Differential equations and business mathematics (3cr)

Objective

Upon completion of the course, student will
- understand the concept of differential equation.
- be able to solve simple differential equations.
- be able to calculate interest and loans.
- be able to calculate various types of investment.
- be able to use calculaiton tools.
- be able to use the above-mentioned methods in their Professional Studies and the working world.

Content

- Concept of a differential equation
- Separate differential equations
- First- and second-order linear differential equations
- Value-added tax
- Compound interest
- Loans
- Investment calculations

Qualifications

No previous studies are required.

Assessment criteria, satisfactory (1)

satisfactory (1-2): students understands the basics of differential equations and mathematical economics

Assessment criteria, good (3)

good (3-4): student understands and is able to apply the methods of differential equations and mathematical economics well

Assessment criteria, excellent (5)

excellent (5): student understands and is able to apply the methods of differential equations and mathematical economics excellently

Materials

To be announced at the beginning of the course.