Asdw Essay

857 Words Apr 21st, 2014 4 Pages


I. Basic algebra: Linear and quadratic equations, Solving linear and quadratic equations, Application of equations: profit, pricing, savings, revenue, sales tax, investment, bond redemption, linear inequalities, applications of inequalities: profit, renting verses purchasing, leasing versus purchasing, revenue, current ratio, investment, Maple session on solving linear, quadratic and higher degree equations, solving inequalities

II. Functions and Graphs: Introduction to functions, domain and range of a function, Applications: demand, supply and profit functions, demand and supply schedule, value of business, depreciation, Special functions: polynomial, rational, piecewise defined
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Mathematics of Finance: Compound interest, effective interest rate, present value, net present value, geometric series, annuities, present value of annuity, future value of annuity, sinking funds, amortization of loans, Maple session on mathematics of finance

Core Reading List * 1. Ernest F. Haeussler, Jr & Richard S. Paul, Introductory Mathematical Analysis for Business, Economics and the Social and Life Sciences, Mc Graw Hill, 2010, 13th Edition. 2. Maple 14 online help manuals

Reference Books
Laurence D. Hoffman and Gerald Bradley, Applied Calculus for Business, Economics and the Social and Life Sciences,
McGraw Hill, 2007, 9th Edition.


Course Objective: The purpose of this course is to enhance basic mathematical skills of students which will be helpful in all quantitative courses. The course begins with basic algebra and techniques for solving linear and non-linear equations. Functions are included and their economic applications are discussed. Also, some financial applications are introduced.
This course will cover the analysis and implementation of commands used for basic mathematical skills in practice with the help of Maple.
Teaching Strategy: The teaching methodology will include classroom lectures, lab sessions, quizzes and solving

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