International Business Studies PT
Apply Icon
Apply
now

Applied Business Mathematics

level of course unit

1. Study cycle, Bachelor

Learning outcomes of course unit

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

prerequisites and co-requisites

none

course contents

• Linear and quadratic functions
• Elementary financial mathematics
• Differential calculus
• Linear systems of equations
• Analysis of functions with two variables
• Optimization with Lagrange function

recommended or required reading

• 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

assessment methods and criteria

Online tasks, term paper, exam

language of instruction

German

number of ECTS credits allocated

5

eLearning quota in percent

15

course-hours-per-week (chw)

3

planned learning activities and teaching methods

Blended Learning

semester/trimester when the course unit is delivered

1

name of lecturer(s)

Prof. (FH) Dr. Peter Dietrich

course unit code

06.BB.EFM.1

type of course unit

integrated lecture

mode of delivery

Compulsory

work placement(s)

none