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Curriculum subject

Economic Mathematics

Subject
Subject code RKE065
Subject name Economic Mathematics
Credit points 2 CP
Grading method Grade prelim
Curriculum subject
Curriculum 2005 RK
Study year 1
Semester Spring semester
Subject type Mandatory
Subject loads
Lecture 32
General description
-The economic models.
- The economic functions.
-The linear equations and feasibility
Percentage and financial calculations.
- Linear systems of equations and matrixes in economy.
- Mathematical functions in economy.
- Diferential calculations of functions of one variable in economy. Optimisation of functions in economy.
- The graphic solution of linear planning exercises
- Simplex method.
General aim
To give thorough knowledge about elements of Economic Mathematics and to develop practical skills in that field.
Aim
Student:
- to know functions of economics; is able to distinguish them; to present them graphically; is able to compose and equations of elementary economics exercises and to solve them;
- is able to calculate percentage and financial exercises;
- is able to apply the theory of matrixes and linear systems of the equations in economics tasks;
- is able to optimise of ecnomic functions;
- is able to solve graphically linear planning taks.
Form description
Lectures and practical assignments in the classroom. Individual work - studying the given notes, solving exercises, preparing for tests.
Literature
1. Aasma, A., Kallam, H., Levin, A. Majandusmatemaatika alused. Tallinn, ILO, 2005.
2. Kummer, J. Funktsioonid ja nende tuletised majandusarvestuses. Tallinn, AVITA, 1994.
3. Kummer, J. Kulude ja tulude matemaatika. Tallinn, AVITA, 1996.
4. Sikk, J. Majandusmatemaatika ülesannete kogu. Tartu, 1996
5. Übi, E. Planeerimise ja juhtimise matemaatika. Külim 1998.
6. Dolan, E.G., Lindsey, D.E. Economics. 5 ed. USA, Dryden Press, 1988
7. Samuelson, P.A.,Nordhaus W.D. Economics. 13 ed. USA, McGRAW-HILL, 1989.
Current rounds
None
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