Mathematical Methods

The details
Colchester Campus
Postgraduate: Level 7
Thursday 08 October 2020
Friday 18 December 2020
25 September 2019


Requisites for this module



Key module for

MSC LN1412 Financial Economics and Accounting,
MSC L11012 Applied Economics and Data Analysis,
MSC L11024 Applied Economics and Data Analysis,
MSC L110UH Applied Economics and Data Analysis,
MRESL10012 Economics,
MSC L10012 Economics,
MSC L100UH Economics,
MSC L10312 Financial and Business Economics,
MSC L11112 Financial Economics,
MSC L16012 International Economics,
MSC L10412 Management Economics,
MSC L104JS Management Economics,
MRESL20624 Political Economy,
MPHDL10048 Economics,
PHD L10048 Economics,
MECNL131 Financial Economics,
MECNLB31 Financial Economics (Including Placement Year),
MECNLB32 Financial Economics (Including Year Abroad),
MECNL132 International Economics,
MECNLC32 International Economics (Including Placement Year),
MECNLC33 International Economics (Including Year Abroad),
MECNL133 Management Economics,
MECNL134 Management Economics (Including Placement Year),
MECNL135 Management Economics (Including Year Abroad)

Module description

The module explains a number of mathematical concepts and techniques which are fundamental to an understanding of modern economic theory. The topics covered include differential calculus, optimisation theory, convexity, sufficiency Theorems for optimality, differential equations and phase diagrams, optimal control theory and an introduction to dynamic programming.

Module aims

This module aims to provide students with the essential mathematical skills appropriate for Masters level modules in Economics. The focus is mainly on improving a student's problem solving skills, many applied economic examples are considered, both within lectures and in problem sets.

Module learning outcomes

By the end of the course, students should not only have a good understanding of optimisation theory, but also understand formally how economic arguments work and the role of equilibrium. Students are encouraged to work with each other when attempting the problem sets. The test will allow students to demonstrate their problem solving skills to solve real economic problems. Key employability skills include improved numeracy and analytic talents.

Module information

Compulsory for:
MSc in Economics, MSc in Financial and Business Economics, MSc in International Economics, MSc in Accounting and Financial Economics, and MSc in Applied Economics and Data Analysis.

Learning and teaching methods

One 2 hour lecture and one 1 hour class per week. Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.


This module does not appear to have a published bibliography.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework   Test     
Exam  120 minutes during Summer (Main Period) (Main) 

Overall assessment

Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better


Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better

Module supervisor and teaching staff
Prof Melvyn Coles, email:
Lectures: Prof Melvyn Coles / Classes: various teachers
For further information, send a message to



External examiner

Dr Francis Kiraly
Newcastle University
Lecturer Economics
Available via Moodle
Of 64 hours, 62 (96.9%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).


Further information

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

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