REA1153F - Mathematics for Business


Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 4 hours D

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


Knowledge: The student

  • knows and understands basic mathematical concepts
  • knows and understands mathematical analysis of functions
  • knows and understands mathematical modelling

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

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. Assignments must be passed to gain entry to the exam. Lectures are streamed from Gjøvik, and will also be available in the learning platform in the future. Guidance takes place both through the use of real-time technology (Collaborate) and through the use of Forums in the learning platform.

Compulsory assignments

  • Oblig

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, Casio FC-100V-2, 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

Admission to a programme of study is required:
Business Administration (part-time) (BØKLED-F)

Required previous knowledge


Course materials

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

Credit reductions

Course code Reduction From To
REA1153 7.5 AUTUMN 2022
SØK1001 7.5 AUTUMN 2022
AR100914 7.5 AUTUMN 2022
REA1131 5.0 AUTUMN 2022
ME110 6.0 AUTUMN 2022
MET8002 7.5 AUTUMN 2022
MET1001 7.5 AUTUMN 2023
AR100919 7.5 AUTUMN 2023
More on the course



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


Term no.: 1
Teaching semester:  AUTUMN 2023

Language of instruction: Norwegian

Location: Gjøvik

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

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 2023-12-04 09:00 INSPERA
Room Building Number of candidates
Olympiatoppen Olympiatoppen 3
Bergen Eksternt eksamenssted 1
SL310 lilla sone Sluppenvegen 14 21
SL228 Sluppenvegen 14 1
M407-Eksamensrom 4.etg Mustad, Inngang A 1
G331 Gnisten/Fagskolen 0
S206 Smaragd 49
Summer UTS School exam 100/100 D INSPERA
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