BUSINESS MATHEMATICS

Course Code: BBAMT 10101

Course Objective:
The course is designed to orient the students towards the basic concepts of mathematics and its applications in the
business world.

Course Contents:
Module I
Introduction to Business Mathematics, Scope and Importance; Co-ordinate Geometry – Distance between two
points, equation of straight line ( slope-intercept form, slope- point form, two point form) intersection between two
lines – equation parallel line, perpendicular line.

Module II
Surds and Indices; Logarithm- Definition and properties, common logarithms; Linear, Quadratic and Simultaneous
Equations - Methods of solving quadratic equation, Roots of quadratic equation, simultaneous equations with two or
three unknowns; Inequalities with Graphs; Arithmetic and Geometric Progression- General term, summation,
Business Application. Permutations and Combinations

Module III
Concept of functions, Limits and Continuity; Differentiation- definition, derivatives of Algebraic, Logarithmic and
exponential function, Business application of differentiation; Maxima and Minima (single variable case)

Module IV
Integration- methods of integration, Business Application of Integration;

Module V
Introduction to Set Theory; Concepts of determinants and Matrices; Solution of Simultaneous Equations.

Text & References:

Text:
 Singh J K & Singh S K, Business Mathematics, second edition, Brijwasi book distributors and publishers

References:
 Gupta S P, Statistical Methods, S. Chand & Co.
 Raghavachari M, 2005, Mathematics for Management, Tata Mc. GrawHill
 Piskunov N, Differential & Integral Calculus, Moscow MIR Publishers
 Sancheti & Kapoor , Business Mathematics, Sultan Chand & Sons

Examination Scheme:

Components P-1 C-1 CT-1 EE-1

Weightage (%) 10 10 10 70