Course responsible:Kyrre Rickertsen
Campus / Online:Taught campus Ås
Nominal workload:125 hours
Teaching and exam period:This course starts in August block. This course has teaching/evaluation in August block.
About this course
Through working in groups or working independently students should obtain:
- Basic matrix algebra
- Calculus of one and several variables
- Concavity and quasiconcavity
- Unconstrained optimization
- Optimization with equality and inequality constraints
- Implicit function theorem
- Envelope theorem
Skills that enable the student to
- Formulate and solve economic problems
- Work independently with economic problems
- Solve problems that are relevant in economics, for example, optimization and comparative statics problems
The student should learn tools and obtain analytical skills that are needed in more advanced courses in, for example, microeconomics and econometrics. Students are encouraged to work in groups.
- Teaching on campus without streaming. The course consists of lectures, exercises, and studies of the textbook. There is one lecture and one exercise every day. The answers to these exercises must be submitted in 3 problem sets (one each week). Students are encouraged to work in groups but must submit individual solutions to the problem sets.
- There are exercises with teaching assistant(s).
- Mathematics on the level of MATH100 Introductory mathematics or ECN102 Introduction to Mathematics for Economists.
- Microeconomics on the level of ECN210 Intermediate Microeconomics - Consumers, Producers, Market, and Welfare, ECN211 Intermediate Microeconomics - Institutions, Games, and Market Failures, and ECN222 Macroeconomics II - Models and Policy.
- Portfolio assessment with pass/fail grade: Three problem sets have to be submitted within the deadline for the set. Each of the three problem sets has to be graded with a pass grade to pass the course. Individual answers have to be submitted to each set. No re-examination.
- External examiner will control the quality of syllabus and principles for the assessment of the problem sets.
- The course is in English. Incoming students can contact student advisors at the School of Economics and Business (email@example.com) for admission to the course.
- There are four hours of lectures and exercises each day. About half the time will be allocated to lectures and the remaining time will be allocated to exercises.
- Master in Applied Economics and Sustainability and Master in Business Administration.
MATH111 Calculus 1 -1 ECTS
MATH112 Calculus 2 -1 ECTS
MATH113 Linear Algebra and Linear Differential Equations -2 ECTS
MATH131 Linear Algebra -2 ECTS
- Passed / Not Passed
- Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)