MET 1180 Mathematics

MET 1180 Mathematics

Course code: 
MET 1180
Department: 
Economics
Credits: 
7.5
Course coordinator: 
Eivind Eriksen
Product category: 
Bachelor
Portfolio: 
Bachelor of Business and Economics - Programme Courses
Semester: 
2018 Autumn
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
Associate course
Course codes for multi- or associated courses.
MET 1181
MET 1182
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 outcomes - Knowledge

After completing the course, the student will have broad understanding of concepts, methods and theories in matematics. The student will have broad knowledge of algebra, functions in one or several variables, financial mathematics, derivation and integration, and linear algebra, and specialized knowledge of how mathematical models and methods can be used in economics.

Learning outcomes - Skills

After completing the course, the student will be able to analyze quantituative problems using mathematical concepts, and be able to use mathematical methods to solve these problems. The student will be able to assess solution strategies, and be able to carry out the necessary computations correctly and precisely. The student will be able to give mathematical arguments to justify his conclusions, and be able to give written answers that explains the method used and the obtained results to the reader. The student will be able to see connections between mathematics and other subjects, especially economics.

Learning Outcome - Reflection

After completing the course, the student will be able to reflect upon central assumptions for the models and theories used. The student will be able to reflect upon the results obtained, and critically assess if they are reasonable.

Course content
  • Elementary algebra
  • Mathematics of finance and series
  • Functions and graphs
  • Exponential and logarithmic functions
  • Derivation with applications
  • Integration
  • Linear algebra and matrix algebra
  • Functions of several variables
Learning process and requirements to students

The course is lectured over one year and consists of an introductory part (36 hours) and an advanced part (48 hours).  

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. 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.

Wolfram Alpha is used in lecture to illustrate taught material.

Software tools
No specified computer-based tools are required.
Additional information

Det tilbys kontinuasjonseksamen i eksamenskode MET11801, MET11802 og MET11803 høsten 2018 og siste gang våren 2019.

Qualifications

Higher Education Entrance Qualification

Required prerequisite knowledge

Basic knowledge of mathematics equivalent to the admission requirement for the programme.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MET 11804
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination every semester
0No1 Week(s)Individual
Exam category:
Submission
Form of assessment:
Structured test
Exam code:
MET 11805
Grading scale:
ECTS
Grading rules:
Internal examiner
Resit:
Examination every semester
20Yes3 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
Individual
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MET 11806
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination every semester
0No1 Week(s)Individual
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MET 11807
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
80Yes5 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
Individual
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:0
Invigilation:No
Grouping (size):Individual
Support materials:
Duration:1 Week(s)
Comment:
Exam code: MET 11804
Grading scale:Pass/fail
Resit:Examination every semester
Exam category:Submission
Form of assessment:Structured test
Weight:20
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • BI-approved exam calculator
  • Simple calculator
Duration:3 Hour(s)
Comment:
Exam code: MET 11805
Grading scale:ECTS
Resit:Examination every semester
Exam category:Submission
Form of assessment:Written submission
Weight:0
Invigilation:No
Grouping (size):Individual
Support materials:
Duration:1 Week(s)
Comment:
Exam code: MET 11806
Grading scale:Pass/fail
Resit:Examination every semester
Exam category:Submission
Form of assessment:Written submission
Weight:80
Invigilation:Yes
Grouping (size):Individual
Support materials:
  • BI-approved exam calculator
  • Simple calculator
Duration:5 Hour(s)
Comment:
Exam code: MET 11807
Grading scale:ECTS
Resit:Examination every semester
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching36Hour(s)Introductory part (autumn)
Prepare for teaching8Hour(s)Introductory part (autumn)
Group work / Assignments16Hour(s)Introductory part (autumn)
Teaching48Hour(s)Advanced part (spring)
Prepare for teaching32Hour(s)Advanced part (spring)
Group work / Assignments112Hour(s)Advanced part (spring)
Examination8Hour(s)Multiple-choice and written examination
Expected student effort:
Workload activity:Teaching
Duration:36 Hour(s)
Comment:Introductory part (autumn)
Workload activity:Prepare for teaching
Duration:8 Hour(s)
Comment:Introductory part (autumn)
Workload activity:Group work / Assignments
Duration:16 Hour(s)
Comment:Introductory part (autumn)
Workload activity:Teaching
Duration:48 Hour(s)
Comment:Advanced part (spring)
Workload activity:Prepare for teaching
Duration:32 Hour(s)
Comment:Advanced part (spring)
Workload activity:Group work / Assignments
Duration:112 Hour(s)
Comment:Advanced part (spring)
Workload activity:Examination
Duration:8 Hour(s)
Comment:Multiple-choice and written examination
Sum workload: 
260

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.