Mathematics for Islamic Economics and Finance

Course unit title

Mathematics for Islamic Economics and Finance

Course unit code

MAT 215

Type of course unit (compulsory, optional)

Compulsory

Level of course units (according to

EQF: first cycle Bachelor, second cycle Master)

Year of study when the course unit is delivered

(if applicable)

Semester/trimester when the course unit is delivered

 3

Number of ECTS credits allocated

Name of lecturer(s)

Course coordinator: Ilmiawan Auwalin , Ph.D.

Lecturers

1. Sulistya Rusgianto, SE, M.IF, Ph. D

2. Dr Tika Widiastuti SE, MSi

3. Meri Indri Hapsari, SE, M.Si., Ph.D

4. Eko Fajar Cahyono, SE, ME

5. Lina Nugraharani, SE, MSEI

6. Sylva Alif Rusmita, SE, CIFP

7. Denizar Abdurrahman Mi'raj, S.EI, M.SEI

Learning outcomes of the course unit

 After taking this course, students are able to understand, compile, present, and analyze quantitative data while applying economic mathematical methods in the fields of Islamic economics and Islamic finance.

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

face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

Course content

This course discusses the basic concepts of mathematical methods, namely descriptive statistics and inferential mathematics, which include methods of collecting, compiling, presenting, analyzing and interpreting data

Recommended or required

reading and other learning resources/tools

1. Chiang, Alpha and Kevin Wainwright (2005), Fundamental Methods of Mathematical Economics. 4th ed. New York: McGraw-Hill.

2. Haeussler, Ernest F. and Richard S. Paul, (2002), Introductory Mathematical Analysis for Business, Economics an the Life and Social Science, Tenth Edition, Prentice-Hall International, Inc., USA.

3. Mirakhor, Abbas and Noureddine Krichene (2014), Introductory Mathematics and Statistics for Islamic Finance, John Wiley & Sons Singapore Pte. Ltd.

4. Bumulo, Hussain and Djoko Mursinto, Mathematics for economics and its applications, Duta Jasa, Fourth Edition.

Planned learning activities and teaching methods

Collaborative Learning, Discussion, Practice with Independent Tasks, Collaborative learning, Assignment, Practicum

Language of instruction

Indonesia

Assessment methods and criteria

Mid and final exams, quizzes and assignments