Reporter 20/11/02: Economics Tripos, Part I (New Regulations)

REGULATIONS FOR EXAMINATIONS: NOTICE BY THE GENERAL BOARD

The General Board give notice that, on the recommendation of the Faculty Board or other authority concerned, the regulations for certain University examinations have been amended as follows:

Economics Tripos, Part I (New Regulations)

SUPPLEMENTARY REGULATIONS

(Statutes and Ordinances, p. 277)

With immediate effect

The Faculty Board of Economics and Politics give notice that they have amended the detail for Paper 3 (Quantitative methods in economics) in Part I of the Economics Tripos as set out below:

Paper 3. Quantitative methods in economics

This paper will cover the application of simple statistical and mathematical techniques to a range of problems in economics. The written examination for the paper will be set in four sections, and will carry 80% of the total mark for the paper. The remaining 20% of the total mark will be accounted for by the submission of an essay on a topic in applied economics in accordance with Regulation 14.

Candidates are required to answer questions from all four sections of the written paper: the marks attached to each section, and the number of questions to be answered, will be shown on the question paper. Sections A and B of the paper will comprise a number of questions on mathematical techniques, and the application of these techniques to simple problems in economic theory. Section A will contain four short questions: candidates are required to answer all of these. Section B will contain a number of longer questions, from which candidates are required to answer one question. Sections C and D of the paper will deal with the manner in which statistics contributes to the study of economic problems and to the discussion of issues of public policy. The questions in these sections will test candidates' ability to perform relatively simple statistical derivations, to analyse problems in applied economics, and their knowledge of statistical sources. Section C will contain a number of short questions: candidates are required to answer four of these. Section D will contain a number of longer questions, from which candidates are required to answer one question. Statistical tables, and a list of the most important statistical formulae, will be provided.

A detailed schedule of the specific mathematical and statistical techniques covered in this paper will be published by the Faculty Board not later than the start of the Michaelmas Term of the academical year in which the examination is to be held.

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