FORK 1003 Preparatory course for MSc in Business

FORK 1003 Preparatory course for MSc in Business

Course code: 
FORK 1003
Department: 
Economics
Credits: 
0
Course coordinator: 
Eivind Eriksen
Product category: 
Master
Portfolio: 
Master - Preparatory course
Semester: 
2017 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

The students are given a brief overview over key topics in mathematics, economics, and econometrics. This overview is meant to assist the students in the transfer from the undergraduate to the graduate level.

Learning outcomes - Knowledge

After completing the course, the student will have knowledge of mathematics (linear systems and matrix methods, functions in one variable, derivation, integration, optimization), econometrics (regression analysis, instrumental variable methods), and economics at an undergraduate level,

Learning outcomes - Skills

After completing the course, the student will be able to use models, and analyze and solve problems, within the selected topics. 

Learning outcomes - Reflection

Not applicable. 

Course content

The main topics are:

  • mathematics (linear systems and matrix methods, calculus, optimization)
  • econometrics (regression analysis, instrumental variable methods),
  • economics (examples of possible topics are: consumer theory including preferences and demand functions, theory of the firm including cost concepts and supply, market theory and market forms including duopoly, market failure, dead weight, main concepts of game theory, Solow growth model)
Learning process and requirements to student
  • Mathematics (18 hours, will be taught before economics)   
  • Econometrics (12 hours)
  • Economics (15 hours)

During the course students will be presented with assignments and exercises.

Software tools
No specified computer-based tools are required.
Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Exam organisation: 
None
Total weight: 
0
Talis literature

Obligatorisk/Compulsory

Book
Authors/Editors År Tittel Edition Publisher StudentNote
Stock, James H.; Watson, Mark W. cop. 2014 Introduction to econometrics Updated 3rd ed. Global ed Pearson Kapittel 1, 4, 5, 6, 7, 12.
Simon, Carl P.; Blume, Lawrence c1994 Mathematics for economists International student ed Norton  
Gärtner, Manfred 2013 Macroeconomics 4th ed Pearson Ch. 9 and 14.
Varian, Hal R., author   Intermediate microeconomics : with calculus / Hal R. Varian