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BUS 103 Course Outline (Summer 2015)
BUS 103 Course Outline (Summer 2015)
School of Business
BBA Programme
COURSE OUTLINE
BUS 103: Mathematics for Business Decisions
Muzhtaba Tawkeer Islam
Semester: Spring 2015
Room # 307
Section: 6
E-mail:
Course Objectives
The main objective of this course is to acquaint students with the
mathematical methods that are used for decision-making in
Management and Economics. After getting a grasp on these tools,
students will be taught the application of these tools in the real
business world. During the process of learning Business Mathematics,
it will be seen that students develop their skills of mathematical
operations, calculations, analytical and graphical solution techniques &
their analyses. Furthermore, students will have an opportunity to
develop team spirit, self-motivation, and self-confidence over the
period of this course.
Prerequisites
None.
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Topic
Introduction to the Course & Review of
Basic Algebra
Linear Equations & Functions: Slope
Linear Equation: Slope-Intercept Form
Linear Function: Interpretive Exercise
Systems of Linear Equations:
Elimination Procedure
Business Application
Review Class
Midterm
Matrix Operations
Inverse of a Matrix: Gauss-Jordon
Method
Business Application
Exponential & Logarithmic functions
Applications: Mathematics of Finance
Introduction to Differential Calculus,
Derivatives
Power Rule, Product and Quotient
Rules
Business Application: Maxima &
Minima
Derivatives of Exponential Functions &
Applications
Introduction to Integral Calculus, the
Definite Integral
Business Application
Review Class
Section
Reference [1]
R.1 - R.9, A1 - A3
1.1 - 1.3
1.4 - 1.7
1.8
2.1 - 2.6
2.9 - 2.11
Chapters 1 2.15
2.12 - 2.15
2.16 - 2.19
2.20 - 2.21
5.1 - 5.10
6.1 - 6.10
7.1 - 7 .4, 7.10 11
7.12 - 7.18
8.1 - 8.3
9.1 - 9.9
10.1 - 10.5
10.8 - 10.10
Course References
[1] Mathematics with Applications in Management & Economics by
Gordon D. Prichett & John C. Saber; 7th edition: Irwin McGraw-Hill
Company.
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Assessment Criteria
Component
Class
participation
Quiz
Assignment
Midterm exam
Final exam
Weight
5%
10
25
30
30
%
%
%
%
Grading Plan
Mark Range
Letter
Grade
90+
80-89
75-79
70-74
65-69
60-64
55-59
50-54
A
AB+
B
BC+
C
D
Course Policies
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