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2006-2007 / Course descriptions / AR100605 Mathematics  

AR100605 Mathematics

Course Code
AR100605

Course Name
Mathematics

Credits
6.00

Target Audience
First year students in Export Marketing and Business Administration

Prerequisites

General university college entrance requirements

Objectives

The course shall provide knowledge in mathematics relevant for problems which may be encountered in the study of management, business and economy.

The course shall provide training in logical thinking.

Topics

- Elementary algebra.
- Functions of one variable. Definition of function; polynomial and rational functions; asymptotes.
- Differentiation and analysis of functions. Limits, continuity, methods for differentiation, simple and composite functions, the chain rule, computation of elasticities.
- Application of differentiation: Problems related to maximum and minimum.
- Exponential and logarithmic functions: The number e, natural logarithms, continuous interest, differentiation and discussion of exponential- and logarithmic functions.
- Mathematics of finance: Series, interest, annuity, current value, effective interest.
- Functions of several variables: Partial differentiation, stationary points. Problems of maximum and minimum for two variables. Problems of maximum and minimum under biconditions (Lagrange’s method).
- Simple computation with integrals as the opposite of differentiation, areas and definite integrals. The treatment is adjusted to be relevant for the application in business and social economic topics.

Instruction

Lectures.

Mandatory Assignments

Admission to the exam requires approval of two of four compulsory exercises.

Evaluation

A three hour individual written examination.

Grades
A B C D E F

Revised date
2005.01.20

Revised by
Jan Gunnar Moe