Mathematics in Economics

Block 1 - Study organization


Annotation

The course Mathematics in economics in masters study programme follows the course Quantitative methods in bachelors study programme. It makes the participants acquainted with  further knowledge and methods of differential and integral calculus, and the introduction to differential equations including their application in economics. The aim of the course is to cultivate approach to problem solution particularly in a variety of economic branches and to enable insight into their essence.

Requirements and grading

at least 70% seminar attendance and at least 60 points (out of 100) from a written exam.

Grades:

A: 91-100 points

B: 81-90

C: 71-80

D: 66-70

E: 60-65

F: 0-59

Literature

Mandatory:

Chiang, A. C. (2000). Fundamental Methods of Mathematical Economics. New York: McGraw-Hill, Inc. ISBN 0-12-417890-1.  

Chiang, A. C. & Wainwrite, K. (2005). Fundamental Methods of Mathematical Economics, New York: Mcgraw Hill; 4th edition . ISBN 978-0071238236.  

 

Recommended:  

Bradley, T. & Patton, P. (1998). Essentials Mathematics for Economics and Business. West Susex: John Wiley & Sons Ltd. ISBN 0-471-97511-7.   

Wisniewski, M. (1991). Introductory Mathematical Methods in Economics. New York: ‎ McGraw-Hill. ISBN 978-0077074074. 

 


Communication

Communication means include e-mail, MS Teams, discussion forum and consulting hours.


Written assignments for all blocks: