Differential equations and business mathematics
| Structure Type: | Course |
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| Code: | KC23AK10056 |
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| Type: | Compulsory |
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| Level: | Bachelor |
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| Credits: | 3.0 points |
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| Responsible Teacher: | Kokkonen, Heikki |
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| Language of Instruction: | Finnish |
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Course Implementations, Planned Year of Study and Semester
| Curriculum | Semester | Credits | Start of Semester | End of Semester |
| KOTU-2013AUTO |
2 autumn |
3.0 |
2014-09-01 |
2014-12-31 |
| KOTU-2013KOTU |
2 autumn |
3.0 |
2014-09-01 |
2014-12-31 |
| KOTU-2014AUTO |
2 autumn |
3.0 |
2015-08-01 |
2015-12-31 |
| KOTU-2014KOTU |
2 autumn |
3.0 |
2015-08-01 |
2015-12-31 |
| KOTU-2015AUTO |
2 spring |
3.0 |
2017-01-01 |
2017-07-31 |
| KOTU-2015KOTU |
2 spring |
3.0 |
2017-01-01 |
2017-07-31 |
| KOTU-2016AUTO |
2 spring |
3.0 |
2018-01-01 |
2018-07-31 |
| KOTU-2016KOTU |
2 spring |
3.0 |
2018-01-01 |
2018-07-31 |
Learning Outcomes
Upon completion of the course, student will
- understand the concept of differential equation.
- be able to solve simple differential equations.
- be able to calculate interest and loans.
- be able to calculate various types of investment.
- be able to use calculaiton tools.
- be able to use the above-mentioned methods in their Professional Studies and the working world.
Student's Workload
Total work load of the course: 80 h
- of which scheduled studies: 48 h
- of which autonomous studies: 32 h
Prerequisites / Recommended Optional Courses
No previous studies are required.
Contents
- Concept of a differential equation
- Separate differential equations
- First- and second-order linear differential equations
- Value-added tax
- Compound interest
- Loans
- Investment calculations
Recommended or Required Reading
To be announced at the beginning of the course.
Mode of Delivery / Planned Learning Activities and Teaching Methods
- Lectures and calculations: 48 h
- Independent study
Assessment Criteria
excellent (5): student understands and is able to apply the methods of differential equations and mathematical economics excellently
good (3-4): student understands and is able to apply the methods of differential equations and mathematical economics well
satisfactory (1-2): students understands the basics of differential equations and mathematical economics
Assessment Methods
Final exam
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