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.