Dr J. Thomson. Second semester Three hours a week of seminars / lectures / tutorials. 316-129 Business Statistics or 316-130 Quantitative Methods 1. Pre or co requisite: 316-202 Intermediate Microeconomics. This subject is not available to students who have previously passed 316-313 Microeconomics. On completion of this subject students should:

• understand how economic questions can be formulated using mathematics;
• be able to write down and manipulate mathematical models of the consumer and producer;
• be able to use differential and difference equations to examine the dynamic properties of microeconomic and macroeconomic models;
• have some appreciation of the concept of duality in economics.

The subject will cover (in mathematical terms) many of the areas treated more intuitively in introductory courses in macroeconomics and microeconomics - e. g. macroeconomic dynamics, consumer demand, the theory of the firm, and imperfect competition. A 2-hour end-of-semester examination (80 per cent) and tutorial exercises of up to 30 pages in total (20 per cent). Hands D Introductory Mathematical Analysis D C Heath and Co or Chiang A Fundamental Methods of Mathematical Economics McGraw Hill