Methodological Competence
- Know the central mathematical techniques for economic analysis that are often used in business applications.
- Understand the economical content of the assumptions used to derive economical laws and describe these assumptions in words and mathematical symbols.
- Use the concepts discussed in a correct and purposeful way and interpret the results in the context.
- Use pocket calculators to find the results needed.
- Apply standard learning techniques in abstract contexts so that they get used to working with scientific publications on their own.
- Can analyze economic or business cases using mathematical models.
- Can propose economic laws and check those laws using mathematical techniques.
- Can critically check the contents of mathematical models while planning economical action or deriving economic laws.
- Build up skills to argue rationally in a scientific environment.