0% found this document useful (0 votes)
94 views

Management Mathematics Course Description

The 3-credit course aims to increase students' math skills for business applications. Students will learn topics like ratios, proportions, interest calculations, linear programming, differentiation, and applying calculus to marginal analysis and optimization. Assessment includes a final exam, midterm, assignments, and attendance. The primary textbook is Business and Personal Finance Math and additional reading is Calculus for Business, Economics and the Social Sciences.
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
94 views

Management Mathematics Course Description

The 3-credit course aims to increase students' math skills for business applications. Students will learn topics like ratios, proportions, interest calculations, linear programming, differentiation, and applying calculus to marginal analysis and optimization. Assessment includes a final exam, midterm, assignments, and attendance. The primary textbook is Business and Personal Finance Math and additional reading is Calculus for Business, Economics and the Social Sciences.
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

AMOUD UNIVERSITY

FACULTY OF COMPUTING AND ICT


BACHELOR OF SCIENCE IN BUSINESS INFORMATION TECHNOLOGY PROGRAMME
ACADEMIC YEAR 2020/ 2021
COURSE DESCRIPTION

BBI 6421 Management Mathematics


Contact Hours 51
Pre-requisite Pre-calculus
Purpose/Aim The purpose of this management mathematics course is to increase the
student’s math knowledge and skills required as a business student.
Course Objective After successful completion of the course students should be able to:
(Indicative Learning  Define basic terms in the areas of business calculus and financial
Outcomes mathematics.
 Solve the ratio of proportions in business shares, percentages,
appreciation & depreciation problems, commission, simple interest
and compound interest related problems.
 Explain basic methods of business calculus, types and methods of
interest account and their basic applications in practice.
 Recognize the rules of derivative to allow us to compute derivatives
more efficiently.
 Logically formulate mathematical variables and equations to
quantitatively create mathematical models representing problems in
everyday life, as well as business, so that calculus can be applied to
achieve an optimal solution.
 Understand the concept of marginal analysis to compute marginal
cost function, marginal profit function and marginal profit function.
 Investigate the business optimization problems to solve the method
algebra and the also the method of calculus.
Course Content Mathematical Review: Ratio, rate and proportions, decimals, fractions
and percentages.
Mathematics of Finance: Profit, discount, markup and markdown,
commission, simple and compound interest, appreciation, depreciation
and inflation.
Solving systems of equations and inequalities: Solving system of
equations in one variable, straight line graphs, solving system of
equations in two variables, solving system of inequalities in one and
two variables.
Linear programming: A linear programming problem and
applications of linear programming in Business.
Differentiation: The derivative of function, product rule, chain rule
and quotient rule.
Application of calculus to Business: Concavity and points of
inflexion, curve sketching, marginal analysis and optimization
problems.
Learning & Teaching  Lectures based on Students Module
Methodologies  Class Activities
 Homework Exercises
 Use of available software.
Instructional  Presentation equipment, including projectors.
Materials/Equipment  Any mathematics tools.
Course Assessment Type Weighting (%)
Final Examination 60
Mid-term Examination 20
Assignment 10
Attendance 10
Total 100
Recommended Title Author Publisher
textbooks
Business and Personal Mary Hansen ROUTLEDGE
finance Math, 3rd Publishers
Edition
Additional Reading Calculus for Business, Gerald Bradley WILEY
Economics and the
Social and the Life
Sciences, 10th Edition
Other Support A variety of multimedia systems and electronic information resources
Material as prescribed by the lecturer.
Various application manuals, URL search and journals.

You might also like