The METAL Project  

Film Series One: Mathematical Review

In this series of films we review some basic ideas in mathematics. You may be familiar with these ideas but you need to be sure about them, as they are fundamental building blocks for what it to follow in a course of mathematics for economics. This programme will review the foundations to develop understanding of more advanced concepts. For example, how do people make choices when they are unsure about the outcome of their decisions? How do governments make decisions about which road building schemes are worthwhile.

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1.01 Understanding Fractions - Introduction

This film introduces the series and travels to a Rocky Mountain casino to explore probability in the context of playing cards. (Duration 14 minutes 16 seconds).

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1.02 Multiplying Fractions - Stonehenge

We consider the risks and uncertainties associated with the building of a tunnel under Stonehenge. (Duration 10 minutes 38 seconds).

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1.03 Percentages - Car Prices

This film examines car prices and their depreciation in order to check our understanding of percentages. (Duration 11 minutes 27 seconds).

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1.04 Percentages - The Big Mac Index

The Big Mac Index provides a way of understanding percentages in the context of international currency markets. (Duration 8 minutes 38 seconds).

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1.05 Powers - US Merger Policy

US Merger Policy with particular reference to supermarkets illustrates the use of powers. (Duration 6 minutes 57 seconds).

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1.06 Fractions, Percentages, and Powers Conclusion

A brief summary of elementary mathematical concepts and their usefulness in economics. (Duration 1 minute 47 seconds).

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1.07 Logarithms and Population Growth

We can use logarithms to understand population growth over time in the UK, and Mexico. (Duration 4 minutes 17 seconds).

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1.08 Logarithms and Population Decline

Bulgaria's population is falling. Logarithms help us to explore the size and significance of this decline. (Duration 4 minutes 50 seconds).

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1.09 Powers - Production Functions in Gold Mining and Oil Production

This film explores the relationship between costs and output in gold mining and oil through the use of power production functions. (Duration 14 minutes 57 seconds).

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1.10 Logarithms - Conclusion

A summary of our understanding of logarithms. (Duration 30 seconds).

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1.11 Algebra - Multiplier Effects in Poland

The multiplier effects of government expenditure on output and employment in Poland. (Duration 8 minutes 41 seconds).

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1.12 Algebra - Balanced Budget Multiplier in Germany

The multiplier effects of balanced budget expenditure in Germany where the government has increased taxes in the West to fund development of the East. (Duration 10 minutes 39 seconds).

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1.13 Conclusion

A summary of elementary concepts used in introductory economics. (Duration 52 seconds).

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University of BristolEconomics Subject Centre

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