Mathematics

Functions and the rules of differential and integral calculus are important tools for analysing economic relationships in economics courses. In order to evaluate and interpret data on economic activity, the basics of probability calculation and statistics are required. The students learn to apply mathematical methods to economic problems.

Analysis

  • simplifying terms
  • equations and inequations
  • real-valued functions
  • differential calculus
  • integral

Stochastic

  • basics of probability theory
  • probability distribution
  • matrices and Markov chains
  • basics of descriptive and evaluative statistics
  • estimation and testing Procedures

Scope: 4 teaching units of 90 minutes each per week