Objectives and competences
Students:
1. Acquire fundamental knowledge in specific fields of mathematics in economics.
2. Learn to write, think and express themselves accurately in the field of mathematics.
3. Enhance their theoretical knowledge in specific fields of mathematics.
4. Gain the ability to apply their theoretical knowledge in business and economic practice.
5. Make critical judgements based on a sound theoretical base.
Content (Syllabus outline)
1. Set theory
2. Business calculations and equations
3. Probability
4. Number sequences and series
5. Foundations of financial mathematics
6. Investments, loans
7. Functions of one real variable
8. Differential calculus
9. Integrals
10. Matrices
11. Linear equations
Learning and teaching methods
lectures,
technical demonstration,
active work
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
1. Acquire fundamental concepts in specific fields of mathematics in economics.
2. Learn to apply mathematical techniques in solving business problems.
3. Develop the skills to interpret the results gained with mathematical techniques.
4. Develop the skills for additional learning and individual study of new methods.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
1. Can analyse with guidance using given classification/principles.
2. Can identify key aspects of problem from different view points.
3. Students develop greater independence of thought and the ability to solve problems. standard way.
Key/Transferable skills
Students:
1. Develop learning techniques and strategies for individual study, permanent reflection and evaluation.
2. Develop skills for team work.
3. Develop professional ethics.
4. Develop interest for lifelong learning.
Readings
Obvezna študijska literature (Compulsory textbooks):
1. Indihar S., Kavkler I., Mastinšek M. (2002). Matematika za ekonomiste 1. del, EPF, Maribor.
2. Arih L., Indihar S., Mastinšek M. (2005). Matematika za ekonomiste 2. del, EPF, Maribor.
Dodatna študijska literature (Additonal textbooks):
3. Marovt J. (2010). Gradivo pri predmetu Gospodarska matematika: zbirka rešenih nalog, EPF, Maribor.
4. Marovt J, Breznik K. (2014). Praktikum iz poslovno-finančne matematike, FNM, Maribor.
5. Tietze J. (1998). Einfuerung in die angewandte Wirtschaftsmathematik, Vieweg Verlag, Braunschweig-Wiesbaden.
6. Hoy M., Livernois J., McKenna C., Stengos T. (2001). Mathematics for economics, Addison-Wesley, New York.
Additional information on implementation and assessment 10% - Active participation at lectures and tutorials
90% - Written examination
Student may replace the written examination with two term examinations which are equivalent to the written examination.
