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Calculus for Economics,Commerce and Management

Indian Institute of Technology Bombay via NPTEL

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Overview

This course is based on the course"mathematics for Economics, Commerce and Management", which was run at IIT Bombay for 8 years. Mathematical tools give a precise way of formulating and analyzing a problem and to make logical conclusions. Knowledge of mathematical concepts and tools have have become necessary for students aspiring for higher studies and career in any branch of Economics, Commerce and Management. Math for ECM aims to strengthen the mathematical foundations of students of Economics, Commerce, and Management. Professionals working in these field, wishing to upgrade their knowledge, will also benefit. The stress of the course will be on building the concepts and their applications. The main topic will be Calculus and its applications.

Syllabus


Week 1 : Revision of basic concepts from Mathematical finance
Week 2 : Basic set theory and concept of functions
Week 3 : Limits and Continuity of a function of one variable and its applications
Week 4 : Derivative and tools to compute
Week 5 : Application of derivatives in increasing/decreasing
Week 6 : Application of derivatives in optimization
Week 7 : Functions of several variables
Week 8 : Applications

Taught by

Inder K. Rana

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