The module exposes the students to various techniques and thinking within the discipline of mathematics for economics and business, as well as to basic mathematical concepts that can be applied in economics and business. Students will also be able to develop mathematical skills in order to solve economic and business problems.

Module Aims

The aim of the module is to enhance students’ understanding of mathematical techniques used in economics and business.

Module Learning Outcomes 

Upon completion of this module, the student should be able to:
1.    Demonstrate an understanding on how mathematical techniques are useful to approach economic and business theory and practice.
2.    Explain how mathematical techniques are applied in economics and business and used as a decision-making tool.
3.    Prepare an economic and business analysis using mathematical approaches.
4.    Distinguish basic principles in mathematics and their application in economics and business.
5.    Apply mathematical methods to problem solving.
6.    Utilise Excel Develop basic economic models in excel.