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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.

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.