The course will provide an introduction into the application of applied mathematics and statistics as “auxiliary sciences” for business administration purposes as for economic and financial modelling. At the very beginning, economics and business administration will be defined and encircled. We continue by explaining the general concept of modelling, go on with the application of statistical techniques with a special focus on decision making. We finish with some basics of mathematics (which can also be used for business administration purposes as for economic modelling). There will be a strong emphasis on “detecting” interest driven argumentations and on how to apply quantitative techniques in a proper way.
- Teacher: Dirk Linowski