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LO-1
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Explaining the mathematical and economic meaning of the derivative and using the derivative in economic analysis. |
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LO-2
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To be able to define linear and quadratic functions and explain their usage areas in economics. |
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LO-3
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By explaining the basic properties of exponential and logarithmic functions, to be able to define in which fields and for what purpose these types of functions are used in economics undergraduate education. |
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LO-4
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Explaining the solution methods of linear equation systems and using this knowledge in economic applications. |
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LO-5
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To be able to solve systems of equations with inverse matrix, Gauss method and Cramer's rule by recognizing the notations used with matrix algebra terminology. |
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LO-6
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To define the concept of multivariate function and to use functions with two or more variables in economic applications. |
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LO-7
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To define the concept of optimization in economic functions and to find the maximum and minimum points of single and multivariate functions. |
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LO-8
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To be able to solve constrained optimization problems in two-variable functions by defining the concept of constrained optimization in economic functions. |