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Mathematics

BI Norwegian Business SchoolEconomics
Credits3.75
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Semester offeredSemester 2 (Winter)
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Last updated3 months ago

Description

Introduction: Mathematics for Economists is a core mathematics course that is included as a compulsory part of the bachelor's programs in economic administration subjects. Course content: Elementary algebra and solving equations and systems of equations. - Graphical understanding and interpretation. - The concept of functions and basic functions: Polynomial functions, rational functions, exponential and logarithmic functions. - Differentiation and function analysis: Limits, continuity, differentiation rules, application of differentiation in economic problems, analysis of functions including sketching graphs, elasticities. - Series and financial mathematics. - Simple integration. - Functions in several variables: Partial derivatives, stationary points. Maximum and minimum problems for two variables with and without constraints. Learning outcomes - Knowledge: After completing the course, the student should have acquired mathematical knowledge in basic algebra and function theory, as well as for functions in several variables. The student should be able to solve optimization problems for functions in both one and several variables. Learning outcomes - Skills: The goal is to develop a deeper understanding of mathematical concepts. This includes, for example, the ability to see connections between algebraic and graphical representations of the same problem or to see connections between mathematics and other subjects, especially economics. In addition, students will develop skills in understanding mathematical problems and choosing appropriate strategies to solve them. Students are trained to perform a variety of mathematical calculations. General Competence: Students' ability to think analytically and reflect on results and calculations will be strengthened by completing the course. Teaching and learning activities: The course is taught over one semester and consists of 56 lecture hours. There are also additional digital resources. In the lectures, central parts of the syllabus are reviewed. Problem solving will be a central part of the joint lectures in that the students are presented with tasks in the lecture and receive feedback by having these reviewed and discussed. Each week, a work program will be drawn up with literature references and tasks. The student must acquire the material in the literature reference and solve the tasks. Some of the tasks will be reviewed in plenary. Completion as an online course In the online version of the course, the online teacher, in collaboration with the study administration, will organize an appropriate combination of digital learning resources and activities. This corresponds to the number of hours stated as teaching on campus. Online students are also offered a study guide that will contribute to progression and give an overview. The total recommended time needed for completing the course also applies here. Software tools: No specified computer-based tools are required. Qualifications: Higher Education Entrance Qualification. Disclaimer Deviations in teaching and exams may occur if external conditions or unforeseen events call for this. Required prerequisite knowledge: No prerequisites required. Assessments: Assessments Exam category: School Exam Form of assessment: Written School Exam - pen and paper Exam/hand-in semester: First Semester Weight: 100 Grouping: Individual Support materials: - BI-approved exam calculator - Simple calculator Duration: 5 Hour(s) Exam code: MET 29107 Grading scale: ECTS Resit: Examination every semester Type of assessment: Ordinary examination Total weight: 100 Student workload: Activity Duration Comment Teaching 28 Hour(s) 1 session per week of 2 hours for 14 weeks Feedback activities and counselling 28 Hour(s) 1 session per week of 2 hours for 14 weeks Digital resources - Video 14 Hour(s) Videos Prepare for teaching 60 Hour(s) Group work / Assignments 65 Hour(s) Examination 5 Hour(s) Sum workload: 200 Incoming exchange students at BI Norwegian Business School select courses from BI's official semester-specific exchange course lists. BI defines a full semester as 30 ECTS; bachelor courses are typically 7.5 ECTS each (4 per semester) and master courses are typically 6 ECTS each (5 per semester). Course availability, prerequisites, and timetabling are confirmed via BI's International Office and the Learning Agreement process.

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