have studied the theory of integration prior to taking this module
Occurrence | Teaching cycle |
---|---|
A | Semester 1 2023-24 |
To learn tools which are used to analyse dynamic contexts in continuous time.
To apply these techniques to solve problems in economics contexts
On completing the module a student will be able to:
Be able to use tools for dynamic contexts in continuous time
Analyse economic processes that evolve through time
The module covers first-order differential equations, and higher-order differential equations, calculus of variations and control theory..
The textbook we currently use is "Further Mathematics for Economic Analysis". We may adopt a different textbook if appropriate.
Task | Length | % of module mark |
---|---|---|
Closed/in-person Exam (Centrally scheduled) Dynamic Modelling for Economists |
2 hours | 80 |
Essay/coursework Dynamic Modelling for Economists |
N/A | 10 |
Essay/coursework Dynamic Modelling for Economists |
N/A | 10 |
None
Task | Length | % of module mark |
---|---|---|
Closed/in-person Exam (Centrally scheduled) Dynamic Modelling for Economists |
2 hours | 80 |
Feedback will be provided in line with University policy
Sydsæter, K. [et al.] (2008). Further mathematics for economic analysis / Knut Sydsaeter ... [et al.]. (2nd ed.). Harlow: Financial Times Prentice Hall.