This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Undergraduate Handbook 2012-2013 (archived)
Module ECON2121: INTERMEDIATE METHODS FOR ECONOMICS AND FINANCE
Department: Business School (Economics and Finance)
ECON2121: INTERMEDIATE METHODS FOR ECONOMICS AND FINANCE
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Open | 2 | 20 | Available in 2012/2013 | None. | Durham |
Pre-requisites
- Elements of Economics (ECON1011) AND EITHER Economic Methods (ECON1021) OR Core Maths A (MATH1012) OR Single Maths A (MATH1561) OR Maths for Engineers and Scientists (MATH1551) OR Foundation Maths (MATH1641).
Corequisites
- None.
Excluded Combinations
- 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 offer you the opportunity to develop some key skills
Content
- Using specific examples from Economics and Finance, the module develops key mathematical tools.
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 and tutorials. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study. Formative assessment is by means of a time-constrained closed-book test. Summative assessment is by means of a written examination.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures | 22 | 1 per week | 1 hour | 22 | |
| Classes | 8 | Fortnightly | 1 hour | 8 | Yes |
| Preparation and Reading | 170 | ||||
| Total | 200 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Examination | 100% | One written examination | 2 hours 15 minutes | 100% |
Formative Assessment
Time-constrained closed-book test.
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.