EF2452Mathematics for Economics and Finance

这门课学什么

课程简介

This course aims to equip students with a set of fundamental mathematical concepts underlying decision-making in economics and finance. It also aims to develop students’ creativity and originality through various assessment tasks and teaching and learning. The lectures encourage students to develop their discovery ability through in-class discussions, which enhance students’ understanding of mathematical concepts. Students are required to apply fundamental mathematical concepts to solve real world problems in designed scenarios. Only an accurate understanding of the underlying economic concepts can direct which mathematical tools can be applied to the situation. A final interpretation of the numerical solution with economic concepts shows the accomplishment of students’ ability to discover and innovate.

校方 PDF 第 1–2 页 · Abstract

课程内容

Keyword Syllabus Mathematical Concepts: Linear and Non-Linear Functions Systems of Equations Matrix and Linear Algebra Sequences and Series Calculus Univariate Optimization Optimization in Two Variables Constrained Optimization Applications: Consumption Functions Production & Costs Elasticity, Revenues and Profits Supply and Demand Discounting and Net Present Value Pricing of Risky Assets Input-output model

校方 PDF 第 6 页 · Keyword Syllabus

预期学习成果

查看校方学习成果与对应条件

Course Intended Learning Outcomes (CILOs)
               CILOs                                              Weighting (if DEC-A1          DEC-A2          DEC-A3
                                                                  app.)
1              Demonstrate proficiency over underlying             40              x             x
               fundamental mathematical tools in economics
               and finance.
2              Identify and apply the requisite quantitative      50              x             x               x
               techniques towards investigating decision-
               making in economics and finance.
3              Analyze economics and financial issues through 10                                 x               x
               a more quantitative approach and provide
               appropriate economic interpretation. Ability
               to innovate and broaden understanding of real
               world economic issues.

A1: Attitude
Develop an attitude of discovery/innovation/creativity, as demonstrated by students possessing a strong sense of curiosity,
asking questions actively, challenging assumptions or engaging in inquiry together with teachers.

A2: Ability
Develop the ability/skill needed to discover/innovate/create, as demonstrated by students possessing critical thinking skills
to assess ideas, acquiring research skills, synthesizing knowledge across disciplines or applying academic knowledge to
real-life problems.

A3: Accomplishments
Demonstrate accomplishment of discovery/innovation/creativity through producing /constructing creative works/new
artefacts, effective solutions to real-life problems or new processes.

校方 PDF 第 2 页 · Course Intended Learning Outcomes (CILOs)

我能不能修这门课

先修、建议先备和并修要求分别查看；等同及互斥条件也会影响选课。and 表示同时满足，or 表示备选；组合条件按下方原文分组阅读。

先修条件

无（校方注明 Nil）

校方 PDF 第 1 页 · Prerequisites

建议先备知识

无（校方注明 Nil）

校方 PDF 第 1 页 · Precursors

并修要求

所查阅的校方 PDF 和目录页均未列明该项。

其他修读要求

本页尚无已核实的这一项信息。

等同课程及条件

无（校方注明 Nil）

校方 PDF 第 1 页 · Equivalent Courses

互斥课程及条件

无（校方注明 Nil）

校方 PDF 第 1 页 · Exclusive Courses

怎么考，怎样才算通过

考核方式

Continuous assessment: 60%; Examination: 40%; Examination duration: 2 hours

各项考核占多少分

考核项目	比重	生成式 AI 使用	备注与限制
Midterm examinationCILO 2, 3	20%	否（No）	原表未列明
Assignments, Quizzes, and projectsCILO 1, 2, 3	40%	是（Yes）	You are not allowed to use Generative Artificial Intelligence Tools in an quiz(zes).

校方 PDF 第 3–5 页 · Assessment Tasks / Activities (ATs)

同一官方考核行将多项任务合并：GenAI 栏标为 Yes，备注明确禁止测验使用生成式人工智能。请按备注一并阅读。

查看校方原始考核表与使用要求

Assessment Tasks / Activities (ATs)
                     ATs                  CILO No.            Weighting (%)   Remarks ("-" for   Allow Use of
                                                                              nil entry)         GenAI?
1                    Midterm             2, 3                 20              -                  No
                     examination
                     The midterm
                     exams will include
                     questions that
                     require students to
                     identify and apply
                     the mathematic
                     tools to solve
                     optimization
                     problems in
                     economics and
                     finance.


2                    Assignments,         1, 2, 3    40   You are not          Yes
                     Quizzes, and                         allowed to use
                     projects                             Generative
                     Students will be                     Artificial
                     asked to complete                    Intelligence Tools
                     an in-course                         in an quiz(zes).
                     assessment which
                     may be in the
                     format of multiple
                     choice, short
                     questions, or long
                     questions. Students
                     must exercise and
                     apply their own
                     judgement using
                     the skills taught in
                     class in order to
                     analyse economics
                     and financial
                     issues through a
                     more quantitative
                     approach.The
                     assignments are
                     designed to help
                     students master
                     the mathematical
                     tools and let them
                     better understand
                     the economic
                     intuitions behind
                     mathematical
                     derivation. Projects
                     are assigned to
                     encourage students
                     to solve real
                     world economic
                     problems
                     or analyse
                     contemporary
                     hot issues. This
                     will stimulate
                     students’ interest
                     and let them get
                     experienced with
                     practical issues.

Continuous Assessment (%)
60

Examination (%)
40

Examination Duration (Hours)
2

Additional Information for ATs


Students are required to pass both coursework and examination components in order to pass the course.

通过条件

Must pass both coursework and examination components; no numeric threshold stated.

校方 PDF 第 5 页 · Additional Information for ATs