SF1627 Mathematics for Economists 9.0 credits

Basic course in elementary Calculus for applications in economics. This course is aimed at practical calculations and computations in economics applications rather than mathematical theory and it contains no trigonometry. Part of the content is taken from the Swedish high school mathematics course D. This course may not be included in a regular KTH MSc programme in engineering.
Choose semester and course offering
Choose semester and course offering to see current information and more about the course, such as course syllabus, study period, and application information.
Content and learning outcomes
Course contents
Elementary functions, especially logarithms, polynomials, exponential functions, the sum symbol and certain simple sums, especially geometric sums, differential calculus in one and several variables, extreme value problems with and without constraints, local approximation of functions in one variable by linear and quadratic polynomials (Taylor's formula), interpretation of derivatives and integrals as present value, price elasticity, consumer surplus etc.
Intended learning outcomes
After the course the student should be able to
- use concepts. theorems and methods to solve and present solutions to problems within the parts described by the course content,
- read and comprehend mathematical text.
Course disposition
Literature and preparations
Specific prerequisites
Basic requirements.
Recommended prerequisites
Equipment
Literature
Announced no later than 4 weeks before the start of the course on the course web page
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- TENB - Examination, 6.0 credits, grading scale: A, B, C, D, E, FX, F
- TENC - Examination, 3.0 credits, grading scale: P, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
The examiner decides, in consultation with KTHs Coordinator of students with disabilities (Funka), about any customized examination for students with documented, lasting disability. The examiner may allow another form of examination for re-examination of individual students.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information
Course web
Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.
Course web SF1627