MATH-1324 Mathematics for Business and Economics
Brooke Hollingsworth
Credit Fall 2024
Section(s)
MATH-1324-014 (91414)
LEC TuTh 12:00pm - 1:20pm RRC RRC8 8212.00
MATH-1324-025 (11559)
LEC TuTh 3:00pm - 4:20pm RRC RRC8 8210.00
Course Requirements
Course Components:
Tests: 80%
MLM Homework: 10%
Quizzes: 10%
Course Grading Scale;
A: 90 - 100
B: 80 – 89
C: 70 – 79
D: 60 – 69
F: < 60
MLM Homework: Homework will be assigned on the day the material is covered in class; it will be due at midnight of the next class day to allow time for questions. Questions should be sent before class using the MLM “Ask My Instructor” feature.
Quizzes: There will be approximately one take-home quiz a week. See each unit in Blackboard for due dates and grace periods.
Tests: There will be four tests in this class. There will NOT be a comprehensive final. All tests will be given during class time and will include application/word problems.
Course Subjects
|
Date |
Topics |
|
Monday August 26 |
Course Introduction, 1A Living in the Media Age |
|
Wednesday August 28 |
1C Sets and Venn Diagrams |
|
Monday September 2 |
NO CLASS LABOR DAY |
|
Wednesday September 4 |
2A Unit Analysis |
|
Monday September 9 |
2B Extending Unit Analysis |
|
Wednesday September 11 |
3D Index Numbers; 3E How Numbers Can Deceive |
|
Monday September 16 |
Unit 1 Review |
|
Wednesday September 18 |
Unit 1 Test |
|
Monday September 23 |
8A/8B/8C Understanding Exponential Growth |
|
Wednesday September 25 |
Exponential Growth Project Workday |
|
Monday September 30 |
Exponential Growth Project Presentations |
|
Wednesday October 2 |
3A Part 1 Uses and Abuses of Percentages; 3C Dealing with Uncertainty |
|
Monday October 7 |
3A Part 2 Uses and Abuses of Percentages; |
|
Wednesday October 9 |
7A Fundamentals of Probability |
|
Monday October 14 |
7B Combining Probabilities |
|
Wednesday October 16 |
7C The Law of Large Numbers |
|
Monday October 21 |
Unit 2 Review |
|
Wednesday October 23 |
Unit 2 Test |
|
Monday October 28 |
12A Voting; 12D Dividing the Political Pie |
|
Wednesday October 30 |
Voting Project |
|
Monday November 4 |
5A Fundamentals of Statistics |
|
Wednesday November 6 |
5B Should You Believe a Statistical Study?; 5E Correlation and Causality |
|
Monday November 11 |
NO CLASS VETERANS DAY |
|
Wednesday November 13 |
6A Characterizing Data; 6B Measures of Variation |
|
Monday November 18 |
6C The Normal Distribution |
|
Wednesday November 20 |
Unit 3 Review |
|
Monday November 25 |
Unit 3 Test |
|
Wednesday November 27 |
NO CLASS THANKSGIVING |
|
Monday December 2 |
4A/4B/4C Budgeting, Saving, and Investments |
|
Wednesday December 4 |
4D Loan Payments, Credit Cards, and Mortgages |
|
Monday December 9 |
Finance Project Workday |
|
Wednesday December 11 |
Finance Project Presentations |
Student Learning Outcomes/Learning Objectives
Upon successful completion of the course, a student should be able to:
- 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.
- 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.
- 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.
- Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the mathematical knowledge of probability to business problems and interpret the results.
Office Hours
T Th 10:30 AM - 11:30 AM RRC 8316.02
NOTEM T W Th 2:00 PM - 3:00 PM RRC 8316.02
NOTEPublished: 08/23/2024 17:05:30