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Course Description
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Course Name
Introduction to Quantitative Techniques for Economics & Business
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Host University
University of Stirling
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Location
Stirling, Scotland
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Area of Study
Economics
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Language Level
Taught In English
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Prerequisites
Intermediate Microeconomics -
Course Level Recommendations
Upper
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.
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SCQF Credits
20 -
Recommended U.S. Semester Credits5
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Recommended U.S. Quarter Units7
Hours & Credits
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Overview
The mathematical treatment of the economic problem of optimisation subject to a constraint - elementaryalgebra; the concept of a derivative and a partial derivative; rules for calculating derivatives; simpleoptimisation and constrained optimisation; the economic application of the mathematical techniquescovered. The econometric estimation of a relationship between two economic variables - the principles anddifficulties of collecting data by sample surveys; methods of summarising and representing data, includingfrequency distributions, measures of location and dispersion and index numbers; the basic concepts ofprobability theory; the key concepts of statistical inference - point estimation, interval estimation andhypothesis testing; the method of least squares; the economic application of the statistical techniquescovered.
Course Disclaimer
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.
Please reference fall and spring course lists as not all courses are taught during both semesters.
Availability of courses is based on enrollment numbers. All students should seek pre-approval for alternate courses in the event of last minute class cancellations
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.