SMK-College of Social Sciences

Ulonų g. 5, LT.08240 Vilnius-LITHUANIA

www.smk.lt

COLLEGE OF SOCIAL SCIENCESVilnius Branch

MATHS FOR ECONOMICS AND BUSINESS (SCHEDULE)

SPRING SEMESTER 2010

D A Y C O N T E N T S

FIRST QUIZMAY 13th 2010(Thursday)

FIRST QUIZ

Ian Jacques book “Mathematics for economics and business” 5th edition that has been distributed by mail.

Sections of the book included in the quiz:

1.1. Graphs of linear equations1.2. Algebraic solution of simultaneous linear equations1.3. Supply and demand analysis1.4. Algebra1.5. Transposition of formulae1.6. National income determination2.1. Quadratic functions2.2. Revenue, cost and profit4.1. The derivative of a function4.2. Rules of differentiation4.3 Marginal functions

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SMK-College of Social Sciences

Ulonų g. 5, LT.08240 Vilnius-LITHUANIA

www.smk.lt

FINAL EXAM10th JUNE 2010(Thursday)

FINAL EXAM

CONTENTS :

Ian Jacques book “Mathematics for economics and business” 5th edition that has been distributed by mail.

The following sections are compulsory for all the students. The students that decide to answer only the questions related to the following sections only will get a 7 as a final mark at the exam.

1.1. Graphs of linear equations1.2. Algebraic solution of simultaneous linear equations1.3. Supply and demand analysis1.4. Algebra1.5. Transposition of formulae1.6. National income determination

2.1. Quadratic functions 2.2. Revenue, cost and profit 4.1. The derivative of a function 4.2. Rules of differentiation 4.3 Marginal functions

The following sections are optional for those students that want to get a 9 at the final exam

4.4. Further rules of differentiation 4.5. Elasticity 4.6. Optimization of economic functions 7.1. Basic matrix operations

The following sections are optional for the students that want to get 10 at the final exam.

4.7 Further optimization of economic functions 5.1 Functions of several variables 5.2 Partial elasticity and marginal functions 5.4 Unconstrained optimization 5.5 Constrained optimization 5.6 Lagrange multipliers 7.2 Matrix inversion 7.3 Cramer’s rule 7.4 Input-output analysis

SET OF EXERCISES

Dead-line for hand in the homework.

There is a set of problem that you can download from the blog. The set of

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SMK-College of Social Sciences

Ulonų g. 5, LT.08240 Vilnius-LITHUANIA

www.smk.lt

Dead line 15th of June 2010

problems is optional and has to be hand in to the Lecturer by 15 th of June (by mai) or in a hard copy in the Academic Department of the College. You can get 2 extra points from your homework to be added to the mark obtained at the final exam.

The set of problems will be evaluated in the following way:

EVALUATION CRITERIA : ∑ A+B.

A) 0.5 points if you hand in the exercises before the dead-.line. If you hand in it after the dead-line you will not get any additional point.

B) 1.5 points if there are not important mistakes in your answers.0.75 points if there are some important mistakes in your answers.0.25 points if there are many important mistakes.

0 points if you don’t hand in the exercises before or after the dead-line.

Some additional information:

At the final exam you can use the book of Ian Jacques that it was distributed by mail.

Don’t forget your calculator.

The exam will have between 10 and 20 questions and it will last 2 hours.

The Erasmus student BELGIN B. will take the final exam next Thursday 27th May at 12:15 am. Just please contact me to confirm that you will take the exam this day.

The student Martynas S. has permission to take the exam at home. He will receive the exam by mail on Thursday 15th at 10:30 am in the morning. And he has to send the exam by mail (scanned) the same day by 5 pm.

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Lecturer

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