Mathematic for Economics I

Course unit title

Mathematic for Economics I

Course unit code

MAT111

Type of course unit (compulsory, optional)

Compulsory

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

First cycle Bachelor

Year of study when the course unit is delivered

(if applicable)

Year 1

Semester/trimester when the course unit is delivered

Semester 1

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Martha Ranggi Primanthi, SE., MIDEC.,

Dra. Ec., Dyah Wulansari, M.Ec.Dev., Ph.D

Dr. Achmad Solihin, SE., Msi.,

Dr. Deni Kusumawardani, SE., M.Si.,

Sochrul Rohmatul Ajiza, SE.,MA.,

Henny Kurniawaty, SE., MSE.,

Okta Sindhu Hartadinata, SE., M.Ak.,BKP.,

Learning outcomes of the course unit

Students are able to apply mathematical models as tools in economics

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

None

Course content

Mathematic for Economics I  discusses certain topics as follows :

1.             Ingredients of a Mathematical Model, Relation and Functions,

2.             Equilibrium Analysis in Economics,

3.             Limits and Differentiation,

4.             Additional Differentiation Topic and Curve Sketching,

5.             Additional Differentiation and Curve Sketching,

6.             Applications of Differentiation,

7.             Integration,

8.             Methods and Applications of Integration,

9.             Linear Models and Matrix Algebra,

10.          Mathematics of Finance

.

Recommended or required

reading and other learning resources/tools

1.              Alpha C. Chiang. 2005, Fundamental Methods of Mathematical Economics, Mac Graw Hill Company Inc, New York

2.              Ernest F. Haeussler & Richard S. Paul, 2009, Introductory Mathematical Analysis for Business Economics in the Life and Social Science, Thirteen Edition, prentice-Hall International Inc, USA

Planned learning activities and teaching methods

Teaching, discussions, and problem based learning.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Mid-exam and final-exam