course-details-portlet

AR100919 - Mathematics for economists

About

New from the academic year 2019/2020

Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation Weighting Duration Grade deviation Examination aids
Written examination 100/100 4 hours HJELPEMIDD

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

Learning outcome - Knowledge:

The student
- knows and understands basic mathematical concepts
- knows and understands mathematical analysis of functions
- knows and understands mathematical modelling

Learning outcome - Skills:

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

Learning outcome - 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 and exercises 

Compulsory assignments

  • Mandatory assignment

Further on evaluation

Supporting material allowed on exams:
- a collection of mathematical formulas is attached to the exam
- approved calculator of type 2 according to the prevailing rules at NTNU Business School

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

Admission to a programme of study is required:
Business Administration (ÅØKADM)
Business Administration (ØA369)
Business Administration (ØABACHELOR)
Digital Business Development (ITBAITBEDR)
Science in Accounting and Auditing (ØABACHBRR)

Required previous knowledge

Fulfilling the requirements for the study programme

Course materials

Dovland, O.G. og P. Pettersen, Matematikk for økonomistudenter, Fagbokforlaget. With reservations.

Credit reductions

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

No

Facts

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

Coursework

Term no.: 1
Teaching semester:  AUTUMN 2019

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

Examination arrangement: Written examination

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn ORD Written examination 100/100 HJELPEMIDD 2019-11-28 09:00
Room Building Number of candidates
G317 Fagskolen 0
Gymsal Lab-bygg 0
Kreativ lab. L107 Lab-bygg 0
Summer UTS Written examination 100/100 HJELPEMIDD
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.
Examination

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

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