151-0500 – Mathematics A (Math A)

Knowledge • Define the function of one variable. • Find the domain and range and basic properties. • Draw graphs of elementary functions. • Compute limits and derivates of functions. • Find the properties of no elementary functions a draw theirs graphs. • Obtain easier imagine about economic functions. Comprehension • Express economic dependences using a mathematical function. • Explain the slope of a function. • Restate the terms “concavity” and “convexity” into the “degressive” and “progressive”. • Generalise the functions on the dependences in the real live. Applications • Relate economic and mathematical functions. • Discover the tools suitable for describing of dependences in economics and other sciences. • Develop the technique of graphs drawing.

The subject continues fulfilling general methodical and professional goals of Mathematics, i.e. to train the rational thinking and the ability to conceive and work with quantitative information concerning the real world. This is being done especially by mathematization of the practical as well as theoretical economic problems. This subject supplies the students’ education with realms of higher Mathematics which is applicable namely to the creation and investigation of economic models.

[1] SYDSAETER, K., HAMMOND, P. J. Mathematics for Economics Analysis. Pearson, 2002, ISBN 978-81-7758104-1. [2] HOY, M., LIVERNOIS, J., MCKENNA, Ch., REES, R., STENGOS, T. Mathematics for Economics. The MIT Press, London, 3rd edition, 2011, ISBN 978-0-262-01507-3. [3] TAN, T.S. Single variable calculus: early transcendentals. Brooks/Cole Cengage Learning, Belmont, 2011, ISBN 978-1-4390-4600-5.

[1] CARVAJAL, Andrés M., HAMMOND, Peter J., STRØM, Arne, SYDSAETER, Knut. Essential mathematics for economic analysis. Pearson, 5th edition, 2016, ISBN 978-1-292-07461-0. [2] STOCKER, Christopher J., ZIEGLER, Michael R., BYLEEN, Karl E., BARNETT, Raymond A. College mathematics for business, economics, life sciences, and social sciences. Pearson, 14th edition, 2019, ISBN 978-0-13-467414-8.