Information on individual educational components (ECTS-Course descriptions) per semester | |
| Degree programme: | Bachelor International Business Administration Part-time |
| Type of degree: | FH Bachelor´s Degree Programme |
| Part-time | |
| Winter Semester 2024 | |
| Course unit title | Business Mathematics |
| Course unit code | 025008010201 |
| Language of instruction | German |
| Type of course unit (compulsory, optional) | Compulsory |
| Semester when the course unit is delivered | Winter Semester 2024 |
| Teaching hours per week | 3 |
| Year of study | 2024 |
| Level of course unit (e.g. first, second or third cycle) | First Cycle (Bachelor) |
| Number of ECTS credits allocated | 5 |
| Name of lecturer(s) | Elmar BENZ Doris ENTNER Igor VELKAVRH |
| Prerequisites and co-requisites |
Mathematics at Matura level is a prerequisite. In particular the topics
cannot be repeated in the course. This basic knowledge must be acquired independently if necessary. |
| Course content |
|
| Learning outcomes |
In economics, interrelationships are regularly presented in a mathematical-functional way. Numerous cause-effect relationships and recommendations for action are quantitative in nature. In this respect, basic mathematical-quantitative skills are of great importance for students of international business administration. Students are able to calculate simple derivatives and integrals. They are familiar with the basics of set theory and probability theory. They can name and mathematically determine the relationships of basic economic functions (demand, costs, profit, revenue) and are able to state the mathematical foundations of financial mathematical problems. Students can use basic mathematical operations (fractions, power laws, equations) to describe e.g. financial mathematical and other economic problems and relationships. They can solve basic mathematical problems in the areas of fractions and powers and perform calculations with linear and quadratic functions. Students are able to formulate equations for determining the present value, internal interest rate, annuity and redemption calculation and to solve simple financial mathematical problems (interest and compound interest calculation, percentage calculation, present value, annuity calculation). |
| Planned learning activities and teaching methods |
Interactive course with lecture, case studies, exercises in individual and group work |
| Assessment methods and criteria |
Written exam |
| Comment |
None
|
| Recommended or required reading |
Albrecht, Peter (2014): Finanzmathematik für Wirtschaftswissenschaftler: Grundlagen, Anwendungsbeispiele, Fallstudien, Aufgaben und Lösungen. Stuttgart: Schäffer-Poeschel. Arrenberg, Jutta (2012): Wirtschaftsmathematik für Bachelor. Konstanz: UVK Verlagsgesellschaft. Asano, Akihito (2013): An Introduction to Mathematics for Economics. Cambridge: Cambridge University Press. Hass, Otto; Fickel, Norman (2006): Finanzmathematik: finanzmathematische Methoden der Investitionsrechnung. München: R. Oldenbourg Verlag. Kahle, Egbert; Lohse, Dieter (1992): Grundkurs Finanzmathematik. München: R. Oldenbourg Verlag. Leydold, Josef (2003): Mathematik für Ökonomen. 3. Auflage. München: deGruyter Oldenbour. Salomon, Ehrenfried; Poguntke, Werner (2003): Wirtschaftsmathematik. Troisdorf: Fortis-Verlag.
http://statistik.wu-wien.ac.at/~leydold/MOK/HTML/ http://statmath.wu.ac.at/courses/mvw_math/download/handouts/MVW-handouts-all-1x3.pdf |
| Mode of delivery (face-to-face, distance learning) |
Classes without compulsory attendance supplemented by asynchronous teaching units for the presentation of elementary basics, which are assumed as given knowledge |
| Winter Semester 2024 | go Top |