MET1 Mathematics for Economists
- Functions of one variable: Differentiation, convexity, elasticities, implicit differentiation, integration.
- Geometric series, present value computations.
- Functions of several variables: Partial derivatives, differentiation, optimizing with and without constraints.
- Linear algebra: Linear systems of equations, inverse matrices, determinants.
- The student masters fundamental concepts and methods in mathematics with a view towards applications in economic and administrative subjects
- The student is familiar with some standard models for economic situations, in particular in connection with optimization problems
- The student is able to define simple mathematical models and to treat them analytically and numerically
- The student is capable of reading and acquiring economic theory with a certain mathematical level and content
Lectures (38 hours), 10 group exercises (2 hours each), one mandatory and one voluntary assignment.
Matematikk R1 or Matematikk S1+S2 or equivalent.
Credit reduction due to overlap
Corresponds to MET020
Requirements for course approval
Two multiple tests and one individual assignment.
4 hour written school exam
A - F
O. Dovland og P. Pettersen: Matematikk for økonomistudenter, 3rd edition, Fagbokforlaget, 2019
P. Manne: Matematikk for økonomer - Lineær algebra, NHH, 2016 (or later editions)
- ECTS Credits
- Teaching language
Autumn. Offered Autumn 2020.
Written school exam is offered both semesters (according to Regulations for Full-time Study Programmes at the Norwegian School of Economics (NHH), section 3-1).
Please note: Due to the present corona situation, please expect parts of this course description to be changed before the autumn semester starts. Particularly, but not exclusively, this relates to teaching methods, mandatory requirements and assessment.
Associate Professor Per Manne, Department of Business and Management Science.