Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2005-2006 (archived)

Module ECON2121: INTERMEDIATE METHODS FOR ECONOMICS AND FINANCE

Department: ECONOMICS FINANCE AND BUSINESS (ECONOMICS AND FINANCE)

ECON2121: INTERMEDIATE METHODS FOR ECONOMICS AND FINANCE

Type Open Level 2 Credits 20 Availability Available in 2005/06 Module Cap None. Location Durham

Prerequisites

  • Elements of Economics (ECON1011) (Durham) AND Economic Methods (ECON1021) OR the British Economy (ECON1031), OR, Introduction to Economics (ECOS1031) (Queen's Campus, Stockton) and Quantitative Methods (ECOS1101) (Queen's Campus, Stockton).

Corequisites

  • None.

Excluded Combination of Modules

  • None.

Aims

  • To develop your critical understanding and knowledge of quantitative methods in economics and finance
  • To build on the skills obtained in Level 1, and provide a grounding for further study in Level 3
  • To provide you with the opportunity to participate in student-centred learning drawing on recent research
  • To offer you the opportunity to develop some key skills

Content

  • Using specific examples from Economics and Finance, the module develops key mathematical tools such as: matrix algebra, and differential and integral calculus.

Learning Outcomes

Subject-specific Knowledge:
  • At the end of the module, students should:
  • be familiar with mathematical techniques and their applications in economics and finance
Subject-specific Skills:
  • Being able to apply mathematical tools to solve problems in economics and finance
Key Skills:
  • Written Communication - e.g. through summative assessment.
  • Planning, Organization, and Time Management - e.g. by preparing for examinations.
  • Problem Solving and Analysis - e.g. by applying the necessary analytical and quantitative skills in intermediate methods in economics and finance in undertaking assessed work.
  • Numeracy - e.g. by applying core mathematical and statistical skills to answer a range of examination questions.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures, tutorials and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes and private study (inlcuding student-centred learning). Formative assessment is by means of one piece of written work of 1500 words. Summative assessment is by means of an unseen written examination of two and a quarter hours duration.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 22 1 per week 1 hour 22
Classes 8 Fortnightly 1 hour 8
Preparation and Reading 170
Total 200

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
one two-and-a-quarter-hour examination 100%

Formative Assessment:

1 set of problems

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University