Course - Mathematics for Business - REA1153
REA1153 - Mathematics for Business
Examination arrangement: School exam
Grade: Letter grades
|Evaluation||Weighting||Duration||Grade deviation||Examination aids|
|School exam||100/100||4 hours||D|
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
- knows and understands basic mathematical concepts
- knows and understands mathematical analysis of functions
- knows and understands mathematical modelling
- 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
- 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
- Work Requirements
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.
Compulsory activities from previous semester may be approved by the department.
Admission to a programme of study is required:
Business Administration (ÅØKADM)
Business Administration (ØABACHELOR)
Business Administration and Management (BØKLED)
Digital Business Development (ITBAITBEDR)
Recommended previous knowledge
A good foundation in mathematics (S1 + S2/R1 or equivalent) is recommended.
Syllabus: Dovland, O.G. and P. Pettersen. Matematikk for økonomistudenter, last edition. Bergen: Fagbokforlaget. This may be subject to modification.
Credits: 7.5 SP
Study level: Foundation courses, level I
Term no.: 1
Teaching semester: AUTUMN 2022
Language of instruction: Norwegian
- Economics and Administration
Department with academic responsibility
Department of Mathematical Sciences
Examination arrangement: School exam
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Autumn ORD School exam 100/100 D 2022-12-14 09:00 INSPERA
Room Building Number of candidates M433-Eksamensrom 4.etg Mustad, Inngang A 77 M411-Eksamensrom 4.etg Mustad, Inngang A 2 M438 Eksamensrom 4.etg, Inngang D Mustad, Inngang D 40
- Summer UTS School exam 100/100 D
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"