International Business Studies PT
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Applied Business Mathematics

level of course unit

1. Study cycle, Bachelor

Learning outcomes of course unit

The students are able to:
• use mathematical methods of differential calculus for economic problems.
• discuss the basics of financial mathematical expressions and to derive them by means of exponential calculus instruments.
• able to analyze and evaluate macro- and microeconomic issues within the frame-work of mathematical models.
• solve fundamental economic and financial mathematical tasks independently.
•use mathematical expressions as a basis for statistical data analysis.
• use software like WolframAlpha and Excel for analysis and visualization of mathe-matical problems.
• able to implement optimization tasks on the basis of multivariate functions and to represent them with suitable software

prerequisites and co-requisites


course contents

• Linear and quadratic functions
• Elementary financial mathematics
• Differential calculus
• Linear systems of equations
• Analysis of functions with two variables
• Optimization with Lagrange function

recommended or required reading

• Sydsaeter, Knut; Hammond; Peter; Strom, Arne: Mathematik für Wirtschaftswissen-schaftler: Basiswissen mit Praxisbezug. Pearson Studium (in the current edition)
• Christiaans, Thomas; Ross, Matthias: Wirtschaftsmathematik für das Bachelor-Studium. Springer Gabler (in the current edition)
• Hettich, Günter; Jüttler, Helmut; Luderer, Bernd: Mathematik für Wirtschaftswissen-schaftler und Finanzmathematik. Oldenbourg Wissenschaftsverlag (in the current edition

assessment methods and criteria

Online tasks, term paper, exam

language of instruction


number of ECTS credits allocated


eLearning quota in percent


course-hours-per-week (chw)


planned learning activities and teaching methods

Blended Learning

semester/trimester when the course unit is delivered


name of lecturer(s)

Prof. (FH) Dr. Peter Dietrich

course unit code


type of course unit

integrated lecture

mode of delivery


work placement(s)