2017/8 - ECO-4001A INTRODUCTORY MATHEMATICS FOR ECONOMISTS
Autumn Semester, Level 4 module
(Maximum 250 Students)
UCU: 20
Organiser: Dr Susan Long
MODULE - 40% PASS ON AGGREGATE
Module Type: Coursework
Timetable Slot:D4*D7
This module covers those mathematical techniques that are most relevant to the study of
Economics at University level. The mathematics part of the module will focus on developing
understanding of linear and non-linear functions, progressing to a treatment of differential
calculus. The focus will be on the mathematical techniques themselves and their economic
applications. This module is a prerequisite for the year 2 module Introduction to
Econometrics. Students with strong performance on this module – a final mark of at least 70
– will have the opportunity to broaden their quantitative skills by taking the optional module
Mathematical Economics later in their degree.
2017/8 - ECO-4002A THE ECONOMICS OF SOCIETY
Autumn Semester, Level 4 module
(Maximum 96 Students)
UCU: 20
Organiser: Dr Duncan Watson
MODULE - 40% PASS ON AGGREGATE
Module Type: Coursework
Timetable Slot:C6*C2
This module emphasises the application of economics to real-world dilemmas. It focuses on
how applied economics can be used to study ‘wicked problems’. Such problems, sometimes
referred to as ‘social messes’, are often highly confrontational: How can we control problems
of crime? Why do societies suffer from significant complications from drug addiction? How
can we reduce deaths from terrorism and war? The module demonstrates how economics can
play a crucial part in the debates, illustrating the value of the economic approach in
transforming policy recommendations.
2017/8 - ECO-4003A MATHEMATICS FOR ECONOMISTS
Autumn Semester, Level 4 module
(Maximum 132 Students)
UCU: 20
Organiser: Dr Emiliya Lazarova
MODULE - 40% PASS ON AGGREGATE
Module Type: Coursework
Timetable Slot:D4*D7
This module covers those mathematical techniques that are most relevant to the study of
Economics at University level. The module will start with a review of some algebraic and
non-algebraic functions, progressing to a thorough treatment of differential calculus and its
application to (constrained) optimisation. The module will focus on deeper understanding of
the relation between core economic notions and their mathematical counterparts. As such, it
develops a set of transferrable quantitative skills necessary to conduct rigorous analysis in a
variety of economics contexts. The emphasis will be on the use of formal mathematical
language, notation, and appropriate techniques in the analysis. In order to take this module a
student must have taken A-level mathematics or equivalent. This module is a prerequisite for
the year 2 module Introductory Econometrics. Students with strong performance on this
module – a final mark of at least 60 – will have the opportunity to broaden their quantitative
skills by taking the optional module Mathematical Economics later in their degree.
2017/8 - ECO-5003A MATHEMATICAL ECONOMICS
Autumn Semester, Level 5 module
(Maximum 72 Students)
UCU: 20
Organiser: Dr Stefania Sitzia
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:D3*C4
Exam Paper(hrs):2
Exam Period:SPR-02
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4001Y OR TAKE ECO4004Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4003A OR TAKE ECO4001A Students can only enrol on this module if they obtained a mark of 60% on ECO4003A or 70% on ECO-4001A - Please seek further advice if you have any concerns about
your suitability for this module. The module provides an introduction to mathematical
techniques for economists: linear algebra, comparative static analysis, optimisation, calculus,
applications (e.g. growth models, market equilibria, constrained utility maximisation and cost
minimisation). The module will be particularly useful for students intending to undertake
postgraduate study in Economics. Please note that this module requires good mathematical
aptitude and a willingness to work hard at solving the seminar problems and other problems.
The only way to master the material in this module is to work through lots of examples on a
regular basis.
2017/8 - ECO-5004A STRATEGIC THINKING
Autumn Semester, Level 5 module
(Maximum 72 Students)
UCU: 20
Organiser: Dr Arnold Polanski
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:B1*B2
Exam Paper(hrs):2
Exam Period:SPR-02
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4002Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y This module presents
and explores different formal concepts of game theory. Game theory provides a framework to
understand how people behave in the strategic situations that arise when the welfare of any
person depends on both his own choices and the decisions of others. There is an abundance of
such situations in economics and in other social sciences. Examples include bargaining
situations (e.g. between workers and employers), interactions between firms in an industry,
arms rivalry and military conflicts or war against terrorism.
2017/8 - ECO-5005A INTERNATIONAL TRADE AND INTEGRATION
Autumn Semester, Level 5 module
(Maximum 92 Students)
UCU: 20
Organiser: Dr Jibonayan Raychaudhuri
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:D4*E1
Exam Paper(hrs):2
Exam Period:SPR-02
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4002Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y & ECO-4006Y This
module tries to develop students’ understanding of the international economy. The module
tries to explain global flows of goods through international trade using a number of classical
“core models” of international trade theory and also some of the more recently developed
models of “New” trade theory. The module also deals with trade policy and its effects on
overall economic welfare and with controversial issues like strategic trade policy.
2017/8 - ECO-5006A INTRODUCTORY ECONOMETRICS
Autumn Semester, Level 5 module
(Maximum 296 Students)
UCU: 20
Organiser: Dr Susan Long
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:A9*D2
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4001B (or equivalent) This
module introduces students to some basic econometric techniques and the problems which
arise in their use. Students will have the opportunity to apply these techniques to a variety of
economic problems and estimate models with the aid of statistical software. Module topics
include Ordinary Least Squares estimation and the estimation of Limited Dependent Variable
models.
2017/8 - ECO-5007A INTERMEDIATE MICROECONOMICS
Autumn Semester, Level 5 module
(Maximum 311 Students)
UCU: 20
Organiser: Dr Amrish Patel
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:D7*D8
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-4005Y This is a module in
intermediate microeconomic theory. It is part of the compulsory core of the economic
undergraduate programme and builds on the concepts covered in Introductory
Microeconomics (ECO-4005Y). The module will focus on understanding consumer and firm
behaviour, choice under uncertainty, market competition and failure and strategic interaction.
The module aims to develop your understanding of key economic models, to develop your
skills in applying these models and to provide the framework for further study in Economics.
2017/8 - ECO-6001A LABOUR ECONOMICS
Autumn Semester, Level 6 module
(Maximum 54 Students)
UCU: 20
Organiser: Dr Matthew Aldrich
MODULE - 40% PASS ON AGGREGATE
Module Type: Coursework
Timetable Slot:E4*C6
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5001Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5001Y This module uses the
tools of economic analysis to examine the workings of the labour market. We consider a
range of topics: why do people work, what is the impact of immigration on domestic labour
markets, why do men earn more than women, is it worth joining a union, and what
explanations does economics offer for persistent unemployment? Having looked at the
relevant economic theory we use results from empirical studies to assess its heuristic value.
Finally, we use international comparisons to discover the impact of labour market institutions
and government. The coursework project gives you a chance to apply skills you have
developed throughout your degree to carry out your own research on a topical issue in the
labour market.
2017/8 - ECO-6002A DEVELOPMENT ECONOMICS
Autumn Semester, Level 6 module
(Maximum 54 Students)
UCU: 20
Organiser: Dr Sheheryar Banuri
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:C7*C8
Exam Paper(hrs):2
Exam Period:SPR-02
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5001Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5001Y This module covers
most of the central issues of concern for developing economies. It addresses the following
sorts of questions: What is development? Does economic growth ensure human
development? Why is child labour so prevalent in developing countries? How can a
developing economy achieve structural transformation? Why is agricultural growth crucial
for development? Can international trade provide growth opportunities to developing
countries?
2017/8 - ECO-6003A FURTHER ECONOMETRICS AND DATA ANALYSIS
Autumn Semester, Level 6 module
(Maximum 55 Students)
UCU: 20
Organiser: Dr Georgios Papadopoulos
MODULE - 40% PASS ON AGGREGATE
Module Type: Examination with Coursework or Project
Timetable Slot:B5*B6
Exam Paper(hrs):2
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5002Y
BEFORE TAKING THIS MODULE YOU MUST TAKE ECO-5002Y This module builds
on the material covered in the Applied Economic Analysis (AEA) module, providing students
with further econometric tools. These econometrics tools will not only help students enhance
their understanding of empirical work in macro and micro-economics, but will also allow
them to use modern econometric strategies to tackle a wide range of research questions. The
module covers two main econometric themes: time-series analysis, in the first 5 weeks, and
microeconometrics, in the next 6 weeks. This module will be very useful for students who
wish to undertake postgraduate studies, or for those who would like to build a career in a field
that requires statistical analysis.
2017/8 - ECO-6004A BUSINESS AND ECONOMICS OF SPORT
Autumn Semester, Level 6 module
(Maximum 250 Students)
UCU: 20
Organiser: Dr Peter Dawson
MODULE - 40% PASS ON AGGREGATE
Module Type: Coursework
Timetable Slot:A1*A2
Pre-requisites: Intermediate Microeconomics & Introductory Econometrics The professional
sports industry, exhibiting peculiar characteristics and an abundance of performance data,
provides (an almost) unique opportunity to test the theoretical principles that are presented in
business economics. This module explores how the underpinnings of sport can be used to
develop a deeper understanding of how economic analysis contributes to and improves upon
business, financial and commercial decision-making. Encompassing diverse approaches used
to analyse product and labour markets and assess the contribution of major sporting events,
focus is on policy evaluation and the development and evaluation of organisational rules and
regulations.