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2017/18 Undergraduate Module Catalogue

LUBS1260 Mathematics for Economics and Business 1

10 creditsClass Size: 250

Module manager: Tadeusz Gwiazdowski
Email: T.Gwiazdowski@leeds.ac.uk

Taught: Semester 1 View Timetable

Year running 2017/18

Pre-requisite qualifications

GCSE Math Grade A

This module is mutually exclusive with

LUBS1535Excel for Business Analytics
MATH0111Elementary Diff Calculus 1
MATH0212Elementary Integral Calculus (Version 1)
MATH0360Introduction to Applied Mathematics 1
MATH0365Foundation Probability and Statistics
MATH0370Introduction to Applied Mathematics 2
MATH0380Foundation Applied Mathematics for Business
MATH1050Calculus and Mathematical Analysis
MATH1400Modelling with Differential Equations

This module is not approved as a discovery module

Module summary

This module covers topics including basic algebra, functions, differentiation, maxima and minima, curve sketching, partial differentiation, Integration, logarithms and exponentials, optimal timing, and analysis, limits and continuity. It is intended to provide both an introduction to these topics for students with a less mathematical background and a refresher for those looking to enhance their existing understanding of fundamental mathematical methods.PLEASE NOTE: This module is NOT available to any students on single or joint honours programmes in Mathematics.

Objectives

This module aims to provide students with core skills in areas of mathematics fundamental to other taught topics undertaken as part of first and second year Leeds University Business School (LUBS) courses. It introduces the basic mathematical and statistical tools that are pre-requisites for understanding economics and business.

Learning outcomes
Upon completion of this module students will be able to recognise:
- fundamental elements of mathematical theorem associated with basic mathematical and statistical tools
- economics, accounting and industrial studies literature that utilises the mathematical theory

Skills outcomes
Upon completion of this module students will be able to:
Transferable
- think critically

Subject specific
- utilise applied mathematics as a problem solving tool
- solve common accounting, economics, and finance problems using mathematics methods that require the application of algebra, calculus and optimal timing


Syllabus

Indicative content:
Basic algebra; functions; differentiation; maxima and minima; curve sketching; partial differentiation; Integration; logarithms and exponentials; optimal timing; and analysis, limits and continuity.

Teaching methods

Delivery typeNumberLength hoursStudent hours
Lecture201.0020.00
Tutorial51.005.00
Private study hours75.00
Total Contact hours25.00
Total hours (100hr per 10 credits)100.00

Private study

Student will be required to engage with the lecture and tutorial material and in particular solve independently problems which will deepen their understanding of the material.

Opportunities for Formative Feedback

Students will complete weekly workshop exercises, periodic tests and will also be given the opportunity to attempt mock examinations. Comments and marks received for these tests are not part of the formal module-exam, and are intended solely to assist students with their exam preparations.

Methods of assessment


Exams
Exam typeExam duration% of formal assessment
Standard exam (closed essays, MCQs etc)1 hr 30 mins100.00
Total percentage (Assessment Exams)100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 14/09/2017

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