Modern economic theory has developed formal and analytical techniques using mathematical knowledge, tools of scientific discovery and statistics for understanding economic phenomena and modelling and analysing the real world. This course will help you grow familiar with formal and quantitative methods in economics, and train you to use graphs, equations and data to understand economic relationships.
You will learn how to build and solve problems using mathematical and statistical techniques and use these to make arguments and evaluate hypotheses about economic processes. We teach you how to use computer programmes to manipulate data and solve mathematical problems and evaluate arguments we encounter in the real world for their strength and weaknesses. These skills are important for more advanced courses in economics.