Quantitative Methods (Mathematical) I


The course aims to provide a sound training in mathematics for economists, which a masters student would be expected to cover, taking into account the prior experience of offering this course within the collaborating universities as well as the prevailing state of the art on the subject and the prevailing trends in reputable universities across the globe. The curriculum is designed to serve the needs in terms of mathematical skills of Masters Students in general economics. This part of the course puts emphasis on the teaching of mathematical techniques and programming required for standard Masters’ level economic analysis, but not on mathematical economics as a specialized branch of economics. This should not bar a department or the collaborative programme as a whole to offer an elective course in (advanced) mathematical economics, if so desired. 

More specifically, the objectives of this course are to equip students to be able to do the following: 

  • read and understand arguments in textbooks and journal articles using mathematical techniques commonly used in modern economic analysis;
  • grasp the relevance and use of modern mathematical techniques in their applications in theoretical and applied economics;
  • apply standard quantitative techniques to the analysis of economic phenomena and to conduct empirical research;
  • develop models in theoretical or applied work; and

understand the theoretical foundations of quantitative techniques