Module description
This module will provide you with an in-depth introduction to major mathematics and statistics topics required for successful undergraduate study in the areas of Business Management and Economics. The module explores the principles of algebra and functions, exponentials and logarithms, matrices, differentiation, probability and statistics, and will focus on their application in business and economics. The module is delivered through a combination of theoretical lectures and problem-solving seminars. These will support you in manipulating your knowledge of key concepts so that you are able to apply them and discuss them in familiar contexts. This will also support you in beginning to understand more complex applications.
Assessment details
You are assessed through a combination of coursework (50%) and final exam (50%).
Educational aims & objectives
- To provide you with an understanding of the main functional areas of mathematics and statistics
- To develop an understanding of the use of relevant mathematical techniques and how to apply them in relevant contexts
Learning outcomes
By the end of the module, you will:
- Have the mathematical background knowledge to start a King's undergraduate degree in a range of Business and Finance subjects.
- Have the understanding of mathematical and statistical techniques to solve simple problems in these subjects.
- Understand which mathematical techniques are appropriate for any given simple problem.
- Be equipped to suggest ways to model mathematically simple concepts.
Suggested reading list
During your programme you will be required to do a lot of reading. It is not necessary to purchase all books, but you should try and ensure you have access to the following required textbooks:
- J. Curwin, R. Slater and D. Eadson, Quantitative Methods for Business Decisions, 7th Edition, Cengage Learning EMEA (2013); ISBN-13: 9781408064986
- E-book: Mathematics for Economics and Business; ISBN-13: 9781292191706