MA110
Basic Quantitative Methods
This information is for the 2017/18 session.
Teacher responsible
Dr James Ward and Dr Pavel Gapeev
Availability
This course is available on the BSc in Accounting and Finance and BSc in Government and Economics. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.
Prerequisites
GCSE or ASlevel Mathematics (or equivalent).
Students with Alevel Mathematics (or equivalent) should take MA107 Quantitative Methods (Mathematics) or MA100 Mathematical Methods.
Course content
The course is designed to provide students with the elementary mathematical tools that are needed to study Economics. Students will be introduced to basic mathematical concepts and manipulations. Examples of applying these techniques to a variety of economical and management problems are given throughout the course. Content  Part A: Arithmetic operations, powers and roots; basic algebra; introduction to linear programming; logarithms and exponential growth; sets, functions and graphs; differentiation of functions of one variable; marginal cost and marginal revenue; optimisation of functions of one variable; difference equations; equilibrium and stability in dynamical models. Content  Part B: Introduction to integration; consumer and producer surplus; matrix algebra; systems of linear equations; functions of several variables; partial differentiation; optimisation and the Lagrange multiplier method.
Teaching
20 hours of lectures, 10 hours of classes and 10 hours of workshops in the MT. 22 hours of lectures and 10 hours of classes in the LT. 2 hours of lectures in the ST.
Formative coursework
Written answers to set problems will be expected on a weekly basis.
Indicative reading
The course will be mostly taught from the lecturers' notes. The following books can provide additional material: T Bradley & P Patton, Essential Mathematics for Economics and Business; E T Dowling, Mathematics for Economists (Schaum's Outline Series); I Jacques, Mathematics for Economics and Business; M Rosser, Basic Mathematics for Economists; M Anthony & N L Biggs, Mathematics for Economics and Finance: Methods and Modelling, CUP, 1996.
Assessment
Exam (100%, duration: 3 hours) in the main exam period.
Key facts
Department: Mathematics
Total students 2016/17: 8
Average class size 2016/17: 9
Capped 2016/17: No
Value: One Unit
PDAM skills
 Selfmanagement
 Problem solving
 Application of information skills
 Communication
 Application of numeracy skills
 Specialist skills
Course survey results
(2014/15  2016/17 combined)
1 = "best" score, 5 = "worst" scoreThe scores below are average responses.
Response rate: 75%
Question 
Average  

Reading list (Q2.1) 
1.9  
Materials (Q2.3) 
2.1  
Course satisfied (Q2.4) 
1.7  
Lectures (Q2.5) 
1.6  
Integration (Q2.6) 
1.4  
Contact (Q2.7) 
1.5  
Feedback (Q2.8) 
1.5  
Recommend (Q2.9) 
