Mathematics I for Applied Economics

6 ECTS credits
177 h study time

Offer 2 with catalog number 1015406ANR for all students in the 1st semester at a (A) Bachelor - preliminary level.

Semester

1st semester

Enrollment based on exam contract

Impossible

Grading method

Grading (scale from 0 to 20)

Can retake in second session

Yes

Taught in

Dutch

Faculty

Faculty of Social Sciences & SolvayBusinessSchool

Department

Business Technology and Operations

Educational team

Vincent Ginis (course titular)

Activities and contact hours

27 contact hours Lecture
52 contact hours Seminar, Exercises or Practicals
119 contact hours Independent or External Form of Study

Course Content

The course studies mathematical concepts and techniques that are useful in economics. The development of (mathematical) skills, needed in other courses of this programme, constitutes the primary goal. We start with a number of important steps to analyse functions, such as, domain, continuity, limits, asymptotes, derivatives and graph. Next, we extensively study integration. We deal with functions with one as well as multiple variables. Furthermore, the course focuses on optimisation subject or not to a condition. We end with a short introduction on sequences and series. All topics are illustrated by means of economic applications.

Course material

Digital course material (Required) : Slides en bijkomend studiemateriaal, Canvas
Course text (Required) : Cursustekst, Buts - Raes - Ginis, Canvas, 2220170008011, 2020

Additional info

The coursematerial is available on the online learning platform.

Learning Outcomes

General competencies

At the end of the semester, and with regard to the following concepts: concepts such as domain, continuity, limits, asymptotes, derivatives, graph, integration, optimisation, sequences and series, the students are able to:

explain in own words;
clarify by means of a graph;
explain by means of an example;
use and apply in an exercise;
analyse in the context of a given exercise or graph;
combine concepts in order to solve a questions that cover multiple themes;
reflect and think critically in order to evaluate and correct;
to prove simple economic relations;
translate economic questions and problems into the accurate mathematical question;
to solve questions and problems in a well-structured and accurate way.

Grading

The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.

Within the Written Exam category, the following assignments need to be completed:

Written Exam with a relative weight of 1 which comprises 100% of the final mark.

Additional info regarding evaluation

Not applicable.

Allowed unsatisfactory mark

The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context