MATHEMATICS FOR BUSINESS AND ECONOMICS

After completion of this course the student will be able to: 1. Calculate a value of determinant and specify it properties. 2. Solve exercises with a matrix, conduct basic arithmetic operations with matrices and specify their properties. 3. Determine and discuss solutions of system of linear equations and inequalities. 4. Solve exercises including a vector and arithmetic operations with vectors. 5. Examine a function and explain basic concepts of function of one variable, and draw its graph. 6. Calculate a derivative of the function of one variable, interpret it economically and geometrically 7. Calculate and interpret indefinite and definite integrals and apply the definite integral to surfaces calculation and to solve economic problems. 8. Explain basic concepts of several variable, as well as to apply partial derivatives to extreme values determination. 9. Interpret and explain theorems regarding the concepts learned. 10. Apply learned concepts and theorems on economic phenomenon and create a simpler mathematical- economic models including those from the Financial Mathematics.