Differential equations and business mathematics (3cr)

Code: KC23AK10056-3004

General information

Enrollment: 02.12.2017 - 18.02.2018; Registration for the implementation has ended.

Timing: 01.01.2018 - 25.02.2018; Implementation has ended.

Number of ECTS credits allocated: 3 cr

Local portion: 3 cr

Mode of delivery: Contact learning

Degree programmes: Bachelor of Engineering, Mechanical Engineering

Teachers: Katja Miettinen

Course: KC23AK10056

Evaluation scale

1-5

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

Materials

To be announced at the beginning of the course.

Teaching methods

- Lectures and calculations
- Independent study

Student workload

Total work load of the course: 80 h
- of which scheduled studies: 40 h
- of which autonomous studies: 40 h

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

Qualifications

No previous studies are required.