MET 1180 Mathematics
APPLIES TO ACADEMIC YEAR 2016/2017 Norwegian version 
MET 1180 Mathematics
Responsible for the course
Eivind Eriksen
Department
Department of Economics
Term
According to study plan
ECTS Credits
7,5
Language of instruction
Norwegian
Introduction
This is a basic course in mathematics. The course is a compulsory part of the Bachelor of Science in Business. The course will be taught during the first year over two semesters. It consists of an introductory part in the autumn semester, and an advanced part in the rest of the autumn semester and the spring semester.
Learning outcome
Acquired knowledge:
After completing the course, the student will have acquired an understanding of basic algebra, functions in one or several variables, basic financial mathematics, integration and linear algebra.
Acquired skills:
The student will have a deeper understanding of mathematical concepts, and will after completing the course be able to see connections, perform mathematical calculations and interpret results within the themes of the course. This means, for example, the ability to see connections between algebraic and graphical representations of one and the same problem, or to see connections between mathematics and other subjects, especially economics. In addition, the student will gain skills in understanding math problems and choose appropriate strategies to solve them. The student will also be able to make mathematical arguments to give reasons for his conclusions.
Reflection:
After completing the course, the student will have enhanced his analytic skills. The student should also be able to reflect on the results of his computations, and have a critical attitude toward their validity. The student should be able to work precisely and be able to do large and complex calculations.
Prerequisites
Basic knowledge of mathematics equivalent to the admission requirement for the programme.
Compulsory reading
Books:
Eriksen, Eivind. 2016. Matematikk for økonomi og finans.. Cappelen Damm Akademisk
Recommended reading
Course outline
 Elementary algebra
 Mathematics of finance and series
 Functions and graphs
 Exponential and logarithmic functions
 Derivation with applications
 Integration
 Linear algebra
 Functions of several variables
Computerbased tools
Wolfram Alpha is used in lecture to illustrate taught material.
Learning process and workload
The course is lectured over one year and consists of an introductory part (36 hours) and an advanced part (48 hours).
Introductory part  Taught in the autumn semester.
Advanced part  Starts after the introductory part in the autumn semester and continues in the spring semester.
For each week, there will be a work program consisting of exercises and reading assignments. The student must learn the material presented in the reading assignments and work through the exercises. Use of Excel will be integrated into teaching. Some of the exercises will be reviewed in plenary sessions. It is assumed that the student has worked on the exercise in order to take full advantage of the review.
By allocating some time in class to short assignment related to new topics, students will be activated and learning objectives achieved.
Recommended use of hours:
Activity  Introductory 
Advanced 
Participation in teaching activities – Introductory part  36 

Preparation for lectures/reading literature  8 

Assignments outside lecture hours  16 

Participation in teaching activities – Advanced part  48 

Preparation for lectures/reading literature  32 

Assignments outside lecture hours  112 

Multiplechoice examination  3 

Written examination  5 

Total recommended use of time  72 
200 
Examination
The final grade in the course is based on following activities:
An individual midterm assignment half way through autumn term. Pass/Fail.
A threehour individual written multiplechoice examination at the end of autumn term. It counts 30 %
towards the final grade.
A fivehour individual written examination at the end of spring term. It counts 70 % towards the final
grade.
To obtain final grade all parts must be passed. A resit can be taken in each separate part.
Examination code(s)
MET 11801  Written assignment. Pass/Fail
MET 11802  Multiple choice, counts 30% towards the final grade in MET 1180 Mathematics, 7,5 credits.
MET 11803  Written exam, counts 70% towards the final grade in MET 1180 Mathematics, 7,5 credits.
Examination support materials
MET 11802 Multiplechoice examination  BI approved exam calculator is allowed.
MET 11803 Written examination  BI approved exam calculator is allowed.
Examination support materials at written examinations are explained under examination information in the
student portal @bi. Please note use of calculator and dictionary in the section on support materials
(https://at.bi.no/EN/Pages/Exa_Hjelpemidlertileksamen.aspx).
Resit examination
Resit examination is offered every term.
Additional information