Staff member? Login here

Economics and Mathematics (Including Foundation Year)

Course overview

(BSc) Bachelor of Science
Economics and Mathematics (Including Foundation Year)
Current
University of Essex
University of Essex
Essex Pathways
Colchester Campus
Honours Degree
Full-time
Mathematics, Statistics and Operational Research
Economics
BSC LG18
http://www.essex.ac.uk/students/exams-and-coursework/ppg/ug/default.aspx
15/04/2017

UK and EU applicants should have, or expect to have:

72 UCAS tariff points from at least two full A-levels, or equivalent.

Examples of the above tariff may include:

  • A-levels: DDD
  • BTEC Level 3 Extended Diploma: MMP

All applicants must also hold GCSE Maths and Science at grade C/4 or above.

Essex Pathways Department accepts a wide range of qualifications from applicants. If you are unsure whether you meet the entry criteria, please get in touch for advice.

Essex Pathways Department is unable to accept applications from international students. Foundation pathways for international students are available at the University of Essex International College and are delivered and awarded by Kaplan, in partnership with the University of Essex. Successful completion will enable you to progress to the relevant degree course at the University of Essex.

English language requirements for applicants whose first language is not English: IELTS 5.5 overall. Specified component grades are also required for applicants who require a Tier 4 visa to study in the UK.

Other English language qualifications may be acceptable so please contact us for further details. If we accept the English component of an international qualification then it will be included in the information given about the academic levels required. Please note that date restrictions may apply to some English language qualifications

If you are an international student requiring a Tier 4 visa to study in the UK please see our immigration webpages for the latest Home Office guidance on English language qualifications.

If you do not meet our IELTS requirements then you may be able to complete a pre-sessional English pathway that enables you to start your course without retaking IELTS.

Additional Notes

Our Year 0 courses are only open to UK and EU applicants. If you’re an international student, but do not meet the English language or academic requirements for direct admission to your chosen degree, you could prepare and gain entry through a pathway course. Find out more about opportunities available to you at the University of Essex International College.

External Examiners

Dr Tania Clare Dunning
The University of Kent
Reader in Applied Mathematics

External Examiners provide an independent overview of our courses, offering their expertise and help towards our continual improvement of course content, teaching, learning, and assessment. External Examiners are normally academics from other higher education institutions, but may be from the industry, business or the profession as appropriate for the course. They comment on how well courses align with national standards, and on how well the teaching, learning and assessment methods allow students to develop and demonstrate the relevant knowledge and skills needed to achieve their awards. External Examiners who are responsible for awards are key members of Boards of Examiners. These boards make decisions about student progression within their course and about whether students can receive their final award.

Key

Core You must take this module You must pass this module. No failure can be permitted.
Core with Options You can choose which module to study
Compulsory You must take this module There may be limited opportunities to continue on the course/be eligible for the degree if you fail.
Compulsory with Options You can choose which module to study
Optional You can choose which module to study

Year 0 - 2019/20

Component Number Module Code Module Title Status Credits
01 IA112-3-FY Essential Mathematics Core 30
02 IA193-3-FY Research and Academic Development Skills Core 30
03 IA115-3-FY Mathematical Methods and Statistics Core 30
04 IA106-3-FY Introduction to Economics Core 30

Year 1 - 2020/21

Component Number Module Code Module Title Status Credits
01 EC111-4-FY Introduction to Economics Core 30
02 MA101-4-FY Calculus Core 30
03 MA108-4-SP Statistics I Core 15
04 MA114-4-AU Matrices and Complex Numbers Core 15
05 MA126-4-SP Financial Mathematics Compulsory 15
06 MA181-4-AU Discrete Mathematics Compulsory 15
07 MA199-4-FY Mathematics Careers and Employability Compulsory 0

Year 2 - 2021/22

Component Number Module Code Module Title Status Credits
01 EC201-5-FY Macroeconomics (Intermediate) Compulsory 30
02 EC202-5-FY Microeconomics (Intermediate) Compulsory 30
03 MA203-5-AU MA203-5-SP Compulsory 15
04 MA202-5-SP Ordinary Differential Equations Compulsory 15
05 MA200-5-AU Statistics II Compulsory 15
06 MA205-5-SP or MA210-5-AU Compulsory with Options 15
07 MA199-5-FY Mathematics Careers and Employability Compulsory 0

Year 3 - 2022/23

Component Number Module Code Module Title Status Credits
01 Maths option from list Optional 15
02 MA311-6-SP Mathematics of Portfolios Compulsory 15
03 Level 6 Economics option from list Optional 15
04 Level 6 Economics option from list Optional 15
05 Level 6 Economics option from list Optional 15
06 Level 6 Economics option from list Optional 15
07 MA831-6-FY or MA830-6-AU or MA830-6-SP plus one option from list Optional 30
08 MA199-6-FY Mathematics Careers and Employability Compulsory 0

Exit awards

A module is given one of the following statuses: 'core' – meaning it must be taken and passed; 'compulsory' – meaning it must be taken; or 'optional' – meaning that students can choose the module from a designated list. The rules of assessment may allow for limited condonement of fails in 'compulsory' or 'optional' modules, but 'core' modules cannot be failed. The status of the module may be different in any exit awards which are available for the course. Exam Boards will consider students' eligibility for an exit award if they fail the main award or do not complete their studies.

Programme aims

The aims of this course are:

To enable students to acquire a broad understanding of economics and mathematics.

To equip students with the knowledge and skills that are currently in demand in mathematically oriented employment in business, commerce, industry, government service, the field of education and in the wider economy.

To provide students with an academic training in the principles of economics.

To foster in students an appreciation of the appropriate level of abstraction and simplification needed to explore a range of economic issues.

To develop in students the ability to construct logical arguments and to communicate arguments clearly in writing.

To provide students with a foundation for further study and research.

To produce graduates who are mathematically literate and capable of producing a logical argument.

To provide teaching which is informed and enhanced by the research activities of the staff.

To encourage in students the acquisition of autonomous study skills and the adoption of an investigative approach to tackle problems in economics and mathematics to ensure their continuing professional development.

To allow students to acquire critical, analytical and research skills, problem-solving skills, and transferable skills.

To provide students with a foundation for further studies in economics, mathematics and allied disciplines.

Learning outcomes and learning, teaching and assessment methods

On successful completion of the programme a graduate should demonstrate knowledge and skills as follows:

A: Knowledge and understanding

A1 Knowledge and understanding of the basic mathematical methods and techniques of linear mathematics, calculus and statistics that underpin the study of more advanced mathematical ideas.
A2 Knowledge and understanding of some of the ideas and methods used in the proof of results in mathematics and familiarity with some specific examples.
A3 Knowledge and understanding of computer programming and mathematical computer packages, and experience in their use.
A4 Knowledge and understanding of the use of mathematics for modelling in economics, and as an investigative tool for the solution of practical problems.
A5 Knowledge and understanding at an introductory level of the central areas of mathematics, statistics and other modelling processes, and of applications to economics and other disciplines.
A6 Knowledge and understanding gained through the study at an advanced level of one or more areas of economics and mathematics.
A7 Knowledge of the fundamental principles of economics, including microeconomics and macroeconomics.
A8 Understanding of the application of economic reasoning to the study of relevant problems and policies.
Learning Methods: Lectures are the principal method of delivery for the concepts and principles involved in A1 - A8.

Students are also directed to reading from textbooks, academic journal papers and material available online.

Understanding is reinforced by means of classes (A1 - A8), laboratories (A3, A4, A5) and essays and assignments (A1 - A8).

Lectures and classes in final year courses are particularly important to enable students to achieve A6.
Assessment Methods: Achievement of knowledge outcomes is assessed through unseen closed-book examinations (A1 - A8), and also, in some modules, through marked assignments and tests (A1 - A8), term papers (A6 - A8) project reports and oral examinations.

Achievement of knowledge and understanding is assessed through marked assignments (A7, A8), tests (A7, A8), term papers (A6 - A8) and project work (A6 - A8).

Formative assessment in mathematics is provided by regular problem sheets.

B: Intellectual and cognitive skills

B1 Analyse a specified problem and choose the most suitable methods and tools for its solution.
B2 Assess the relative merits of a range of theories, techniques and tools needed for a problem's solution or to articulate arguments and policies.
B3 Synthesise and interpret information from a range of sources (lectures, classes, journals, books, etc.) developing a critical evaluation of the importance and relevance of the sources to an area of study.
B4 Construct reasoned, informed and concise descriptions and assessments of economic ideas.
Learning Methods: The basis for intellectual skills is provided in lectures, and the skills are developed by means of recommended reading, guided and independent study, and assignments.
Outcome B1 is developed particularly in exercises designed for core economic theory, mathematics and quantitative methods classes.
Students’‘ acquisition of intellectual and cognitive skills, B1 - B4, is enabled primarily through lectures and further sustained via classes.
Outcomes B2 - B4 are key elements in students’‘ preparation for assignments.
Supervision and guidance for term paper study are especially important in providing opportunities for students to acquire B2 - B4.
Assessment Methods: Achievement of intellectual/cognitive skills is assessed through marked assignments (especially B1 and B3), tests (especially B1), term papers (especially B2 - B4), and unseen closed-book examinations (especially B1, B2 and B4).

C: Practical skills

C1 Use computational tools and packages.
C2 The ability to apply a rigorous, analytic, highly numerate approach to a problem.
C3 Identify, select and gather information, using the relevant sources.
C4 Organise ideas in a systematic way.
C5 Present economic ideas and arguments coherently in writing.
C6 Use and apply economic terminology and concepts.
Learning Methods: The practical skills of mathematics are developed in exercise classes, laboratory classes, assignments and project work.

C1 is acquired through the learning of at least one programming language and the use of a number of computer packages, as a part of the teaching of modules for which they are relevant.

C2 is acquired and enhanced throughout the programme.

C3 is developed via directed reading from textbooks and academic journal articles together with searches for online materials.

C4 is acquired during lectures and classes, and as a consequence of studying module materials.

C5 is articulated in the preparation of assignments and term papers.

C6 is developed in classes and is emphasised in the preparation of assignments and term papers.
Assessment Methods: Achievement of practical skills C1 - C6 is assessed directly through marked assignments, tests, term papers and unseen closed-book examinations.

Skill C4 is assessed indirectly via assignments, term papers, projects and final examinations.

D: Key skills

D1 Communicate effectively, both mathematical arguments and textual accounts of ideas, evidence and critical assessment in mathematics and economics
D2 Use appropriate IT facilities as a tool in the analysis of mathematical problems.
D3 Use mathematical techniques correctly.
D4 Analyse complex problems and find effective solutions.
D5 Capacity to organise and implement a plan of independent study.
Learning Methods: Students are guided in lectures, classes and individual advice from teachers in acquiring skills D1 - D5.

D1 is practised throughout the course in the writing of solutions to mathematical problems, both for assessment and as exercises.

D1 and D2 are developed in group and individual project work.

D2 is also developed through the use of computer packages.

D3 and D4 are reinforced through the quantitative methods sequence of modules and the mathematics element in the programme, where they are developed in exercises and assignments throughout the scheme.

D5 is developed through homework assignments, and is enhanced as students reflect upon the knowledge they need.

Only minimal formally assessed requirements for the completion of the programme are listed here.

In reality, the overwhelming majority of economics and mathematics students acquire a much broader range of key skills, and at greater depth, in ways that are integrated seamlessly throughout their studies of the subject.
Assessment Methods: D1 and D4 are assessed through marked assignments, tests, term papers, projects and unseen closed-book examinations.

D2 is assessed primarily through coursework.

Assessment of the key skills D3 - D5 is intrinsic to subject based assessment.


Note

The University makes every effort to ensure that this information on its programme specification is accurate and up-to-date. Exceptionally it can be necessary to make changes, for example to courses, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements, industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to courses may for example consist of variations to the content and method of delivery of programmes, courses and other services, to discontinue programmes, courses and other services and to merge or combine programmes or courses. The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications.

The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.

Should you have any questions about programme specifications, please contact Course Records, Quality and Academic Development; email: crt@essex.ac.uk.