Calculus for Economics, Commerce and Management

By Prof. I. K. Rana | IIT Bombay

Learners enrolled: 1042 | Exam registration: 106

ABOUT THE COURSE:
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.

INTENDED AUDIENCE : Students, PhD scholars, teachers, industry PREREQUISITES : Basic School Mathematics

Summary

Course Status :	Ongoing
Course Type :	Core
Duration :	8 weeks
Category :	Mathematics
Credit Points :	2
Level :	Undergraduate
Start Date :	22 Jul 2024
End Date :	13 Sep 2024
Enrollment Ends :	05 Aug 2024
Exam Registration Ends :	16 Aug 2024
Exam Date :	22 Sep 2024 IST

Note: This exam date is subjected to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

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

Books and references

Chiang, A.C. (2005): Fundamental Methods of Mathematical Economics, McGraw Hill, ND.,

Instructor bio

Prof. I. K. Rana

IIT Bombay

Prof. Inder K. Rana presently is an Emeritus Fellow at Department of mathematics, IIT Bombay. He has an experience of 36 years of teaching mathematics courses to undergraduate (B. Tech) and master’s M.Sc. students at IIT Bombay. He has authored 4 books,namely,“Introduction to measure and Integration” American Mathematical Society, Graduate Studies in Mathematics Volume 45, 2000,“From Numbers to Analysis” World Scientific Press, 1998 ,Calculus @IITB: Concepts and Examples, math4all, India, 2007 “From Geometry to Algebra: A course in Linear Algebra” math4all, India, 2007.He has won three awards,“C. L. Chandna Mathematics Award” for the year 2000 in recognition of distinguished and outstanding contributions to mathematics research and teaching. The award is given by ‘SaraswatiVishvas Canada”,“Excellence in Teaching” award for the year 2004 Awarded by IIT Bombay, based on the evaluations by students."Aryabhata Award" 2012 All India Ramanujan Math Club, India, for teaching and work towards math education in India.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 22 September 2024 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 6 assignments out of the total 8 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Bombay .It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team

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