2287 - Mathematics 2
Course information
Title
Mathematics 2
Course number
2287.22
Academic year
2022-2023
ECTS
7.50
Level
Bachelor
Faculties
History and Social Sciences
Educations
BSc in Economics and Management
Prerequisites
Pass grade in Mathematics B at the upper secondary level. Skills and knowledge from or equivalent to those taught in the course Mathematics 1 is an advantage
Language of instruction
The course is taught in Faroese. Instructional materials are in English, Faroese and Scandinavian languages. Exercises, assignments etc. are in Faroese.
Registration
Students on the second semester of Bachelor of Science in Economics and Business Administration are automatically enrolled. Applicants for an individual course or optional subject apply via the Faculty of History and Social Sciences Office.
Beginning date
Monday, January 30, 2023
End date
Thursday, June 1, 2023
Academic content
Purpose
The aim of this course is to develop the basic mathematical tools necessary for further study in economics and related disciplines.
Learning outcomes
After successfully completing this course, the student will have acquired the following skills: Knowledge: • To explain crucial definitions and results, as well as the relationships among these. • To demonstrate an insight into the concepts, results and methodology covered by this course, when solving mathematical problems. Qualifications: • To apply the concepts, results and methodology covered by this course when solving mathematical problems. • To present solutions to mathematical problems in a clear and concise manner. Competence: • To acquire the mathematical competence at the level presented in the course, especially in relation to further study in economics.
Content
We focus on: 1. Basic linear algebra, including: • Vectors and matrices • Systems of linear equations • Determinants and inverse matrices • Eigenvalues and eigenvectors • Quadratic forms 2. Functions of two or more variables, including: • Partial derivatives • Homogenous functions • Concave and convex functions • Multivariable optimisation – constraint and unconstraint 1. Differential equations and difference equations, including: • Introduction to difference equations • First-order differential equations • Separable differential equations The ideas are taught systematically, with emphasis on their application to economic problems. Examples are used throughout the course for motivation and illustration.
Learning and teaching approaches
Lectures, tutorial classes, assignments, etc.
Assessment
Assessment method
Three hours written exam with textbooks and calculators (CAS not permitted). Note that the use of a computer is not permitted. Students are required to pass a minimum of two assignments in order to attend the exam.
Examination (internal/external)
External
Grading scale
7-scale
Exam date/dates
The written exam is set for 16 June 2023.
Deadline for withdrawal from exam
Monday, February 13, 2023
Academic responsibility and teachers
Academic responsibility
Herit Vivi Bentsdóttir Albinus
Teachers
Herit Vivi Bentsdóttir Albinus
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