Course: Mathematics for Economists 2

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Course title Mathematics for Economists 2
Course code KMA/ZM2
Organizational form of instruction Lecture + Tutorial
Level of course Bachelor
Year of study 1
Semester Summer
Number of ECTS credits 3
Language of instruction Czech
Status of course Compulsory, Optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Egermaier Jiří, Ing. Ph.D.
  • Štauberová Zuzana, Mgr.
  • Kobeda Zdeněk, RNDr.
Course content
1. Vectors. 2. Determinants. 3. Inverse matrix and applications of matrix calculus. 4. Methods for integration (per partes, basic substitutions). Improper integrals. 5. The ideas of integral calculus in numerical mathematics. Applications in math. statistics and economy. 6. Differencial equations - basic methods. 7. Linear differencial equation of the first order and its applications in economy. 8. Sequences. 9. Difference of a sequence, difference of higher orders. Difference equation. 10. Linear difference equation and its applications in economy. 11. Partial derivation and gradient, extremes of functions of multiple variables. 12. Applications of functions of multiple variables in economy. 13. Resume. Examples. Conclusion.

Learning activities and teaching methods
Lecture with practical applications, Collaborative instruction, Seminar classes, Individual study, Practicum
  • Preparation for formative assessments (2-20) - 6 hours per semester
  • Preparation for comprehensive test (10-40) - 9 hours per semester
  • Contact hours - 39 hours per semester
  • Preparation for an examination (30-60) - 24 hours per semester
prerequisite
Knowledge
prepare model tasks of simpler type for application of matrix calculus
recognize basic continuous and inverse functions of one real variable
describe the derivative of a function and the integral of a function of one real variable
Skills
to solve systems of linear equations by suitable application of matrix calculus
draw graph of algebraic, trigonometric, exponential and logarithmic functions
differentiate and integrate functions of one real variable
solve optimization problems for functions of one real variable
Competences
bc. study: recognizes a problem, clarifies its nature, divides it into parts
N/A
learning outcomes
Knowledge
describe the basic properties of the sequence
to construct a linear difference equation with constant coefficients
describe graph and contour lines of real functions of two variables
introduce derivative of partial derivative and gradient
formulate the problem of finding the extreme of the function of two variables
Skills
find an inverse matrix
compute the value of the determinant of a matrix
find an antiderivate and to compute an integral of certain functions of one variable
use integral calculus in its applications (geometry, math.statistics, ecomomy)
use a differencial or difference equation for describing a simple economic model, to solve it and to interpretate results
determine extremes of a function of multiple variables
Competences
bc. study: they decide independently and responsibly on the basis of a framework assignment in the context only partially known bc. study: independently gain further professional knowledge, skills and competences based on practical experience and its evaluation, but also by independent study of theoretical knowledge of the field
teaching methods
Knowledge
Practicum
Collaborative instruction
Individual study
Interactive lecture
Seminar classes
Skills
Seminar
Practicum
Competences
Practicum
Interactive lecture
assessment methods
Knowledge
Combined exam
Test
Skills demonstration during practicum
Skills
Test
Skills demonstration during practicum
Competences
Combined exam
Recommended literature
  • Dolanský, Petr; Tuchanová, Milena. Matematika pro ekonomy 1.,2.,3.část : pro distanční studium. 1.vyd. Plzeň : ZČU, 1995.
  • Dolanský, Petr; Tuchanová, Milena. Příklady z matematiky pro ekonomy I : distanční studium. 1. vyd. Plzeň : ZČU, 1995. ISBN 80-7082-184-1.
  • Kaňka M., Henzler J. Matematika pro ekonomy. Ekopress Praha, 1997.
  • Kaňka, Miloš; Henzler, Jiří. Matematika pro ekonomy 2. 1. vyd. Praha : Ekopress, 1997. ISBN 80-86119-01-7.
  • Mašek, Josef. Základy matematiky II : cvičení. 1. vyd. Plzeň : ZČU, 1999. ISBN 80-7082-507-3.
  • P. Drábek, S. Míka. Matematická analýza II. Plzeň, 2010. ISBN 978-80-7082-977-6.
  • P. Drábek, S. Míka. Matematická analýza I. Plzeň, 2003. ISBN 80-7082-978-8.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Economics Study plan (Version): Retail Management (2015) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Business Economics and Management (2015) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer
Faculty: Faculty of Economics Study plan (Version): Business Economics and Management (2015) Category: Economy 1 Recommended year of study:1, Recommended semester: Summer