Dr Pascal Michaillat STC S.484, Dr Francesco Nava STC S482 and Dr Marcia Schafgans STC.S583

This course is compulsory on the MRes in Economics (Track 1), MRes in Economics (Track 2), MRes/PhD in Finance (Route 1), MSc in Econometrics and Mathematical Economics, MSc in Econometrics and Mathematical Economics (2 Year Programme), MSc in Econometrics and Mathematical Economics (Research), MSc in Economics, MSc in Economics (2 Year Programme), MSc in Economics (Research), MSc in Economics and Managment and MSc in Finance and Economics. This course is available with permission as an outside option to students on other programmes where regulations permit.

The aim of this pre-sessional course is to provide students with the essential mathematical, statistical, economic and econometric background for the core Economics courses of these programmes. The course starts with mathematics revision sessions and progresses to sections covering mathematics for microeconomics, mathematics for macroeconomics, and probability and statistics. MSc Finance and Economics students attend lectures on quantitative methods for finance instead of the mathematics for macroeconomics. MSc Management and Economics students attend lectures on literacy in accounting instead of the mathematics for macroeconomics.

Approximately 25 hours lectures and 36 hours classes during September.

Students will be advised of recommended readings in the Summer.

Exam (100%, duration: 0 minute) as part of modular teaching.

Students will be required to complete a set of self-testing exercises during the course. At the end of the course, students will be examined in mathematics for microeconomics and macroeconomics, and in probability and statistics. Students on MSc Management and Economics and MSc Finance and Economics are examined on statistics, and two mathematics modules (revision mathematics and mathematics for microeconomics). All other students are examined on statistics, and three mathematics modules (revision mathematics, mathematics for microeconomics and mathematics for macroeconomics). Students wishing to continue studying Economics MSc-level courses must achieve an overall grade of 50% in EC400 with no one subject exam less than 40%. Students wishing to study MRes-level courses must achieve an overall grade of 70% with no one subject exam less than 60%. Application for EC400 must be made to the Dept of Economics by the end of June.