The Applied Mathematics and Economics (AME) programme is a blend of mathematics and economics to provide the quantitative tools necessary for modern economic analysis and mathematical applications. The combination of both provides variety of important applications such as optimisation, operational research, predicting and forecasting of economic and financial health. The study involves developing problem-solving skills and applying them in financial and economic sectors for developments. Skill and knowledge gained from the study can be used to solve a broad range of issues related to economic development and financial crisis. For instance, statistical modelling of economic relationships and the effective use of the methods of testing of hypotheses to real-time data can be a solution to those issues.
The first year of the programme focus on building students’ knowledge of fundamental mathematical and economic tools. Examples include mathematics for economists, statistics and principles of economics. The latter years of the programme take these skills to an advanced level through the application of modern-day problem-solving techniques. Students will graduate with competence in a number of software packages including EVIEWS and MATLAB. This programme will thus aim to prepare students to make a strong contribution to the workforce.
Upon successful completion of this programme, graduates are able to:
Bachelor of Science (Hons) in Applied Mathematics and Economics
Programme length: 3 years
The aims of the programme are to:
Graduates from this programme can find employment in wide range of commercial sectors. They can be employed as system analysts, economic analysts or computer programmers. Graduates can be employed in the government or private sectors such as treasury, banks, insurance companies or any other departments that require mathematics and economics skills. The degree also provides a platform for entrepreneurship and/or further study at postgraduate level. Applied mathematics skill and knowledge have high social value and can also be used in other applications, e.g. computer science, actuarial science, city planning, climate science, and so on.
Applicants for admission to first degree programmes must satisfy the following minimum entry requirements:
The minimum admission requirements for this programme are:
AME programme has been designed in order to obtain accreditation from the Accreditation Board for Engineering and Technology (ABET) (Applied Sciences Unit) and/or Foundation for International Business Administration Accreditation (FIBAA).