Course Overview
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Course Synopsis
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The purpose of the course is to provide the student with a mathematical basis for personal and business financial decisions through eight instructional modules. The course stresses business applications using arithmetic, algebra, and ratio-proportion and graphing. Applications include payroll, cost-volume-profit analysis and merchandising mathematics. The course also includes Statistical Representation of Data, Correlation, Time Series and Exponential Smoothing, Elementary Probability and Probability Distributions. This course stresses logical reasoning and problem solving skills.
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Course Learning Outcomes
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At the end of the course, you should be able to
- Apply arithmetic and algebraic skills to everyday business problems.
- Use ratio, proportion and percent in the solution of business problems.
- Solve business problems involving commercial discount, markup and markdown.
- Solve systems of linear equations graphically and algebraically and apply to cost volume-profit analysis.
- Apply Statistical Representation of Data, Correlation, Time Series and Exponential Smoothing methods in business decision making.
- Use elementary probability theory and knowledge about probability distributions in developing profitable business strategies.
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Course Calendar
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Week 01
2
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Application of basic mathematics- I
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3
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Application of basic mathematics- II
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Week 02
4
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Application of basic mathematics- III
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5
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Application of basic mathematics- IV
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6
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Application of basic mathematics- V
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Week 03
7
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Application of basic mathematics- VI
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Quiz 1
9
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Matrix, its dimension and types
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Week 04
Week 05
13
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Mathematics of Merchandising I
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14
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Mathematics of Merchandising II
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15
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Mathematics of Merchandising III
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Week 06
16
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Mathematics of Merchandising IV
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Quiz 2
17
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Financial Mathematics I
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18
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Financial Mathematics II
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Week 07
20
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Break-Even Analysis II
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21
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Linear cost volume profit and break even Analysis I
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Week 08
22
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Linear cost volume profit and break even Analysis II
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Midterm Examinations
23
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STATISTICAL DATA REPRESENTATION
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24
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STATISTICAL REPRESENTATION I
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Week 09
25
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STATISTICAL REPRESENTATION II
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26
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STATISTICAL REPRESENTATION III
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27
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STATISTICAL REPRESENTATION IV
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Quiz 3
Week 10
28
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MEASURES OF DISPERSION-I
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29
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MEASURES OF DISPERSION-II
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30
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MEASURES OF DISPERSION-III
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Week 11
Quiz 4
33
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TIME SERIES AND EXPONENTIAL SMOOTHING
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Week 12
35
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ELEMENTARY PROBABILITY I
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Quiz 5
36
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ELEMENTARY PROBABILITY II
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Week 13
37
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PATTERNS OF PROBABILITY I
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38
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PATTERNS OF PROBABILITY II
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39
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PATTERNS OF PROBABILITY III
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Week 14
40
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PATTERNS OF PROBABILITY IV
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41
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Some Functions of Normal distribution
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Week 15
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