Course detail

Business Mathematics 1

FP-Rbm1AAcad. year: 2012/2013

Calculus of functions of one real variable. Applications in economics - modeling of demand, supply, revenue, cost, profit and production

Language of instruction

English

Number of ECTS credits

8

Mode of study

Not applicable.

Offered to foreign students

Of all faculties

Learning outcomes of the course unit

The development of the ability to describe and analyse economic laws by mathematical tools

Prerequisites

Standard contents of secondary school mathematics and principles of economics

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

The subject is closed by an exam. The exam consists of a written part (2 hours) and an oral part (15 minutes). The marking is given by the scale of EATCS

Course curriculum

Functions of one real variable, economic functions, limit of a function, derivative and differential,undefinite and definite integral, application in analyses of one-factor economic models of demand, supply,revenue, cost, profit and production

Work placements

Not applicable.

Aims

To get acquainted with the basic tools of calculus of functions of one variable necessary to describe economic laws and processes.

Specification of controlled education, way of implementation and compensation for absences

The attendance at lectures is controlled

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

I.Mezník, Mathematics I (internal text) (EN)
I. Jacques, Mathematics for Economics and Business,Addison Wesley,New York 1994 (EN)

Recommended literature

Not applicable.

Classification of course in study plans

  • Programme MGR-Z Master's

    branch MGR-Z , 1 year of study, winter semester, elective

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer