Economics, Mathematics for Statistical and Economic Analysis, Second Cycle, 7.5 credits

Learning outcomes

The course aims to provide a good grounding in the theory and application of differential calculus, and other techniques widely used in economics and finance. The course shall give the student ability to formulate and to solve mathematical models and problems based on issues in economics and finance.

Content

1. Functions of one variable
2. Differentiation
3. Limits
4. Single-variable optimization
5. Matrix algebra
6. Functions of several variables
7. Partial derivatives, differentials
8. Multivariable optimization
9. Constrained optimization
10. Integrals

Examinations and grades

Examination, 7.5 credits (Code: A001)
Grades used are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

According to the Higher Education Ordinance, Chapter 6, Section 18, a grade is to be awarded on the completion of a course, unless otherwise prescribed by the university. The university may determine which grading system is to be used. The grade must be determined by a teacher specifically nominated by the university (the examiner).

In accordance with university regulations on grading systems for first and second-cycle courses and study programmes (Vice-Chancellor’s decision ORU 2018/00929), one of the following grades is to be used: fail (U), pass (G) or pass with distinction (VG). For courses included in an international master’s programme (60 or 120 credits) or offered to the university’s incoming exchange students, the A to F grading scale is to be used. The vice-chancellor, or a person appointed by them, may decide on exceptions from this provision for a specific course, if there are special grounds for doing so.

The grades used on this course are Fail (F), Sufficient (E), Satisfactory (D), Good (C), Very Good (B) or Excellent (A).

Comments on grades

To obtain a passing grade for the course as a whole, a minimum of grade E is required for the written examination. The course grade is then awarded based on the written examination.

Modes of assessment

Examination, 7.5 credits (Code: A001)
Written examination.

For students with a documented disability, the university may approve applications for adapted or other modes of assessment.

For further information, see the university's local examination regulations.

Specific entry requirements

First-cycle courses of 75 credits in Economics, Business Administration or Statistics. The applicant must also have qualifications corresponding to the course "English 6" or "English B" from the Swedish Upper Secondary School.

For further information, see the university's admission regulations.

Other provisions

The course will be given in English.

Students who have been admitted to and registered on a course have the right to receive tuition and/or supervision for the duration of the time period specified for the particular course to which they were accepted (see, the university's admission regulations (in Swedish)). After that, the right to receive tuition and/or supervision expires.

Reading list and other learning resources

Required Reading

Sydsæter, Knut and Peter Hammond with Arne Strøm 2012/4th ed.
Essential mathematics for economic analysis
Pearson, 600 pages