ECON1008 - Introduction to Mathematics for Economics II

Term 2

To consolidate the mathematics background needed for the rest of the degree programme at a level appropriate for economics specialists.


  • Ability to analyze simple economic models of constrained optimization and interpret various mathematical parameters in an economically meaningful fashion (e.g. Lagrange multipliers as shadow prices)
  • Ability to analyze both linear and nonlinear dynamic economic models, to find steady states and discuss stability properties.
Taught by:
Malcolm Pemberton
Assessment: 20 lectures, 10 demonstration classes and 5 compulsory tutorial classes with accompanying exercises - students must complete 4 problem sets during the term. Final assessment is a 3-hour unseen written examination in Term 3 comprising material covered in both ECON1004 and ECON1008.
Suitable for:
Compulsory for 1st Year Economics (L100) students.
Students must also take ECON1004.
Module Evaluation (Previous year): ECON1008
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