Applied Business Mathematics
Niveau
1. Study cycle, Bachelor
Learning outcomes of the courses/module
The students are able to:
• use mathematical methods of differential calculus for economic problems.
• discuss the basics of financial mathematical expressions and to derive them by means of exponential calculus instruments.
• able to analyze and evaluate macro- and microeconomic issues within the frame-work of mathematical models.
• solve fundamental economic and financial mathematical tasks independently.
•use mathematical expressions as a basis for statistical data analysis.
• use software like WolframAlpha and Excel for analysis and visualization of mathe-matical problems.
• able to implement optimization tasks on the basis of multivariate functions and to represent them with suitable software
• use mathematical methods of differential calculus for economic problems.
• discuss the basics of financial mathematical expressions and to derive them by means of exponential calculus instruments.
• able to analyze and evaluate macro- and microeconomic issues within the frame-work of mathematical models.
• solve fundamental economic and financial mathematical tasks independently.
•use mathematical expressions as a basis for statistical data analysis.
• use software like WolframAlpha and Excel for analysis and visualization of mathe-matical problems.
• able to implement optimization tasks on the basis of multivariate functions and to represent them with suitable software
Prerequisites for the course
none
Course content
• Linear and quadratic functions
• Elementary financial mathematics
• Differential calculus
• Linear systems of equations
• Analysis of functions with two variables
• Optimization with Lagrange function
• Elementary financial mathematics
• Differential calculus
• Linear systems of equations
• Analysis of functions with two variables
• Optimization with Lagrange function
Recommended specialist literature
• Sydsaeter, Knut; Hammond; Peter; Strom, Arne: Mathematik für Wirtschaftswissen-schaftler: Basiswissen mit Praxisbezug. Pearson Studium (in the current edition)
• Christiaans, Thomas; Ross, Matthias: Wirtschaftsmathematik für das Bachelor-Studium. Springer Gabler (in the current edition)
• Hettich, Günter; Jüttler, Helmut; Luderer, Bernd: Mathematik für Wirtschaftswissen-schaftler und Finanzmathematik. Oldenbourg Wissenschaftsverlag (in the current edition
• Christiaans, Thomas; Ross, Matthias: Wirtschaftsmathematik für das Bachelor-Studium. Springer Gabler (in the current edition)
• Hettich, Günter; Jüttler, Helmut; Luderer, Bernd: Mathematik für Wirtschaftswissen-schaftler und Finanzmathematik. Oldenbourg Wissenschaftsverlag (in the current edition
Assessment methods and criteria
Portfolio
Language
German
Number of ECTS credits awarded
5
Share of e-learning in %
15
Semester hours per week
3.0
Planned teaching and learning method
Blended Learning
Semester/trimester in which the course/module is offered
1
Name of lecturer
Prof. (FH) Dr. Peter Dietrich
Academic year
Key figure of the course/module
IBS.BBB.01.06
Type of course/module
integrated lecture
Type of course
Compulsory
Internship(s)
none