There are two hours of lectures and three hours of tutorials per week. Among the tutorials, there is a 2-hour traditional tutorial per week, where mainly the tutor presents solved exercises at the blackboard. In addition, there are two parallel 2-hour 'Tutorials for practicing', where mainly the students solve problems under guidance of the tutor and discuss solution strategies. It is recommended that each student attends every two weeks such a tutorial for practicing (either in an even or odd calendar week. Thus, for every student, there is one week with four hours of tutorials and the other week with two hours of tutorials.

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Contents:

1. Vectors

2. Matrices

3. Systems of Linear Equations

4. Functions of Several Variables

Recommended textbook:

A textbook that includes all the topics from the lecture is available now (see Reference 1 below). The use of this textbook is STRONGLY recommended. Further information about the book can be found here.

Literature (Textbooks):

1) Werner, F.; Sotskov, Y.N.: Mathematics of Economics and Business, Routledge, Abingdon, New York, 2006 (free eBook download).

2) Sydsaeter, K.; Hammond, P.J.: Mathematics for Economic Analysis, Prentice Hall, 1995
(there also exists a German version).

3) Chiang, A.C.: Fundamental Methods of Mathematical Economics, Mc. Graw Hill, 1984.

4) Simon, C.P.; Blume, L.: Mathematics for Economists, W.W. Norton & Company, New York, London, 1994.

5) Opitz, O.: Mathematik, Lehrbuch für Ökonomen, Oldenbourg, 1990 (in German).

Exercises for the tutorials:

Below you find the complete list of exercises given at the end of Chapters 6 - 8, 11 in the textbook by Werner and Sotskov. The exercises treated in the tutorials are a subset of these problems, and their numbers are given below in parentheses. These problems should be prepared by every student BEFORE the corresponding tutorial. The answers to these problems can be found on pages 486 - 510 of the textbook mentioned above (see Selected Solutions).

Chapter 6: pdf-File (Exercises 1 - 9b)

Chapter 7: pdf-File (Exercises 1, 3 - 10 and 14 - 17)

Chapter 8: pdf-File (Exercises 1 - 7 and 10 - 11)

Chapter 11: pdf-File (Exercises 1 - 5, 7 - 8, 10 - 11, 14 - 19, 21, 24 - 26 and 28)

Examinations:

There is a one-hour written examination in Mathematical Methods II (in July). As working tools are allowed:

a pocket calculator according to the instructions of FWW and

EITHER ONE individually prepared ONE-SIDED sheet of paper with arbitrary material
    OR textbook `Mathematics of Economics and Business' by Werner and Sotskov

The used material may not contain solved problems from tutorials, lectures and old exams. Every student should indicate the chosen variant on the cover sheet of the examination paper ('1' stands for 'one page' and 'B' stands for 'book'). Note that the use of a collection of (handwritten or printed) copies of pages (of whatsoever) including the Ebook is NOT allowed. If the formula sheet is used, please add your name and matriculation number and hand it in together with your examination

A selection of old (two-hour) examinations (in the related subject Mathematics II) including answers to the problems can be found under
`Lehrmaterial' of the Faculty of Mathematics within the part `Klausuren'.

Selected Past Examinations (1 hr)

Examination July 2019 (pdf)

Retake Examination February 2019 (pdf)

Retake Examination February 2018 (pdf)

Examination July 2017 (pdf)

Examination July 2016 (pdf)

I wish all students success in studying mathematical methods in business and economics!

Quotation: If well used, books are the best of all things; if abused, among the worst.
(Emerson)

<frank.werner@mathematik.uni-magdeburg.de>