Mathematics for Economists

MET1 Mathematics for Economists

Autumn 2021

  • Topics

    • Functions of one variable: Exponential functions and logarithms, differentiation, convexity, elasticities, implicit differentiation, integration.
    • Geometric series, present value computations.
    • Functions of several variables: Partial derivatives, differentiation, optimizing with and without constraints.

  • Learning outcome


    • 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

    General competencies

    • The student is capable of reading and acquiring economic theory with a certain mathematical level and content

  • Teaching

    Lectures (which are recorded), 10 group exercises (2 hours each), one mandatory and one voluntary assignment.

    It will be possible to follow the course digitally.

  • Required prerequisites

    Matematikk R1 or Matematikk S1+S2 or equivalent.

  • Credit reduction due to overlap

    Corresponds to MET020

  • Requirements for course approval

    Two multiple choice tests and one individual assignment.

  • Assessment

    4 hour written school exam

  • Grading Scale

    A - F

  • Literature

    O. Dovland og P. Pettersen: Matematikk for ├Şkonomistudenter, 3rd edition, Fagbokforlaget, 2019


ECTS Credits
Teaching language

Autumn. Offered Autumn 2021.

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).

Course responsible

Associate Professor Per Manne, Department of Business and Management Science.