Understand mathematical concepts
Create and develop mathematical computation skills involving calculus, linear algebra, and finance
Understand and interpret functions as relations two quantities in mathematics context: symbolic, numerical, and graphical representations
Develop critical thinking and problem-solving skills that enable students to solve practical problems in a variety of applied situations
Develop a knowledge base for applications of finance: calculate compound interest, principal, rate; use compound interest to calculate accumulated amount; find the present value of an investment; calculate the payments of a sinking fund and amortization schedules; and assess an investment.
Model some simple practical problems under the form of mathematical programming. Solve linear programming using geometric method and simplex method
Apply the course material along with techniques covered in this course to solve business related problems
Develop special skills and thought processes sufficient to support further study or work in related units
6. Brief Description of Course Content:
This unit provides a sound, intuitive understanding of the basic concepts students need as they pursue careers in business, economics, and in the life and social sciences. Topics include calculus, linear algebra, and mathematics of finance.