Module: Mathematics for Business Economics (5205-440)

Persons:

• Prof.Dr. Benjamin Jung (verantwortlich)

Degree Program:

Relation to other Modules:

None

Prerequisites for Attendance:

Basic knowledge in analysis

Sprache:

English

ECTS:

6 credits

Frequency:

beginning every winter semester

Length of the Module:

1 semester

Final examination:

written exam

Length of the examination:

90 minutes

Workload:

180 hours: 56 hours lecture 124 hours preperation and follow-up, take-home exercises, perperation for the exam and exam

Professional competences:

Students are already acquainted with basic conecepts from analysis and linear algebra as well as static and dynamic optimization methods . Building upon the know-how obtained during their undergraduate/Bachelor‘s studies, students are able to apply the advanced methods acquired in the course to formulate and solve complex economic problems. More generally, students understand the rationale and power behind formal model based analysis of economic problems. They are in a good position to apply the methodology within a wide variety of specific economic problems and to distill the economic intuition behind formally derived model results.

Courses