Economics Quantitatively Treated 2
Area of Study
Calculus, Economics, Statistics
Taught In English
Previous study of mathematical economics such as EC4004 (or equivalent).
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units0
Hours & Credits
This module will encourage you to understand the benefits of using a mathematical and
statistical vocabulary and reasoning to analyse economic models.
Topics covered include:
? Multivariate calculus
? Constrained Optimisation
? Exponential and log functions
? Introduction to basic rules of matrix algebra. Solving systems of
? Statistical Inference and properties of estimators
? Basic linear regression model
? Multiple Regression model
? Regression diagnostics:
? Model specification errors
STUDY OPTION 1:
? An in-course portfolio of assignments: includes two class tests and a data
? Final Exam
STUDY OPTION 2/3:
? Alternative assessment
Study Option 1 = Whole Year
Study Option 2 = Autumn
Study Option 3 = Spring/summer
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Some courses may require additional fees.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Please note that some courses with locals have recommended prerequisite courses. It is the student's responsibility to consult any recommended prerequisites prior to enrolling in their course.