MODULE DESCRIPTION

Module title Mathematics for Economists

Module code OMAT
Study program Economics and Management

Module coordinator/Lecturer
Office hours
Type Lecturer Email Office
(if any)
Module
Dr. Le Van Ha [email protected] B108 9:00am – 4:00pm
Coordinator
Assoc. Prof. Pham
Lecturer [email protected] B110 9:00am – 4:00pm
Thanh Duong
Tutorial
Lab
Other None

Classification Compulsory Compulsory optional Optional/Elective

Semester

Student workload
Credits 10 ECTS
Teaching periods 90 AHs
Assignments and independent learning 210 AHs
Total Working hours 300 AHs

Frequency The module is offered each winter semester.

Prerequisites
Students who have completed or are exempted from the Foundation Year at VGU are eligible to
register for this course. No prior training other than the mathematical knowledge at the Vietnamese
high school level is required

Applicability for other modules

OMAT 1+2 is designed for undergraduate students. Students will be prepared mathematical tools for higher
level economic and business analyses. Mathematical concepts and applications are developed and drawn
from a wide range of fields in economics and business.
Intended learning outcomes (These are learning outcomes of the module. What are the skills, abilities, or major concepts
a student is expected to acquire in this module? If multiple lecturers will teach the module, consider which objectives are likely to be
common to each instance. )

The courses will cover univariate and multivariate calculus, both constrained and unconstrained
optimization, and linear algebra.
Having successfully completed this module you will be able to:
 Solve difference and differential equations.
 Solve unconstrained optimization problems involving functions of single and multiple variables.
 Solve constrained optimization problems involving functions of single and multiple variables using
the Lagrange multiplier method and Kuhn-Tucker conditions.
 Conduct comparative static analysis
 Solve simultaneous equations.

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 MODULE DESCRIPTION
Module title Mathematics for Economists
Module code OMAT
Study program Economics and Management

 Perform basic matrix operations, including addition and subtraction, scalar multiplication, matrix
multiplication, transposition and inversion.
 Master content in advanced topics in linear algebra including calculating in vector spaces, solving
eigenvalue problem, perform matrix diagonalization, and finding the matrix of the quadratic form

Contents (Outline of subject and topics explored)

Topic Reading
# Lecture
1. Introduction - Review of fundamentals C1,2,3
Sequences, Series and Limits
2. Sequences, Series and Limits (cont.) C3, 4
Continuity of functions
3. Derivative and Differential for functions of one variable C5
4. Derivative and Differential for functions of one variable (cont.) C5
5. Optimization of functions of one variable C6
6. Optimization of functions of one variable (cont.) C6
7. Systems of linear equations C7
8. Matrices C8
9. Matrices (cont.) C8
10. Matrices (cont.) C8
11. Determinants and the Inverse Matrix C9
12. Determinants and the Inverse Matrix (cont.) C9
13. Vectors C10
14. Vectors C10
15. Vectors C10
16. Calculus for functions of n-variables C11
17. Calculus for functions of n-variables (cont.) C11
18. Optimization of functions of n-variables C12
19. Optimization of functions of n-variables (cont.) C12
20. Constrained Optimization C13
21. Constrained Optimization (cont.) C13
22. Comparative statics C14

Concave Programming and the Kuhn-Tucker Conditions C15

23.
Review
24.

Learning activities

The course teaching methodologies will be composed of lectures, applications, homework assignments, and
self-study.
 Reading books on specific chapters in the reading list before the lecture started is compulsory
 Main lectures provide you with an overview of the material.
 Application is used for discussion of your exercises (offered on e-learning), and practicing with
exam-like problems that are distributed in class. You need to prepare exercises as your homework in
advance.

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 MODULE DESCRIPTION
Module title Mathematics for Economists
Module code OMAT
Study program Economics and Management

Module materials

Michael Hoy, John Livernois, Chris McKenna, Ray Rees, and Thanasis Stengos, Mathematics for Economics,
3rd edition, MIT Press

Mode of assessment
You will be evaluated based on the results of final exam.

Final examination:
There is a 120 minute written examination with multiple choices and open questions. The date of
regular exam will be announced by the secretary.
Furthermore,
 Be aware that all materials that are presented and discussed in the classes may be subject
to examination (that is, the exam is not limited to the course textbook).
 Mock exam will be made available on e-learning.
 Mind also that graphical calculators are not allowed during the examination according to
the official examination rules.
 Be aware that in the case that on-site examinations cannot be organized due to outbreaks
of diseases (e.g. nCovid pandemic), online examinations will be applied. Formats of online
exam will follow The Online Examination Regulation and The General Examination
Regulation.

Attendance and Absence

Based on the new regulation at Faculty of Economics and Management - VGU, in each class, all
students will be checked the attendance. Students can miss max. 20% of the lectures without any
penalty. Students who have the attendance rate of less than 80% of total lectures may not fulfil
the requirement to take part in the final and retake exams.

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 MODULE DESCRIPTION
Module title Mathematics for Economists
Module code OMAT
Study program Economics and Management

Written/updated by Approved by

Date / /2022 Date / /2022

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