Mathematical Fundamentals and Data Analysis
Undergraduate course providing the essential mathematical tools to analyse and solve quantitative problems in finance, economics, and management.
Course Information
- Department: Operations Management and Decision Science
- Semester: 01
- Teaching campuses: Aix-en-Provence, Angers, Bordeaux, Boulogne-Billancourt, Lyon, Strasbourg
- Total hours: 30.00
- ECTS credits: 4.00
- Language of instruction: French and/or English
- Open to exchange students: No
General Presentation
This course in Mathematical Fundamentals and Data Analysis aims to give students the mathematical tools needed to analyse and solve quantitative problems, whether financial, economic, or managerial:
- manipulating algebraic expressions;
- solving first- and second-degree equations and inequalities to model economic questions;
- graphically visualising and interpreting economic functions;
- sequences and the usual functions;
- simple optimization for strategic decision-making.
Targeted Competencies
2 — Intellectual abilities
- 2.3: Choose the relevant calculation methods and problem-solving tools.
5 — Technological skills
- 5.2: Use the tools dedicated to searching and processing information and to business communication (in particular: word processing, dashboards, project-management tools, online tools).
Organisation & Schedule
Module 1 — Essential Mathematical Calculations for Economics and Management
2025-09-17 — Fundamental operations and properties of real numbers (order of operations, absolute value, powers, square roots, fractions, percentages, index numbers, and the proportionality rule).
Module 2 — Mastering Equations for Better Decision-Making
2025-09-25 — Factoring, expanding, notable identities, and solving first-degree equations.
Module 3 — Curve Analysis in Economics and Management
2025-10-01 — Graphical representation (reading a graph, lines, sign, sense of variation, parity), intersection of two lines, first-degree systems of equations and inequalities.
Module 4 — Introduction to Financial-Mathematics Tools
2025-10-08 — Study of numerical sequences (general definition, arithmetic sequences, geometric sequences).
Module 5 — Application of Financial Mathematics
2025-10-15 — Simple and compound interest.
Module 6 — Functions Useful in Economics and Management
2025-10-22 — Single-variable functions (meaning, domain of definition, forbidden values) and the usual functions (affine, polynomial, logarithm, exponential); simple and general second-degree equations.
Module 7 — Introduction to Optimization
2025-11-05 — Average and instantaneous rates of change, an intuitive presentation of the derivative, applied to affine and polynomial functions.
Module 8 — Revision and Final-Exam Preparation
2025-11-12 — General revision and consolidation of what has been learned.
Course resources: the Glossary collects every symbol and term introduced across the modules.
Assessment
| Examination | % of overall grade | Assessment mode | Duration (minutes) |
|---|---|---|---|
| Continuous assessment | 50 | individual written | 45 |
| Final exam (FE) | 50 | individual written | 90 |
Expected Personal Work
- Complete the associated work and exercises before each class session.
- Workload: 50 hours.
Recommended Literature
- Ian Jacques, Mathematics for Economics and Business, 5th edition, Pearson Education Limited, 2006.
- Jean-Luc Dorier and Marc Duc-Jacquet, Mathématiques pour l’économie et la gestion, 1st edition, Gualino Éditeur, 1996.
- Stéphane Rossignol, Mathématiques en économie-gestion, 2nd edition, Dunod Éditions, 2022.