QM 2 course with Adrian was extremely helpful & I would recommend everyone to take this course at Success Formula!
Quantitative Methods I Online Platform
Quantitative Methods I
What’s included
Everything for your exam in one place, online and at your own pace: the Weekly Meetings recorded in short clips, a summary of every topic, exam-like questions to practise and past exam questions — each one explained, with a link to the summary you need to study.
- Clips: Short clips from the Weekly Meetings.
- Summaries: The key points of every topic.
- Practice Questions: Exam-like questions to practise.
- Past Exam Questions: Questions from previous exams, sorted by topic.
- Explanations: Every answer explained, with a link to the summary of its topic.
Finished the content of the week with Weekly Meetings or self-study? This training makes you take an exam with exam style questions of this week and previous weeks and then go through the results.
- Running from week 2 to week 7.
- Write a real exam-style exam: Written by your tutor.
- Step-by-step solutions: We guide you through answers in a clear, intuitive way.
- Exam hacks & pitfalls: Learn to avoid classic mistakes.
- Slides included: All content saved in your Success Formula account.
- 💳 Slides available in your Success Formula account
- ✅ Covered by our “satisfied or reimbursed” policy
What we cover
- Maths
- Type of functions (overview)
- Slope & intercept
- Point-slope formula
- Linear functions in economics
- Building a demand function
- Form & intercept
- Convex vs concave
- Sketching a parabola
- Quadratic formula (PQ & ABC)
- Graph shifts & transformations
- Domain & range
- Rules (roots, fractions, logs)
- Exercises
- Stats
- Categorical vs quantitative
- Categorical data (bar, pie)
- Histograms: shape, centre, spread
- Analysing histogram shapes
- Mean, SD, median, range
- When to use mean vs median
- Box plot (worked example)
- Linear transformations
- Maths
- Cubic & polynomial functions
- Power functions (exponent r)
- Exponent rules
- Roots as fractional powers
- Binomial formulas
- Exponent-rule exercises
- Exp & log functions
- Logarithm rules
- Solving log & exp equations
- Applied (compound interest)
- Hard exam question
- Factorising & expanding
- Limits via factorising
- Limit exercise
- Inverse functions: concept
- Inverse graphically (mirror in y = x)
- Inverse of the demand function
- Stats
- Develop research hypotheses
- Experiments vs observational studies
- Within- vs between-subjects designs
- Comparing groups on a quantitative variable
- Population vs sample
- Sampling biases
- Sampling methods
- Stratified-sample exercise
- Maths
- The derivative: slope & difference quotient
- Worked difference-quotient example
- Power rule
- Constant & sum rule
- Exercises (roots, fractions)
- Rate of change
- Max production (economics)
- Elasticity (price elasticity)
- Abstract elasticity exam question
- Stats
- Law of large numbers
- Independence vs mutually exclusive
- Basic rules & complement
- Multiplication & addition rules
- Marginal, joint, conditional
- General multiplication rule
- General addition rule
- Addition-rule worked example
- Decision-tree exercise
- Discrete vs continuous random variables
- Expected value & variance (discrete)
- Maths
- Product rule
- Quotient rule
- Chain rule
- Exponentials
- Logarithms (ln)
- Combined exercise (product inside ln)
- ln-division derivative exercise
- Differentiating the inverse
- Second derivative
- Summary of all derivative rules
- Stats
- Binomial as a model
- Negative binomial
- Geometric
- Binomial or geometric model
- Normal distribution & 68-95-99.7 rule
- z-score
- The z-table
- Standard normal & standardising
- z-score exercises (train / height)
- Binomial approximation to normal
- Maths
- Finding max/min with the derivative
- First-derivative test
- First-order condition
- Second-derivative test (worked x²eˣ)
- Applied: max production
- Where production stops (quadratic formula)
- Concavity vs convexity
- Inflexion points
- Concavity-condition exam Q
- Counting inflexion points exam Q
- Increasing/decreasing + convex/concave exam Q
- Stats
- Sampling distribution & central limit theorem
- Parameters vs estimates (μ/σ vs ȳ/s)
- Proportions: p, q, standard error
- CI concept + margin of error
- Precision vs certainty
- Worked CI for a proportion
- Interpreting a CI
- Sample-size determination
- Effect of confidence level on width
- CI for a mean (t-distribution)
- Worked CI for a mean
- Narrowest-CI exam question
- Sample-size for a mean
- Maths
- Functions of two variables: Concept
- Cobb-Douglas function
- Domain in two variables (circles / ellipses)
- Domain exercise
- Level curves: Concept + circle
- Level curves: Worked example (point E,1)
- Level curves: Find unknown A
- Level curves: Exam Q (which transformation changes shape)
- Partial derivatives: First & higher order
- Partial derivatives: Exercise
- Partial elasticity (+ exam Q)
- Harder partial-elasticity Q (quotient, wrt y)
- Marginal products; complements vs substitutes
- Linear approximation / total differential
- Stats
- Intro: null/alt, court analogy
- Null/alt, z vs t
- Setting up hypotheses
- One- vs two-sided tests
- When to reject: critical value vs p-value
- p-value interpretation exam Q
- Relation with confidence interval
- Type I / Type II error & power
- Maths
- First-order conditions
- Second-order conditions (criterion/Hessian, saddle points)
- Worked example (find & classify stationary points)
- Counting stationary points exam Q
- Convex/concave for two-variable functions
- Constrained optimisation (substitution)
- Constrained-optimisation exam Q
- Stats
- t-table & degrees of freedom (z vs t)
- Test statistic (z for proportion, t for mean)
- t-test (Red Bull)
- t-test (housing deposits)
- z-test for a proportion (bike GPS)
- Assumptions (z-test & t-test)
- Assumptions/conditions for a proportion CI
What people say about us
The weekly meetings give you a new perspective and really make you understand the subjects.
Great experience with the weekly meeting! Can only recommend it to everybody even if it's just to give you that last confidence boost.
Success formula is a really helpful tool. If you need to have a global vision of the subject and exam questions you won't be disappointed.
Success Formula: prepared tutors, helpful tool to get a great preparation, and nice atmosphere in class what else? I absolutely recommend it!
The tutors are awesome and the slides are really helpful. If you need some help to understand your courses, I think it's the best way to success !
