151-0301 – Mathematics B (Mat B)

The students will be able to master the basic techniques specified by the three main topics (see below, items 1-3). Also, they will be able to freely, but logically correct, discuss selected theoretical units that will allow talented individuals to excel. The student will also have an overview of basic application possibilities of the discussed apparatus in the field of economics. (1) The student will be introduced to the basics of linear algebra and its application possibilities in economics. (2) The student will be able to apply the basic rules and formulas for the calculation of integrals, use them to calculate the area of planar regions, and for calculating of improper integrals and integrals of discontinuous functions. The student will be able to discuss the relating application possibilities in economics. (3) The student will be able to find local extrema of functions of two variables without/with constraints, level curves and total differential, will be able to decide whether the given function is homogeneous. The student will be able to discuss the relating application possibilities and to mention appropriate generalizations for functions of 'n' real variables.

The course is focused on the practical mastery of selected mathematical methods in the field of linear algebra and calculus, which form the basis for further quantitative considerations in related subjects. The student will also be acquainted with the derivation of basic theoretical findings. This enables the development of logical skills, which form the basis for analytical and critical thinking. For better motivation of students, the presentation in lectures is always connected with appropriate economic problems.

LARSON, Ron a David C. FALVO. Elementary linear algebra. 6th ed. Belmont: Brooks/Cole Cengage Lerning, 2010. ISBN 978-0-495-82923-2. TAN, Soo Tang. Multivariable calculus. International ed. Belmont: Brooks/Cole Cengage Learning, 2010. ISBN 978-0-495-83150-1. HOY, Michael, LIVERNOIS, John Richard and MCKENNA, C. J. Mathematics for economics. Cambridge: The MIT Press, 2022. ISBN 9780262046626.

STEWART, James. Calculus: metric version. Eighth edition. [Boston]: Cengage Learning, [2016]. ISBN 978-1-305-26672-8.