Mathematics for Business and Economics
| Numbering Code | P-MGT75 50024 LE55 | Year/Term | 2022 ・ First semester |
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| Number of Credits | 2 | Course Type | Lecture |
| Target Year | Target Student | ||
| Language | English | Day/Period |
Sat.3・4 every 2 weeks |
| Instructor name |
FUJIKAWA KIYOSHI (Part-time Lecturer) YAMAMOTO TAKASHI (Graduate School of Management Professor) |
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| Outline and Purpose of the Course |
Course description This course provides an introduction to the mathematical methods used for analyses in business and economics with concrete examples. After a review of the basic concepts in mathematics, the course will cover such topics as functions, graphs, matrix algebra (simultaneous equation), sequence, calculus (derivative rules, partial and total differentiation) and optimization with/without conditions. An emphasis will be placed to illustrate mathematical methods with numerical examples provided by MS-Excel files. Course Objective The objective of this course is to provide the essential mathematical foundation required to study business and economics as well as MS-Excel skills. |
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| Course Goals | The goal of this course is to understand the basic concepts of mathematical methods for analysis in business and economics. | ||
| Schedule and Contents |
Course Schedule 01 Introduction of MS-Excel 02 linear function and non linear function 03 Graphs in MS-Excel 04 Sequence and difference equation 05 Financial mathematics in MS-Excel 06 Differential of polynomial, exponential and logarithmic function 07 Increase and decrease of function, extreme value, maximum and minimum 08 Mid term Q&A session 09 Differential and applications in economics 10 Partial differential and application in economics 11 Linear programming and Sover in MS-Excel 12 Optimization with conditions 13 Matrix algebra and MS-Excel Matrix functions 14 Simultaneous equation and application 15 Term end Q&A session |
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| Evaluation Methods and Policy |
Grading of the course will be determined as follows: 1. Performance in the class 30% 2. Term report 70% |
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| Course Requirements | None | ||
| Study outside of Class (preparation and review) | Announced according to the progress. | ||
| References, etc. |
Essential Mathematics for Economics and Business, Bradley Teresa, (Wiley), ISBN:978-1118358290 Mathematics for Economists, Carl P. Simon, Lawrence E. Blume, (W. Norton & Company), ISBN:978-0393957334 Mathematics for Economists: An Introductory Textbook, Malcolm Pemberton, Nicholas Rau, (Manchester University Press), ISBN:978-1784991487 Mathematics for Economics and Business: An Interactive Introduction, Jean Soper, (Wiley-Blackwell), ISBN:978-1405111270 Mathematics for Economists: An Integrated Approach, E. Roy Weintraub, (Cambridge University Press), ISBN:978-0521245357 |
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