MATHEMATICS FOR BUSINESS AND ECONOMICS-II

Course Description

The course is a continuation of MATH111, Mathematics for Businesss and Economics-II.This course is designed to equip students with the knowledge and aspects of mathematics for business and economics such as linear programming, matrices and their properties, matrices with applications to business, management and economics, linear and non-linear equations, their properties, finding solutions, their graphs and principles of differentiations ( derivative of elementary functions, derivative of quotient, product etc.), marginal concepts and optimization, partial differentiation, rules of differentiations and applications, definite and indefinite integrals, integration integral of elementary functions, integration by parts and substitution methods, applications of the integral, matrix addition , subtraction, multiplication and elementary operations, inverse, transpose of matrices.

MATHEMATICS FOR BUSINESS AND ECONOMICS-II

Evaluation Tools (Active Term)

No evaluation items have been defined.

Course outcomes

1. 01 1. Recognising the rules of algebra and how to implement them.
2. 02 2. How the derivation and graphing of linear equations can be applied to economic and business issues.
3. 03 3. Recognition of the application of marginal functions, second‐order derivatives and optimization in economics.
4. 04 4. Application of Cramer Rule to solve economic problems.

Course Syllabus

Reference Books & Course Materials

1. 01 Mathematics for Economics and Business, Ian Jacques, Pearson, 9th Edition, 2018.

Learning Outcomes

No learning outcomes have been defined.

Program Outcomes

1. P01 Demonstrate comprehensive knowledge of key concepts across the breadth of effective application and use of MIS and innovative information technologies in organizations.
2. P02 Demonstrate autonomy and responsibility in managing MIS projects and improving organizational processes
3. P03 Demonstrate comprehensive understanding of appropriate enterprise frameworks, theories from the MIS to research and assess contemporary issues in the field and related allied fields and disciplines
4. P04 Apply MIS knowledge to facilitate the acquisition, development, deployment, and management of information systems
5. P05 Apply MIS knowledge to the exploitation of opportunities created by information technology innovations ensuring the alignment between MIS strategy and organizational strategy
6. P06 Demonstrate ethical reasoning in relation to crucial MIS issues such as privacy, information security, and ethical use of information
7. P07 Apply appropriate technologies and techniques to the collection and analysis of organizational and environmental data to facilitate evidence-based decision-making
8. P08 Analyse organizational data to accurately identify organizational problems and propose solutions using MIS
9. P09 Apply effective communication skills consistent with the professional environment
10. P10 Apply effective collaboration skills consistent with the professional environment

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