Mathematics

Short Name
Mathematik
Module Code
105
Module Coordinator
  • Prof. Dr. Martin Schmidt
Teacher
  • Albert Schneider
Short Description
Mathematic models for business applications
Learning Objectives

mathematics - operations research 1

Participants will learn to master the mathematical models needed for dealing with issues relating to business
administration and economics.

mathematics - operations research 2

Students will be shown how to master and apply mathematical methods for dealing with problems connected with
business administration and economics.

Contents

mathematics - operations research 1

- sequences and limiting values: definitions, characteristics
- applications: calculating compound interest, calculating repayment rates, forms of depreciation (§ 7 Income Tax Law)
- functions of one or more variables: definitions, characteristics, different function types, Lagrange functions
- applications: price-turnover function, cost function, revenue function, profit function, income tax function (§ 32 Income
Tax Law)
- differential calculus with one or more variables: deductions, curves
- applications: maximisation of profit, minimisation of costs, calculating marginal costs

mathematics - operations research 2

- solving equations and inequations (iteration process)
- calculating investments
- linear equation and inequation systems
- linear optimisation
- graphs
- analysing subassemblies (parts list)
- transport models
- internal cost-and-benefit analysis

Expertise
Method Competence
Social Competence
Self Competence
Duration in Semester
1
Instruction Language
German
Total Effort
6.0 CrP; an estimated 150 hours, of which approximately 60 are spent in class.
Weekly School Hours
4
Method of Instruction

lectures, exercises, tutorial

Requirements for the awarding of Credit Points

Exam

Evaluation Standard

Grading pursuant § 9 according to provision (Part I of the exam regulations).

Availability
Semesterly
References

Purkert W. , Brückenkurs Mathematik für Wirtschaftswissenschaftler
Matthäus H, Matthäus W-G , Mathematik für BWL-Bachelor
Luderer B, Würker U , Einstieg in die Wirtschaftsmathematik
Sydsæter K., Hammond P , Mathematik für Wirtschaftswissenschaftler
Böker F, Formelsammlung für Wirtschaftswissenschaftler: Mathematik und StatistikTietze J, Einführung in die angewandte Wirtschaftsmathematik
Tietze J, Einführung in die Finanzmathematik

Zum Wiederholen der „Schulmathematik”:
Endres E: Wiederholung Algebra, Stark Verlag
Küstenmacher W T, Partoll H, Wagner I: MATHE macchiatoZum Wiederholen der „Schulmathematik”:

Study Aids

lecture scripts and worksheets with hints for solutions as PDF

Prerequisite for

204, 715, 104, 203, 726