Mathematics in Practice
Course code
MLM6106.DT
old course code
MLM6106
Course title in Estonian
Praktiline matemaatika
Course title in English
Mathematics in Practice
ECTS credits
4.0
approximate amount of contact lessons
52
Teaching semester
autumn
Assessment form
assessment
lecturer of 2019/2020  Autumn semester
Jüri Kurvits (eesti keel) tavaline kursus
lecturer of 2019/2020  Spring semester
lecturer not assigned
Course aims
To develop basic skills for understanding the most important mathematical methods in economics, social and life sciences. General subject and core subject of the program "Mathematics in Economics ".
Brief description of the course
Sources and types of data, tabulation and graphical presentation of data, relations. Exponential growth. Interests, time value of money, loans. Equations and matrix manipulation. Optimization problems. Least squares fitting in data analysis. Linear programming problems. Basic ideas of probability, probability distributions. Normal distribution.
Independent work
Independent work includes getting acquainted with the lecture material and solving homework.
Learning outcomes in the course
Knows mathematical facts and is able to use methods in volume of a subject.
Assessment methods
Knows mathematical facts and is able to use methods in capacity of the subject

Teacher
lektor Jüri Kurvits
Study literature
J. Curwin, R. Slater. (1995, 2000). Quantitative Methods for Business Decisions. Chapman&Hall.
Hoffmann, L. D.; Bradley, G. L. (2007) Calculus. For Business, Economics, and the Social and Life Sciences. 9th Ed., McGraw Hill.
Replacement literature
J. Curwin, R. Slater. (1995, 2000). Quantitative Methods for Business Decisions. Chapman&Hall.
Hoffmann, L. D.; Bradley, G. L. (2007) Calculus. For Business, Economics, and the Social and Life Sciences. 9th Ed., McGraw Hill.