mat991 - Mathematics for Economists II (Complete module description)
Module label | Mathematics for Economists II |
Module code | mat991 |
Credit points | 6.0 KP |
Workload | 180 h |
Institute directory | Department of Mathematics |
Applicability of the module |
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Responsible persons |
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Prerequisites | |
Skills to be acquired in this module | The students internalize advanced mathematical methods, know applications in economics and can provide solutions. Professional competence The students:
Methodological competence The students:
Social competence The students:
Self-competence The students:
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Module contents | n-dimensional vector spaces, linear maps, matrix and vector algebra (determinant, inverse matrix, eigenvalues and eigenvectors), linear systems of equations and their economic application. Functions of n variables), tools for comparative static (chain rules, implicit differentiation along a level curve, elasticity of substitution), multivariate optimization with and without constraints (necessary and sufficient conditions), general constraints, Kuhn-Tucker conditions. Integration, Differential and ordinary differential equations with solution methods for special types. |
Recommended reading | Sydsaeter, Knut und P. Hammond mit A. Ström: Mathematik für Wirtschaftswissenschaftler, Pearson Education, 4. akt. Auflage 2013. Sydsaeter, K., P. Hammond, A. Seierstad, A. Ström: Further Mathematics for Economic Analysis, Prentice Hall / Pearson Education, 2nd ed. 2008. Karmann, Alexander: Mathematik für Wirtschaftswissenschaftler, Oldenbourg Verlag, 6. Aufl. 2008. Simon, C. and L. Blume: Mathematics for Economists, International Student Edition 2010. |
Links | |
Language of instruction | German |
Duration (semesters) | 1 Semester |
Module frequency | annual |
Module capacity | unlimited |
Type of course | Comment | SWS | Frequency | Workload of compulsory attendance |
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Lecture | 2 | WiSe | 28 | |
Exercises | 2 | WiSe | 28 | |
Total module attendance time | 56 h |
Examination | Prüfungszeiten | Type of examination |
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Final exam of module | written exam (90-120 minutes) Bonus points can be earned. |