ADVANCED MATHEMATICS AND ECONOMICS
The Advanced Maths and Economics pathway is designed for students with an interest in studying a more pure Economics course at university. The Advanced Maths content also allows for opportunities in Computer Science.
Students on this pathway have received offers for courses such as Economics & Maths at the University of Bath and Financial & Business Economics at Royal Holloway, University of London.
With a focus on logic and quantitative skills, career options are not limited to Economics. Students have also received offers for other Maths-based courses at university including Computer Science at King’s College London and the University of Sussex.
In addition to the common Key Components Strand, students will study the following subject components:
ADVANCED MATHEMATICS I (FACULTY OF MATHEMATICS)
More than ever before in human history, we are building. In addition to physical structures and complex machinery, we are building in the virtual world. Engineers need to be able to address the needs of the future. Advanced Mathematics 1 equips learners with the core skills required to embark on further study of this dynamic field.
- Quadratic Functions and Inequalities
- Exponential and Logarithmic functions
- Transformations of Graphs
- Coordinate Geometry
- Radian measures, Trigonometric Functions and Equations
- Differentiation including parametric equations
Assessment Method: Written assignment.
ADVANCED MATHEMATICS II (FACULTY OF MATHEMATICS)
Building on prior study, in Advanced Mathematics II students will expand their knowledge and skills gained and apply them to more complex issues. This module demands an analytical and synthetic approach that allows learners to develop engineering knowledge, skills, imagination and experience to the highest levels in readiness for their future studies and career.
- Partial fractions
- Binomial Expansion
- Arithmetic and Geometric series
- Integration including parametric equations and differential equations
- Vectors in two and three dimensions
- Numerical Methods
Assessment Method: Written assignment.
PRINCIPLES OF ECONOMICS (FACULTY OF SOCIAL SCIENCES)
Principles of Economics (Faculty of Social Sciences)
In the light of the global financial crisis, Economics continues to be the key discipline that students need to understand the world we live in today. ‘Principles of Economics’ will cover the basics of Micro and Macro Economics that students will need to begin to understand and critically engage with the world around them.
- Factors of production
- Opportunity cost
- Production possibility frontiers
- Demand and consumer surplus
- Elasticities of demand
- Supply and producer surplus
- Price elasticity of supply
- Circular flow of income
- Economic growth
- Inflation
- Unemployment
- Current account on the balance of payments
- Fiscal policy
- Monetary policy
- Supply side policies
- Aggregate supply and aggregate demand
- Conflicts of economic policy and objectives
Assessment Method: Written exam.
THE GLOBAL ECONOMY (FACULTY OF SOCIAL SCIENCES)
In a world that is more connected and interlinked more than ever before, the growth of international trade, multi-national corporations and improvements in technology are changing how markets interact. In ‘The Global Economy’ students will study some of the key reasons and effects of these changes and be equipped with the tools to be difference makers in the new global economy.
- Globalisation
- International trade
- Protectionism
- Development economics
- Multi-National corporations
- Exchange rate systems
- Economic integration and monetary union
- Balance of payments
Assessment Method: Written exam
