MET 2910 Mathematics

MET 2910 Mathematics

Course code:
MET 2910
Department:
Economics
Credits:
7.5
Course coordinator:
Robert Gunder Hansen
Course name in Norwegian:
Matematikk for økonomer
Product category:
Bachelor
Portfolio:
Bachelor - Common Courses
Semester:
2021 Autumn
Active status:
Active
Level of study:
Bachelor
Teaching language:
Norwegian
Course type:
Associate course
Course codes for multi- or associated courses
Course codeSemester
MET 2911
2021 Autumn
MET 2912
2022 Spring
Introduction

This is a basic course in mathematics. The course is a compulsory part of the bachelor programs in business administration subjects. The course will be carried out during the first year over two terms. The first term will contain basic algebra, functions with one variable, and will give a basis for the main part of the course, which is in the second term.

Learning outcomes - Knowledge

After completing this course the students have acquired mathematical knowledge in basic algebra and function theory, also functions in several variables.

Learning outcomes - Skills

The aim is to develop a deeper understanding of mathematical concepts both through the ability to perform mathematical calculations and to gain a deeper conceptual understanding. 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, students gain skills in understanding math problems and choose appropriate strategies to solve them.

General Competence

Students' ability of analytical thinking and an ability to reflect on the results and calculations will be strengthened by through the course.

Course content
• Elementary algebra and solution of equations and equation systems
• Function concept and basic functions as polynomial functions, rational functions, exponential and logarithmic functions
• Differentiation and function analysis: limits, continuity, derivatives, derivatives of composite functions, application of differentiation in economic issues, analysis of functions, elasticity
• Series and financial mathematics
• Easy integration
• Functions of several variables: partial derivatives, stationary points. Maximum and minimum problems for two variables with and without constraints (Lagrange method)
• Determinants and solutions of equations using Gauss-elimination.
Teaching and learning activities

This course is taught over one year and consists of an introductory part of 36 hours and an advanced part of 48 hours. The introductory section is carried out with one session per. week during the fall semester and the advanced section with two session’s per. week in the spring semester, each session lasting at least for two hours. The lectures will review key parts of the curriculum. Some topics that are reviewed in the introduction part can be known for certain.

Exercises presented by the students will be a key part of lectures and feedback will be given through review and discussion of the exercises. Each week there will be prepared a work programme with literature references and tasks will be prepared. Students must acquire the substance in the reference literature and solve problems. Some of the tasks will be discussed in plenary sessions.

Two assignments, one in each semester, should be submitted. These will be posted 14 days before the deadline. After the answers have been, the students will receive feedback through a discussion and review of  the solution in class.

E-learning
In course delivery as online courses, lecturer will, in collaboration with the student administration, organize an appropriate course implementation, combining different learning activities and digital elements on the learning platform. Online students are also offered a study guide that will contribute to progression and overview. Total recommended time spent for completing the course also applies here.

Software tools
No specified computer-based tools are required.

To support the students' learning process, BI arranges seminar groups and other guidance offers at our Campuses. Students are strongly encouraged to participate, in order to achieve professional mastery.

Qualifications

Higher Education Entrance Qualification

Covid-19

Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.

Teaching

Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.

Required prerequisite knowledge

No particular prerequisites.

Assessments
Assessments
Exam category:
Submission
Form of assessment:
Written submission
Grouping:
Individual
Duration:
2 Week(s)
Comment:
Individual assignment 1 is given halfway through the semester, graded as pass / fail. The first assignment are given in connection with the introduction of the course.
Must be passed in order to obtain final grade in the course.
Exam code:
MET29101
Pass/fail
Resit:
Examination every semester
Exam category:
Submission
Form of assessment:
Structured test
Invigilation
Weight:
20
Grouping:
Individual
Support materials:
• No support materials
Duration:
3 Hour(s)
Comment:
A three-hour individual multiple-choice exam given at the end of the introduction part, accounting for 20% of the final grade in the course.
Must be passed in order to obtain final grade in the course.
Exam code:
MET29102
ECTS
Resit:
Examination every semester
Exam category:
Submission
Form of assessment:
Written submission
Grouping:
Individual
Duration:
2 Week(s)
Comment:
Individual assignment Task 2 is given halfway through the semester, graded as pass / fail.
Must be passed in order to obtain final grade in the course.
Exam code:
MET29103
Pass/fail
Resit:
Examination every semester
Exam category:
Submission
Form of assessment:
Written submission
Invigilation
Weight:
80
Grouping:
Individual
Support materials:
• BI-approved exam calculator
• Simple calculator
Duration:
4 Hour(s)
Comment:
A four-hour individual written exam given at the end of the advanced part, accounts for 80% of the final grade in the course.
Must be passed in order to obtain final grade in the course.
Exam code:
MET29104
ECTS
Resit:
Examination every semester
Type of Assessment:
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight:
100
ActivityDurationComment
Teaching
36 Hour(s)
Introductory part
Prepare for teaching
10 Hour(s)
Introductory part
Group work / Assignments
11 Hour(s)
Introductory part
Examination
3 Hour(s)
Introductory part
Teaching
48 Hour(s)