Basic Mathematics for Economics

Bangalore Central Campus
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Course Details
Admission Queries

Objectives - 45 Hrs

This course is intended for students who are studying economics, business economics, managerial economics or management courses. The course demonstrates the usefulness and relevance of basic mathematics in economics and business.

UNIT 1 Introduction - 8 Hrs

Why study mathematics; calculators and computers; multiple operations; brackets; Fractions; Decimals; Negative numbers; Powers; Roots and Fractional powers, Introducing Excel

UNIT 2 The straight line, Graphs and Functions - 15 Hrs

The straight line; Mathematical Modelling; Applications: Demand, supply, cost, revenue; More mathematics on the straight line; Translations of linear functions; elasticity of demand, supply and income; Functions; Inverse functions; Graphs of linear functions; Fitting linear functions; Slope; Budget Constraints; Non-linear functions; Using excel to plot functions

UNIT 3 Linear Equations and Quadratic Equation - 10 Hrs

Simultaneous linear equation system; Graphical solution; Equating to same variable; Substitution; Row operations; More than two unknowns; Solving quadratic equations; Graphical solution; Quadratic simultaneous equations; Polynomials

UNIT 4 Financial Mathematics; Series, time and investment - 12 Hrs

Discrete and continuous growth; Interest; Part year investment and the annual equivalent rate; time periods, initial amounts and interest rates; investment appraisal; net present value; the internal rate of return; annuities; loan repayments

References

1.Bose D (2009), An Introduction to Mathematical Methods, Himalaya Publishing House

2.Bradley Teresa (2010), Essential mathematics for Economics and Business, John Wiley and Sons Ltd.

3.Rosser (2003), Basic Mathematics for Economists, Routledge Publications

For any queries at any given time during the application and admission process, you may contact us through the following Email ID’s:

Bangalore Central Campus The Office of Admissions, CHRIST (Deemed to be University), Hosur Road, Bengaluru - 560 029, Karnataka, INDIA Ph. No: +91 92430 80800 Ph. No: +91 80 4012 9400 Email IDs Indian candidates: admissions@christuniversity.in NRI candidates: nri.admission@christuniversity.in International: isc.admission@christuniversity.in	Bangalore Bannerghatta Road Campus CHRIST (Deemed to be University) Hulimavu, Bannerghatta Road, Bengaluru - 560 076, Karnataka, INDIA Ph. No: 080 4655 1306 Email: admissions.bgr@christuniversity.in
Bangalore Kengeri Campus CHRIST (Deemed to be University) Kanmanike, Kumbalgodu, Mysore Road, Bengaluru - 560 074, Karnataka, INDIA Ph. No: +91 80 4012 9800, 9802, 9820 Email: admissions.kengeri@christuniversity.in	Bangalore Yeshwanthpur Campus CHRIST (Deemed to be University) Nagasandra, Near Tumkur Road, Bengaluru 560 073, Karnataka, INDIA Ph. No: +91 97422 44407 Email: admissions.yeshwanthpur@christuniversity.in
Delhi NCR Campus CHRIST (Deemed to be University), Mariam Nagar, Meerut Road, Delhi NCR Ghaziabad - 201003 Ph. No: 1800-123-3212 Email: admission.ncr@christuniversity.in	Pune Lavasa Campus CHRIST (Deemed to be University), Christ University Road, 30 Valor Court, PO Dasve Lavasa, Mulshi, Pune - 412112, Maharashtra Ph. No : 1800-123-2009, Email: admission.lavasa@christuniversity.in

Between: Monday to Friday: 09:00 AM to 04:00 PM, Saturday: 09:00 AM to 12:00 PM
(Office remains closed on Sundays, Government Holidays and Any special events)

CHRIST UNIVERSITY

(Deemed to be University)

Dharmaram College Post, Hosur Road, Bengaluru - 560029,
Karnataka, India

Tel: +91 804012 9100 / 9600

Fax: 40129000

Email: mail@christuniversity.in

Web: http://www. christuniversity.in

Vision

EXCELLENCE AND SERVICE

Mission

CHRIST (Deemed to be University) is a nurturing ground for an individual's holistic development to make effective contribution to the society in a dynamic environment.

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