Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
1MIS 121Business Mathematics3+0+03530.11.2023

 
Course Details
Language of Instruction English
Level of Course Unit Bachelor's Degree
Department / Program Business Administration (English)
Type of Program Formal Education
Type of Course Unit Compulsory
Course Delivery Method Face To Face
Objectives of the Course Understanding fundamentals of calculus, basic terms of business mathematics, solving of business problems.
Course Content Numbers and arithmetic operations, elementary algebra, applications in business, fundamentals of calculus I: differential calculus
Course Methods and Techniques
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Asist Prof.Dr. ALİ ULVİ ÖZGÜL
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources Calaway S., Hoffman D., Lippman D. Business Calculus. Opentextbookstore.com, 2013.
Karris S.T. Mathematics for Business, Science and Technology, Orchard Publications, Second Edition, 2003.

Course Category
Mathematics and Basic Sciences %100

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 3 42
Hours for off-the-c.r.stud 14 5 70
Assignments 14 2 28
Mid-terms 1 2 2
Final examination 1 2 2
Total Work Load   Number of ECTS Credits 5 144

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 recognize the numbers, arithmetic operations
2 recognize the elementary algebra
3 perform basic financial calculations
4 know the concept of the derivation
5 take derivatives of financial and economic functions

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Numbers systems, positive and negative numbers, addition, subtraction, multiplication ,division, integer, fractional numbers, arithmetic operations with fractional numbers, exponents, scientific notation
2 Square and cubic roots; common and natural logarithms; percentages; international systems of units(SI), graphs
3 Introduction to algebraic equations; laws of exponents and logarithms; interpolation and extrapolation
4 Infinite sequences and series; arithmetic, geometric, harmonic series; proportions
5 Introduction to common terms of finance and economics; interest, annuities
6 Amortization, valuation of bonds
7 Midterm Exam
8 Financial Concepts: Depreciation, Impairment, and Depletion
9 Introduction to the basic concepts of real valued functions of one variable
10 Polynomials of degree n, rational, power- law functions , exponential functions, logarithmic functions
11 Derivation of differentiable real-valued function
12 Common functions in economics and finance
13 Curve Sketching
14 Analytics of economic functions
15 Discussion
16 Final Exam

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11
C1
C2
C3
C4
C5

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant

  
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