2019/20 Undergraduate Module Catalogue
LUBS1275 Mathematics and Statistics for Economics and Business 1A
10 creditsClass Size: 250
Module manager: Tad Gwiazdowski
Taught: Semester 1 View Timetable
Year running 2019/20
Pre-requisite qualificationsGCSE Maths Grade A or 7
This module is mutually exclusive with
|LUBS1630||Introductory Statistics for Business|
|MATH0111||Elementary Diff Calculus 1|
|MATH0365||Foundation Probability and Statistics|
|MATH1050||Calculus and Mathematical Analysis|
|MATH1400||Modelling with Differential Equations|
|MATH1710||Probability and Statistics I|
Module replacesLUBS1260 Mathematics for Economics and Business 1 (in full)LUBS1270 Statistics for Economics and Business 1 (in part)LUBS1280 Mathematical Economics (in part)
This module is not approved as a discovery module
Module summaryThis modules in an introduction to mathematics and statistical tools that are required to understand economics and business. It is intended to provide both an introduction to these tools for students with a less quantitative 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.
ObjectivesThis module aims to provide students with an introduction to core skills in the areas of mathematics and statistics that are fundamental to other taught topics undertaken as part of Leeds University Business School (LUBS) courses. It introduces the basic mathematical and statistical tools that are pre-requisites for understanding economics and business.
Upon completion of this module students will be able to:
- understand the fundamental techniques of mathematics and statistics associated with economics and business
- use and apply the techniques to economics and business examples
Upon completion of this module students will be able to :
- begin to apply logic to solve problems
- begin to utilise mathematics and statistics as tools to solve problems in economics and business
Algebra and functions;
One Variable Calculus;
Logarithms and exponentials;
Inequality and limits;
Introduction to probability; and
Data and descriptive statistics.
|Delivery type||Number||Length hours||Student hours|
|Private study hours||74.00|
|Total Contact hours||26.00|
|Total hours (100hr per 10 credits)||100.00|
Private studyStudents will be required to engage with the lecture and seminar material and, in particular, solve independently problems which will deepen their understanding of the material.
Opportunities for Formative FeedbackStudents will complete bi-weekly seminars and be given the opportunity for some formative feedback. Students will also be asked to complete questions in lectures and to engage with multiple choice questions throughout the semester.
Methods of assessment
|Exam type||Exam duration||% of formal assessment|
|Standard exam (closed essays, MCQs etc)||2 hr||100.00|
|Total percentage (Assessment Exams)||100.00|
The resit for this module will be 100% by 2 hour examination.
Reading listThe reading list is available from the Library website
Last updated: 30/04/2019
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