AR100919 - Mathematics for Business


Examination arrangement

Examination arrangement: Home examination
Grade: Passed/Failed

Evaluation form Weighting Duration Examination aids Grade deviation
Home examination 100/100 4 hours

Course content

The course treats basic mathematical concepts and methods of analysis and supports the appropriation of

mathematical representations in other parts of the study programme. The following themes will be treated:

- Elementary algebra (including solving equations and systems of equations)

- Functions of one variable (including polynomial functions, rational functions, exponential functions, logarithmic

functions and compound functions)

-Differentiation and application of differentiation. Problems related to maximum and minimum

- Implicit differentiation and elasticities

- Sequences, series and sums (including arithmetical series, geometric series, infinite series and convergence)

- Finance mathematics (including savings, present value, loan, annuities)

- Integration (only for simple polynomial- and natural exponential functions)

- Functions of several variables (including Cobb-Douglas functions)

- Partial differentiation. Problems related to maximum and minimum for functions of several variables

- Lagranges method

Learning outcome


The student

- knows and understands basic mathematical concepts

- knows and understands mathematical analysis of functions

- knows and understands mathematical modelling


The student

- masters a wide range of algebraic operations

- is able to analyze different types of mathematical functions

- is able to use mathematics and mathematical models to analyze economic problems

General competence:

The student

- has developed an ability for logical thinking

- has a understanding of the possibilities of mathematics and its limitations as a tool in economic problems

Learning methods and activities

Lectures, exercises, a small preparatory course and supplementary lectures for students who feel that their previous knowledge in mathematics is insufficient.

Compulsory assignments

  • Mandatory assignment

Further on evaluation

Supporting material allowed on exams:

- A collection of mathematical formulas is attached to the exam

- Approved calculator regarding NTNUs support material code B-D "specific basic calculator". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.


Work requirements must be approved in order to gain admission to the exam. Form and extent of the work requirements is specified at the start of the term.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Biomarine innovation (298BMI)
Business Administration (ÅØKADM)
Business Administration (ØA369)
Business Administration (ØABACHELOR)
Digital Business Development (ITBAITBEDR)
Marketing, Innovation and Management (359ML)
Science in Accounting and Auditing (ØABACHBRR)

Course materials

Syllabus: Dovland, O.G. and P. Pettersen 2015. Matematikk for økonomistudenter, 2. utg. Bergen: Fagbokforlaget. This may be subject to modification.

Credit reductions

Course code Reduction From To
SØK1001 7.5 01.09.2019
AR100914 7.5 01.09.2019
REA1131 5.0 01.09.2019
ME110 6.0 01.09.2019
MET8002 7.5 01.09.2019
MET1001 7.5 01.09.2019
More on the course



Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I


Term no.: 1
Teaching semester:  AUTUMN 2020

Language of instruction: Norwegian

Location: Ålesund

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Department of ICT and Natural Sciences



Examination arrangement: Home examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Home examination 100/100

Release 2020-12-10

Submission 2020-12-10

Release 09:00

Submission 13:00

Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU