MA-138 Mathematics Applied in Business Administration A
- ECTS Credits:
- 7.5
- Responsible department:
- Faculty of Engineering and Science
- Course Leaders:
-
- Beate Lien
- Ida Maria Landgärds-Tarvoll
- Lecture Semester:
- Spring
- Teaching language:
- Norwegian
- Duration:
- 1 term
The course is connected to the following study programs
- Bachelor's Programme in Business Administration
- Master's Programme in Business Administration (5 years)
Teaching language
NorwegianCourse contents
Provide students with a mathematical foundation for studies in economics and business administration. .
Learning outcomes
On successful completion of the course, the student should be able to
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Master a variety of algebraic operations, including solving inequalities, equations and systems of equations.
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Analyze functions of one variable, such as polynomials, rational functions, exponential and logarithmic functions, and also combinations of these. This analysis should include: zeros, asymptotes, limits, continuity, differentiation (including implicit differentiation), extreme value problems and elasticity.
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Analyze different types of functions of many variables (including Cobb-Douglas functions and functions composed with exponential and logarithmic functions). This analysis includes to find and to classify stationary points, to find maximum and minimum in a bounded area, to find maximum and minimum under constrains, including applications of the Lagrange method.
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Analyze arithmetic and geometric series, analyze convergence of geometric series and find the sum of convergent infinite geometric series.
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Solve problems in mathematical finance, including annuities, paying off loans, annuities of savings and present values.
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Use basic integration in connection to the above mentioned functions.
Examination requirements
Required tests and assignments must be approved, see Canvas for more information
Teaching methods
Lectures, work in small groups and compulsory tests and assignements.
Evaluation
The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.
Offered as Single Standing Module
Yes. Subject to availability and capacity.
Admission Requirement if given as Single Standing Module
Higher Education entrance qualifications
Assessment methods and criteria
A 4-hour written examination. Graded assessment.
Reduction of Credits
This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:
| Course | Reduction of Credits |
|---|---|
| MA-115 – Mathematics Applied in Business Administration | 7.5 |
| MA-138 – Mathematics Applied in Business Administration A | 7.5 |
| MA-115 – Mathematics Applied in Business Administration | 7.5 |
| MA-163 – Calculus 1 | 7.5 |
| MA-1030 – Basic Course in Mathematics | 6 |
| MA-1030 – Introduction to Mathematics | 6 |
| MA-1030 – Mathematics | 6 |
| MA-1030 – Mathematics | 6 |