Economic Modeling with Applications

Education facts

Code: 2EC201

This course equips students with the core mathematical and econometric methods used by economists, both theoretical and practical. **Module 1: Mathematics for Economic Analysis (3 credits)** The module aims to give the students the mathematical tools essential for economic analysis. The module covers the fundamental mathematical concepts crucial for theoretical economic and econometric work. It explores mathematical concepts like functions, systems of equations, logarithms, derivatives, and optimisation. **Module 2: Modeling Data using Econometrics (7 credits)** The module aims to equip students with the econometric tools essential for economic analysis and have students develop the ability to apply these tools to solve economic problems and interpret results. This module is designed to provide a practical foundation in econometrics, focusing on hands-on applications. Students learn the essential tools (such as linear regression model and ordinary least squares) and gain the ability to analyse real economic data, making the concepts relevant.

Entry requirements

30 credits in economics and Mathematics 3b/3c or Mathematics Further level 1b or 1c or equivalent. Proficiency in English equivalent to the Swedish upper secondary course English 6/level 2.

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• Economic Modeling with Applications

  Umeå University

  Start date: 18 January 2027

  End date: 24 March 2027

  Pace of study: 67 %