MATHEMATICS FOR BUSINESS

Code Cours
2324-IÉSEG-BB1S1-QMS-BB1CE01UE
Language of instruction
English
Teaching content
QUANTITATIVE METHODS
Training officer(s)
A.SVORONOU
Stakeholder(s)
A.SVORONOU
Level
Bachelor in International Business
Program year
Period

Présentation

Prerequisite
College Algebra
Goal
At the end of the course, the student should be able to:
- Understand what a ‘function’ is.
- Apply and interpret all these mathematical notions in various applications in business and economics.
- Model functions and apply the models to concrete settings
- Understand that there might be more than one way to solve a given problem;
- Effectively use computer software (Excel,fooplot) to graph functions
Presentation
Topics:
Algebra review
Functions:
Lines, Systems of linear equations, applications in Business and Economics (cost , revenue, profit, equilibrium, elasticity of demand)
Quadratic functions and applications,
Inverse functions for lines and quadraticfunctions,
Polynomial functions ,Radical functions
Exponential functions, applications in business (Financial math: balance with different types of interest rates, amortisation,sinking fund)
Logarithm functions, applications

Modalités

Organization
Type Amount of time Comment
Face to face
Interactive class 32,00
Independent study
Estimated personal workload 48,00
Overall student workload 80,00
Evaluation
-Assignments will form an important supplement to the lectures as well as test the student’s understanding of the material discussed in class. Late homework will not be accepted unless there is a valid excuse.
-The Team Project should give the students the opportunity to work, and hopefully enjoy this work and knowledge sharing.
Control type Duration Amount Weighting
Continuous assessment
QCM 0,00 2 15,00
Mid-term exam 1,50 1 30,00
Participation 32,00 15 10,00
Exercises 0,00 0 10,00
Final Exam
Written exam 2,00 1 35,00
TOTAL 100,00

Ressources

Bibliography
Beginning and Intermediate Algebra, Tyler Wallace, 2nd edition -