Course information
Learning outcomes
After this course the student knows the basic mathematics needed in the analyses of economic models. The student also understands the basic principles of building mathematical models of economic phenomena.
Content
Course includes the following topics:
- linear algebra
- multivariate calculus
- unconstrained and constrained optimization
Teacher
Mitri Kitti
Study material
Simon, Carl P. and Blume, Lawrence: Mathematics for Economists (1994).
Workload
Lectures, Exercises, Independent work. Total 160h.
Prerequisites
Recommended:
Taloustieteen perusteet / Principles of Economics. Compulsory courses in quantitative methods.
Evaluation
Examination, exercises and class contribution.
Teaching time and location
The teaching time and the location of the course can be found in the Sisu information system.
- The link leads to Completion methods tab of the course page
- From the top of the page (Version drop-down menu), check that academic year 2026-2027 is selected
- From the blue bar, choose the right teaching and open the Groups and study events tab to see the teaching time and location of the course. To see exam times, click Exam.
Exam instructions at the Open University
The teacher has four (4) weeks to grade the exam submissions starting from the exam date.
Further information
Equivalences to other courses:
31C01100 Taloustieteen matemaattiset menetelmät
Online learning environment for the course
The MyCourses online learning environment is a tool for both students and teachers for communication and managing everyday course work. You need an Aalto User ID to log in to the course's MyCourses workspace and participate in teaching.
Digital workspace of the course:
MyCourses
More details on completing the course will be available at MyCourses closer to the start of the course.
Registration and course fee
Registration for Open University courses is done via the link below:
Course registration
Registration for this course starts on 10.8.2026 at 9.00
Registration for this course ends on 5.9.2026 at 23.59
It is not possible to register before the registration period has started or after it has ended.
The number of participants is limited to 6.
This course is organized by the Aalto University School of Business.
The course fee is paid upon registration for each course at a time and it is binding. Familiarize yourself with registration and payment rules as well as other guidelines for students:
Registration, payments and rules
