MAT-204: Business Math

$ 450.00

4 credit hours

People in business, economics and the social sciences are increasingly aware of the need to be able to handle a range of mathematical tools.

4 credit hours

People in business, economics and the social sciences are increasingly aware of the need to be able to handle a range of mathematical tools. The aim purpose of this course is to provide the Business major students a solid mathematical background that helps them understand better the basic business and economical concepts and applications

The core topics of this course can be summarized into: a review of introductory algebra and equations, the study of linear, quadratic, exponential, and logarithmic functions and their graphs, and the mathematics of finance. Additional topics as time permits: matrices and systems of equations, linear programming, and probability. Throughout the course, examples are taken from business applications, especially the study of supply and demand, and revenue/cost/profit analysis. Graphing calculators are used to facilitate understanding, ease calculations, and expand the number of problems tractable by course methods.