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    Course Outline Standard-Business Math

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    ridaawi.38
    The course outline provides details for a Business Math course, including objectives to understand mathematical techniques for business problems, a description of topics like linear equations, matrices, and calculus, and an assessment breakdown consisting of exams, quizzes, attendance, and assignments. The course will be taught through lectures, group work, and individual work over 17 weeks and cover topics relevant to using math concepts in business applications.

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    Course Outline Standard-Business Math

    Uploaded by

    ridaawi.38
    60 views4 pages
    The course outline provides details for a Business Math course, including objectives to understand mathematical techniques for business problems, a description of topics like linear equations, matrices, and calculus, and an assessment breakdown consisting of exams, quizzes, attendance, and assignments. The course will be taught through lectures, group work, and individual work over 17 weeks and cover topics relevant to using math concepts in business applications.

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    The course outline provides details for a Business Math course, including objectives to understand mathematical techniques for business problems, a description of topics like linear equations, matrices, and calculus, and an assessment breakdown consisting of exams, quizzes, attendance, and assignments. The course will be taught through lectures, group work, and individual work over 17 weeks and cover topics relevant to using math concepts in business applications.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    60 views4 pages

    Course Outline Standard-Business Math

    Uploaded by

    ridaawi.38
    The course outline provides details for a Business Math course, including objectives to understand mathematical techniques for business problems, a description of topics like linear equations, matrices, and calculus, and an assessment breakdown consisting of exams, quizzes, attendance, and assignments. The course will be taught through lectures, group work, and individual work over 17 weeks and cover topics relevant to using math concepts in business applications.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    Beder International University Course outline standard

    Course Title Business Math

    Course Code MATH212

    Degree Program BBA

    Course information Academic year: 2 Semester: 4

    Course Instructor Mustafe Hassan


    Name

    Contact Hours (per 3


    week)

    Course Objectives At the end of this course students will be able to:
    1. differentiate the various techniques of mathematics that can
    be employed in solving business problems;
    2. know the way these mathematical techniques are utilized;
    3. appreciate the importance of mathematics in solving real
    world business problems
    4. use different mathematical techniques for supporting
    managerial decisions.

    Course Description Mathematics for Business (Finance/management) is one of the


    preliminary quantitative aids to decision making that offers the
    decision-maker a method of evaluating every possible alternative
    (act or course of action) by using various techniques to know the
    potential outcomes. This course is designed to expose students in
    accounting and finance to the basic concepts and area of
    managerial application of mathematics for decision making. Topics
    include: linear equations and their applications, matrix algebra
    and its applications, Markov chain analysis, linear programming,
    mathematics of finance, elements and application of calculus.

    Pre-requisites Pre-calculus/ calculus

    COURSE CONTENTS
    Weeks Chapter Topics and sub-topics
    s
    1-3 Linear Equations and Their Interpretative Applications
    1.1. Linear Equations and Their Interpretative Applications
    1.2. Linear Equations, Functions and Graphs
    1.3. Applications of Linear Equations
    1.3.1. Linear Cost Output Relations,
    1.3.2. Cost, Total Revenue, and Total Profit
    1.3.3. Break Even Analysis: Model and Solutions
    4-5 Mathematics Of Finance
    2.1. Overview of exponential and logarithmic functions
    2.2. Simple Interest and Discount
    2.2.1. Computing Simple Interest
    2.2.2. Promissory Notes and Bank Discount
    2.3. Compound Interest
    2.3.1. Compound Amount (Maturity Value)
    2.3.2. Present Value (Principal) of Compound Amount
    2.3.3. Nominal and Effective Interest
    2.4. Ordinary Annuities
    2.4.1. Sum of Ordinary Annuity
    2.4.2. Sinking Fund Payments
    2.4.3. Present Value of Ordinary Annuity
    2.4.4. Amortization
    6-7 Introduction to Linear Programming
    3.1. Concepts
    3.2. Formulation of Linear Programming Models
    3.2.1. The Maximization Problem
    3.2.2. The Minimization Problem
    3.3. Graphic method Linear Programming Problem
    8 Midterm Exam
    9-11 Matrix Algebra and Its Applications
    4.1. Matrix Concepts
    4.2. Dimensions and Types of Matrix
    4.3. Matrix Operations and Techniques
    4.4. Inverse of a Matrix
    4.5. Matrix Applications
    4.5.1. Solving Systems of Linear Equations
    4.5.2. Markov Chains: Concepts, Models and Solutions
    12-13 Elements and Applications of Derivative
    5.1. Concept
    5.2. Rules of Differentiation
    5.3. First and Second Derivative for Extreme
    5.4. Business Application of Differential Calculus
    5.5. Marginal Analysis
    5.6. Optimization Problems
    14-16 Elements and Applications of integration
    5.7. Concept
    5.8. Indefinite and Definite Integration
    5.9. Rules of Integration
    5.10. Business Applications of Integral calculus
    5.11. Finding Total functions
    17 Final Exam

    Teaching and Classroom contact/Lecture, group work, tutorial, individual work


    Learning
    methods
    Assessment Continues assessment
    Midterm ……………………….………………20%
    Quiz…………………………………….………10% Week4th
    Assessment……………………………………..15% Week 12th
    Attendance ………………………………………5%
    Final exam:………………………………....…...50%
    Total…………………………………………….100%
    Policy Attendance: it is compulsory come to class on time and every time. If you are
    not attained more than 80% of the class, you should not site on exam
    Assignments: You must do your assignment on time. Late assignments will
    not be accepted
    Cheating: you must do your own work and do not copy or get answers from
    someone else. It leads you to a serious punishment
    Textbook  Ian Jacques Mathematics for Economics and Business, 2018, Ninth
    Edition
    References  Ann j. Hughes, Applied Mathematics: For Business, Economics, and the
    social Science, 1983.
     Barnett Raymond A. and Ziegler Michael R, Essentials of College
    Mathematics for business and Economics, life science and social
    science, 3rd ed., 1989
    Dexter j Booth and John K Turner, Business mathematics with
    Statistics, 1996,

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