Thursday, July 14, 2011

Business Mathematics II : Syllabus For BBA

MTH 102.3 (Credit hours 3)

Business Mathematics II
BBA, First Year, Second Semester

Course Objectives:
This Course aims to provide students with a sound understanding of calculus and linear algebra for business
decisions.

Course Contents:
Module I
1.     Applications of Derivatives                                                                        5 hours
Revenue, Cost and Profit Applications, Marginal approach to profit maximization, Elasticity, Market model

2.     Functions of Several  Variables                                                                 6 hours
        Functions of variables, Partial derivatives, Partial and total differentials, Higher order differentials

3.     Optimization: Functions of Several  Variables                                          7 hours
                   Maxima and minima of functions of several variables, Lagrange multiplier and constrained optimization,
Competitive equilibrium of a firm, Monopoly price and output, Discriminating monopolists

4.     Integration and its Applications                                                                 10 hours
Indefinite integrals, Techniques of integration, Definite integrals, Improper integrals, Applications,
Ordinary differential equations

6.   Series                                                                                                        4 hours
Series; geometric series, Taylor series

7.   Vector                                                                                                        5 hours
      Vector; vector spaces, Linear dependence, Basis

8.   Matrices and Determinant                                                                          11 hours
Types of matrices, Matrix operations, Matrix representation of equations, Determinant, Inverse of a matrix, Cramer’s rule, Applications of matrix algebra, Input Output model.

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