MET 2910 Mathematics

MET 2910 Mathematics

Course code: 
MET 2910
Department: 
Economics
Credits: 
7.5
Course coordinator: 
Pål Lauritzen
Product category: 
Bachelor
Portfolio: 
Bachelor - Core Courses
Semester: 
2018 Autumn
Active status: 
Active
Teaching language: 
Norwegian
Course type: 
Associate course
Course codes for multi- or associated courses.
MET 2911
MET 2912
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.
 

Learning Outcome - Reflection

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 the Cramer rule
Learning process and requirements to students

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. Training / use of Excel will be integrated into teaching. 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.
Additional information

For å støtte studentenes læreprosess, arrangerer BI seminargrupper og andre veiledningstilbud ved våre Campuser. Det oppfordres sterkt til at studentene deltar på disse tilbudene for å oppnå faglig mestring.

Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

No particular prerequisites.

Exam categoryWeightInvigilationDurationSupport materialsGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
MET29101
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination every semester
0No2 Week(s)Individual 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 category:
Submission
Form of assessment:
Structured test
Exam code:
MET29102
Grading scale:
ECTS
Grading rules:
Internal examiner
Resit:
Examination every semester
20Yes3 Hour(s)
  • No support materials
Individual 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 category:
Submission
Form of assessment:
Written submission
Exam code:
MET29103
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination every semester
0No2 Week(s)Individual 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 category:
Submission
Form of assessment:
Written submission
Exam code:
MET29104
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination every semester
80Yes4 Hour(s)
  • BI-approved exam calculator
  • Simple calculator
Individual 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.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:0
Invigilation:No
Grouping (size):Individual
Support materials:
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
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:
  • 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
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: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
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: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
Grading scale:ECTS
Resit:Examination every semester
Exam organisation: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Teaching36Hour(s)Introductory part
Prepare for teaching10Hour(s)Introductory part
Group work / Assignments11Hour(s)Introductory part
Examination3Hour(s)Introductory part
Teaching48Hour(s)Advanced part
Prepare for teaching73Hour(s)Advanced part
Group work / Assignments75Hour(s)Advanced part
Examination4Hour(s)Advanced part
Expected student effort:
Workload activity:Teaching
Duration:36 Hour(s)
Comment:Introductory part
Workload activity:Prepare for teaching
Duration:10 Hour(s)
Comment:Introductory part
Workload activity:Group work / Assignments
Duration:11 Hour(s)
Comment:Introductory part
Workload activity:Examination
Duration:3 Hour(s)
Comment:Introductory part
Workload activity:Teaching
Duration:48 Hour(s)
Comment:Advanced part
Workload activity:Prepare for teaching
Duration:73 Hour(s)
Comment:Advanced part
Workload activity:Group work / Assignments
Duration:75 Hour(s)
Comment:Advanced part
Workload activity:Examination
Duration:4 Hour(s)
Comment:Advanced part
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.