Admission to EC487

1. Do you have a background in multivariate calculus and linear algebra?

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2. Have you taken a course that emphasizes formal proof-writing such as Real Analysis or Abstract Algebra?

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3. Are you familiar with basic topology, continuity and differentiation at the level of Walter Rudin's "Principles of Mathematical Analysis”?

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If you have answered “No” to any of the above questions, you are not eligible to take EC487 and must take EC411.

If you have answered “Yes” to all questions, please read the following instructions and information:

EC451 Micro is a compulsory pre-sessional course for EC487. Students who meet the criteria above and want to take EC487 Advanced Micro are therefore required to attend the EC451 Micro presessional course instead of the Static Optimization & Fixed Points part of EC400. During the first two days of EC451, students should assess whether they can do the exercises and then make a provisional decision about the suitability of the course; someone who learns that EC487 is not for them in the first two days can switch into EC411 by attending EC400 Static Optimization & Fixed Points thereafter. Those who are unsure and need further advice should speak to the MSc Tutor.

You should also note the following:

1. Students who subsequently decide not to enrol in EC487 and switch to EC411 (after the pre-sessional course(s) have taken place) instead must ensure they catch up on the required foundations covered in EC400 Static Optimization & Fixed Points (by reviewing the EC400 lecture recordings and associated materials on Moodle). Although it needs mentioning that anyone who does not already know the Static Optimization & Fixed Points part of EC400 should not be doing EC451/EC487 in the first place.

2. Students who are eligible and decide to take the EC451 micro course with the intention of taking EC487 are still required to attend EC400 Probability and Statistical Inference as well as EC400 Dynamic Optimization & Differential Equations. The courses are arranged so that there will be no clashes. All EC400 lectures will be recorded.

3. Students who are eligible and decide to take the EC451 micro course with the intention of taking EC487 are expected to sit the EC451 Micro exam and the EC400 exams (Revision Maths, Dynamic Optimization & Differential Equations and Probability and Statistical Inference). Note they will not clash.

4. Students who fail the EC451 Micro exam are required to meet with the EC487 course convener to discuss continuation into EC487. The EC487 course convener has the right to refuse admission to the course.

I have read the above information in full and I understand the process involved in taking EC451 Microeconomics and EC487 Advanced Microeconomics.

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EC487 Application Form