Compulsory Area, Methods and Procedures

The first three semesters of the program each include two compulsory modules in mathematics and statistics. They are all one semester long and each comprise 5 credit points.

See below for short descriptions of the modules. Details on their scheduling, exam participation restrictions, and more are available on the German version of this website.

Mathematics

• Analysis in Economic Contexts (Analysis im wirtschaftswissenschaftlichen Kontext)

This module teaches the basics of analysis, particularly differentiation, integration, and linear differential equations, and it applies these to various optimization problems.

• Linear Algebra in Economic Contexts (Lineare Algebra im wirtschaftswissenschaftlichen Kontext)  

This module is about the basics of linear algebra, such as vectors and matrices and linear systems of equations, with applications to various optimization problems.

Statistics

• Descriptive Statistics (Deskriptive Statistik)

This module covers basic methods and approaches of descriptive statistics and probability theory. It includes empirical distribution functions, histograms, characteristics of distributions, and combinatorics.

• Inductive Statistics (Induktive Statistik)

In this module, you learn to use probability theory considerations to make statements about the corresponding population based on samples. It involves limit theorems, parameter estimates, confidence intervals, significance tests, correlation measures, and linear regression.