Mathematics

Description

Introduction: This is a basic course in mathematics. The course is a compulsory part of the Bachelor of Science in Business. The course will be taught during the first year over two semesters. It consists of an introductory part in the autumn semester, and an advanced part in the rest of the autumn semester and the spring semester. Course content: Elementary algebra - Mathematics of finance and series - Functions and graphs - Exponential and logarithmic functions - Derivation with applications - Integration with applications - Linear algebra and matrix algebra - Functions of several variables - Optimization in several variables Learning outcomes - Knowledge: After completing the course, the student will have broad understanding of concepts, methods and theories in mathematics. The student will have broad knowledge of algebra, functions in one or several variables, financial mathematics, derivation and integration, and linear algebra, and specialized knowledge of how mathematical models and methods can be used in economics. Learning outcomes - Skills: After completing the course, the student will be able to analyze quantitative problems using mathematical concepts, and be able to use mathematical methods to solve these problems. The student will be able to assess solution strategies, and be able to carry out the necessary computations correctly and precisely. The student will be able to give mathematical arguments to justify his conclusions, and be able to give written answers that explains the method used and the obtained results to the reader. The student will be able to see connections between mathematics and other subjects, especially economics. General Competence: After completing the course, the student will be able to reflect upon central assumptions for the models and theories used. The student will be able to reflect upon the results obtained, and critically assess if they are reasonable. Teaching and learning activities: The course is lectured over one year and consists of an introductory part (36 hours) and an advanced part (48 hours). For each week, there will be a work program consisting of exercises and reading assignments. The student must learn the material presented in the reading assignments and work through the exercises. Some of the exercises will be reviewed in plenary sessions. It is assumed that the student has worked on the exercise in order to take full advantage of the review. By allocating some time in class to short assignment related to new topics, students will be activated and learning objectives achieved. Wolfram Alpha is used in lecture to illustrate taught material. 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: Basic knowledge of mathematics equivalent to the admission requirement for the programme. Assessments: Assessments Exam category: School Exam Form of assessment: Written School Exam - pen and paper Exam/hand-in semester: First Semester Weight: 40 Grouping: Individual Support materials: - BI-approved exam calculator - Simple calculator Duration: 3 Hour(s) Comment: (Autumn). All exams must be passed to obtain a final grade in the course. Exam code: MET 11808 Grading scale: ECTS Resit: Examination every semester Exam category: School Exam Form of assessment: Written School Exam - pen and paper Exam/hand-in semester: Second Semester Weight: 60 Grouping: Individual Support materials: - BI-approved exam calculator - Simple calculator Duration: 5 Hour(s) Comment: (Spring). All exams must be passed to obtain a final grade in the course. Exam code: MET 11809 Grading scale: ECTS Resit: Examination every semester Type of assessment: Ordinary examination All exams must be passed to get a grade in this course. Total weight: 100 Student workload: Activity Duration Comment Teaching 84 Hour(s) Lectures Group work / Assignments 59 Hour(s) Problem sessions Examination 8 Hour(s) Exam (two written exams) Student's own work with learning resources 49 Hour(s) Own work with theory and problems 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.