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Mathematical Methods for Economics and Finance

Please register for this lecture AND the tutorial (Übung) in





taught by Dr. Ernst August Frhr. v. Hammerstein


This lecture is aimed at students of the MSc VWL and MSc Economics (all profiles) who are at the beginning of their studies. Mathematical tools going beyond the undergraduate level are provided. The lecture will cover a range of relevant mathematical tools and techniques that are typically required for further studies in economics.

At the end of the course students should be able to understand and apply these tools. The methods discussed in class help students to read current economic research papers and work with economic models. Thus, they might be able to fully concentrate on the economics in their economic courses. During the semester the students practice the methods which are discussed in class with the help of problem sets.

  • Topics in Linear Algebra
  • Multivariate Calculus
  • Static Optimization
  • Differential Equations
  • Probability Theory

Weekly Dates

Wednesdays 2:15pm-3:45pm

The lecture will be taught virtually via BigBlueButton (live). Video recordings will be uploaded to ILIAS.

The link to the virtual BigBlueButton-room, together with some hints and instructions for the BigBlueButton login, can be found on the ILIAS page for this course (see also below).

First MeetingOctober, 20, 2021
Good command of calculus and linear algebra at the undergraduate level

120 Min. written exam.

Please find the current examination dates on the examination office's homepage.

For a correct identification, please bring your UniCard AND your ID to the exam.

For details on the registration and the registration period for the first exam, please also look at the websites of the examination offices of Economics , VWL and Mathematics for further information!

The post-exam review is scheduled for Tuesday, March 1, 2022, from 14-15 o'clock in SR 02 0212, Rempartstr. 10-16 (Economics building).
Please do not forget to bring an identity card as well as a 3G-certificate with you!

ILIASCourse materials will be available on ILIAS. The password necessary to register for the course on ILIAS will be sent via email to all who have registered in HISinOne for this course at the beginning of the first week of the winter term.

The lecture can be credited as follows:

In M.Sc. Economics in the profile "Finance", "ISNE" and "Economics and Politics";

In M.Sc. VWL according to the examination regulations from 2014 in:

  • Accounting, Finance, and Taxation;
  • Business Analytics;
  • Empirical Economics;
  • Network Economics and IT Risk Managment;

In M.Sc. BWL as elective course Volkswirtschaftslehre and Quantitative Methoden.

Literature "Further mathematics for economic analysis" (Knut Sydsaeter, Peter Hammond, Atle Seierstad, Arne Strom)



taught by Marcus Rockel

Weekly Date

Wednesdays, 4:15pm - 5:45pm

The weekly tutorial will be taught in class:

Albertstr. 21, HS Rundbau

except for Dec 15, 2021 & Feb 2, 2022: room tba

If the aforementioned room should turn out to be too small for all participants, we may switch to a larger one on most of the dates, or the tutorial can be postponed to 6:15pm - 7:45pm (also in another larger room).


Participation is only possible with valid 3G (vaccinated, recovered or tested) proof!

First Meeting October 20, 2021                                     
Benutzerspezifische Werkzeuge