Applied Mathematics in Economics

APPLIED MATHERMACTICS IN ECONOMICS

Subject code
IM3041
Number of hours
45
Number of credits
3
Level
Bachelor Full-Time
Major
Industrial Management
Minor
Business Administration, Industrial Management
Semester
2
Campus
2 (Linh Trung)
Department
Management Information System
Lecturer
Nguyễn Ngọc Bình Phương, Trương Minh Chương

This course will help learners to review necessary knowledge in mathematics in order for them to firmly grasp applied mathematics contents during Industrial Management program. Through this course, learners will be able to understand and know how to apply mathematics in analyzing and solving the real problems in business and economics.

Topics such as discounting, compounding, loan schedule, and various depreciation methods are all explained by mathematical principles. Other mentioned topics are graphical presentation and its application in economic analysis, how to apply basic algebraic expressions and functions to solve economic problems.

This course also introduces how to apply the elementary differentiation, integration in solving the real problems in business and economics.