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Subject 'Economic Mathematics'

Name in Estonian: Majandusmatemaatika

Year:   2010/2011    2011/2012    2012/2013    2013/2014    2014/2015    

Statuspassive
State codeRKE065
Study languageEstonian
ChairKeskused - reaal
Credit points 2 CP; 3 ECTS
Grading method Grade prelim

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.

Is taught in following curricula

2008: RR  TD  
2007: RR  TD  
2006: RK  RR  RTD  
2005: RK  RR  RTD  
2004: RK  RR  RTD  
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