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re: LSUS Online MBA Reviews
Posted on 11/23/17 at 12:55 pm to thebub
Posted on 11/23/17 at 12:55 pm to thebub
I would say that ECON has a small amount of Excel work. Mostly it's just taking a couple of data sets and using the Analysis toolpak to run a linear regression to identify the coefficients for some very basic polynomial formulas. There is even a tutorial provided on how to do this.
Regarding the level of calculus, it is trivial. It is doing a couple of derivatives of simple polynomial equations. E.g. f(x) = 5x^2+12x so f'(x) = 10x + 12. Essentially, taking the power multiply by the coefficient and then reduce the power level by 1. The derivative of a function is the rate of change for that function, or the slope, at every point on the curve. There you go, all the calculus you need for ECON.
The biggest challenge on the math side for ECON is to be able to look at 3-4 related functions and understand the relationships between them all and how you can use the values you have for some variables to solve for other variables based on those functions.
Regarding the level of calculus, it is trivial. It is doing a couple of derivatives of simple polynomial equations. E.g. f(x) = 5x^2+12x so f'(x) = 10x + 12. Essentially, taking the power multiply by the coefficient and then reduce the power level by 1. The derivative of a function is the rate of change for that function, or the slope, at every point on the curve. There you go, all the calculus you need for ECON.
The biggest challenge on the math side for ECON is to be able to look at 3-4 related functions and understand the relationships between them all and how you can use the values you have for some variables to solve for other variables based on those functions.
This post was edited on 11/23/17 at 12:57 pm
Posted on 11/23/17 at 8:19 pm to Marek76
Hi, I just registered for FIN701 and MADM710 (spring2018, AP1), so I am a bit concerned, did I paired well? I know about a lot of writing for MADM710, but I guess he couldn't be worst then Felice W? Also, does anyone know if FIN701 use Proctorio or ProctorU? Thanks
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