Instructional Methodology:

DLS—Synchronous Virtual Class Meetings Required: Instruction is fully online with required online meetings during the specified days and times listed.

Synonym: 10291                                Section: 007

Meeting location: Zoom Room Link  Meeting times: MTWTh 2:30 PM – 4:30 PM

Prerequisites: MATD 0414, MATD 0424, MATD 0444, NCBM 0214, NCBM 0224, or NCBM 0244; with a grade of C or higher. Or a satisfactory score on the TSI Mathematics Assessment or completion of TSI requirements in mathematics. Students who are TSI Complete in Math based on completion of NCBM 0185, NCBM 0142, MATD 0385, MATD 0342 or MATD 0485 are NOT eligible for Math for Business and Economics.

Required Materials 

This is a First Day™ class. The cost of required course materials, including an online version of the textbook and software access, has been added to your tuition and fees bill. 

Textbook: Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences, 14th Edition by Barnett, Ziegler, Byleen, & Stocker. Pearson Publishing (MyLab software)  ISBN: 9780134862576

Calculator: You will need a scientific calculator that handles exponents, logarithms and simple probability and statistics.  Most ACC faculty are familiar with the TI family of calculators. Hence, TI calculators are highly recommended for student use.  Other calculator brands can also be used.  Your instructor will determine the extent of calculator use in your class section.

Other Technology: Access to a webcam and microphone are required for this course. Eligible students can check out required technology at https://www.austincc.edu/students/student-technology-services.

Grades

Grade Components

Tests: 80%

Homework: 10%

Quizzes: 10%

Grading Scale

A: 90 - 100

B: 80 – 89

C: 70 – 79

D: 60 – 69

F: < 60

Where can I find my grades?

Grades will be posted in Blackboard.

What will we do in this class?

Tests: There will be four tests this semester. All tests will be administered in Zoom Classroom using Respondus Monitor. Webcam is required. Testing dates are found on Course Calendar.

Written Homework: You can find the assigned problems on Blackboard. The problems are from your textbook. Work them out by hand, scan your work as a pdf and then upload the completed assignment back onto Blackboard before each Unit Test. If you have struggles with homework problem reach out to me as soon as possible and/or attend office hours.

Quizzes: We will have at least one quiz per week and it will be announced a day in advance. There will be a time limit to submit.

What happens if I miss something?

Dropped Grade Policy: I will not drop a test. I will drop your lowest homework and quiz score.

Late Work Policy: No late work for quizzes or tests will be accepted. Depending on circumstances I will accept late work for homework but not for full credit.

Missed Exam Policy: There are no make-up tests. A missed test is a zero.

Attendance Policy: Regular and punctual class attendance is expected of all students.  If attendance or compliance with other course policies is unsatisfactory, the instructor may withdraw students from the class.  In the event the college or campus closes due to unforeseen circumstances, the student is responsible for communicating with their instructor during the closure and completing any assignments or other activities designated by their instructor as a result of class sessions being missed.

Participation Policy: Webcam on during class time is required. Be an active learner in class and also outside of class. This means asking questions, answering questions, communicating with your peers in a respectable manner, and working your homework problems to practice what we learn in class. 

Course Objectives

Mathematics for Business and Economics has four main mathematical topics: Linear functions and systems of linear equations and inequalities, counting and probability, functions and algebra review, and finance with the requisite exponentials and logs. The objectives of the course are for students not only to know the mathematics of these concepts, but also to be able to apply the concepts to analyze and interpret information in business and financial application problems.

Course Description

Credit Hours: 3, Contact Hours: 3
MATH 1324 Mathematics for Business and Economics (3-3-0). A course in finite mathematics for business students including linear equations and inequalities, functions and graphs, the exponential and logarithmic functions, the mathematics of finance, systems of linear equations and matrices, linear programming, and an introduction to probability.

Course Rationale

This course is required in certain degree plans, such as Accounting, Computer Information Systems and Economics. For some students, this is the first half of a two-semester finite mathematics/business calculus sequence. This is also a preparation course prior to taking two semesters of business calculus, although the preferred preparation for two semesters of business calculus is MATH 1314.  Finally, some students take this course as a general mathematics elective.

Student Learning Outcomes

Upon successful completion of the course, a student should be able to:

1. Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points.
2. Perform basic operations with matrices, and use matrix methods to solve systems of linear equations. Apply the knowledge of matrices to business problems such as inventory, production, and total cost.
3. Use geometric method to solve linear programming problems. Interpret information as an objective function with constraints, set up the linear programming problem, solve the problem and interpret the result in the context of the problem. 
4. Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the mathematical knowledge of probability to business problems and interpret the results.

General Education Competencies

1. Critical Thinking – gathering, analyzing, synthesizing, evaluating and applying information is covered in every SLO. 
2. Quantitative and Empirical Reasoning – applying mathematical, logical, and scientific principles and methods is covered in every SLO.

Written, Oral and Visual Communication – communicating effectively adapting to purpose, structure, audience and medium is covered in every SLO.