BBA Program
Basic Mathematics
Course Code: ASC161
Pre-requisite Courses: Nil

WELCOME TO THE CLASS

Introduction: I look forward to have a fruitful and meaningful interaction with each one of you during the term. This will however depend on your active participation and attention during the class sessions and an active follow up afterwards.

Course Description: The course will stress mainly on developing basics concepts of mathematics. It will include basic mathematical operations, factorization, solving first and second-degree equations, solving first and second-degree inequalities, analytical geometry (graph, linear equation – slope-intercept form), solving simultaneous equations, mathematical functions (concept of domain and range), quadratic functions, mathematics of finance and matrices. All topics will be discussed along with their applications. Some features of Microsoft Excel on graph and matrices are also included in the course.

Course Objective: This is the first course in mathematics and the main objective of this course is to improve the level of quantitative abilities possessed by students and prepare them for the applications of mathematics in the courses like finance, economics, operations research, etc.

Teaching Methodology & Requirements: Please arrive and leave on time. Class will begin promptly five minutes after the hour and will end exactly on the hour. Late arrivals and early departures disrupt class and ruin the presentations of others. They are unprofessional.

Do your own work. Plagiarism and cheating will lead to dismissal. Do not copy the work of others. Do not use others to do your work. Do not pass off work done in past semesters as work done for this course. Assignments must incorporate lessons taught in class. Personal assignments must be produced individually. Group assignments must be produced by the members of the group. Students will be expected to read assignments in advance of their discussion in class. Class time will be used to emphasize and clarify some text material, but additional topics will be discussed as well. This will not be a lecture-only course. You will be asked to discuss what you have read. While you should expect to be frequently called on in class, you should also voluntarily discuss and ask questions. READ AND BE PREPARED TO DISCUSS ALL DISCUSSION QUESTIONS AND/OR CASES AT THE END OF EACH CHAPTER.

Class meetings will NOT cover everything in the text. Separate instructions will be provided for assignments. All written assignments must be handed in at the beginning of class on the due dates. They will not be accepted after the class has begun. All assignments not completed on time (not handed in before class has begun) will receive a zero. Check the schedule for due dates. It is essential to keep current with the chapter assignments. Classroom conduct is predicated on the assumption that you have read the relevant material. You are most welcome to ask questions in class dealing with any material being presented, and to take an active role in class participation.

Course Contents

* Basic Arithmetic and Algebra including BODMAS, LCM, HCF. * Factorization up to second degree. * Word problems related to ratio, proportions, percentages and averages. * Rectangular coordinates system. * Distance and Midpoint Formula * Linear Functions * Slope and slope intercept form of line * Sketching functions through excel * Domain; Range; Restricted Domain and Range along with their applications. * Applications of linear functions related to Cost, Revenue, Profit, Breakeven models, demand, and supply and market equilibrium. * Mathematics for Finance * Single Payment computations * Future value of annuity * Present value of annuity * Functions of Excel related to finance * Matrices * Definition and uses * Matrix operations * Determinant (2x2 only) * Matrix inverse (2x2 only) * Matrix operations, determinant and inverse on MS Excel * Quadratic function and its applications. * System of equations and its solution * Manual solution (2x2 only) * Interpret the point of intersections. * Solving system of equation (higher dimensions) on MS Excel.

Testing and Grading: Learning will be accomplished through lectures, outside readings case analysis and student participation in classroom discussion and presentations. Grading will tend to focus on your overall personality rather than one or two aspects. A mid-term examination and a comprehensive final examination will be given. Another portion of the course grade will include the discussion/attendance grade, quizzes, cases and/or other assignments. Each student will also be required to complete individual project. The mid-term examination will be of 25 percent and final examination will be of 40 percent. Excessive absences (more than 20 percent) will result in “F Grade”. Test questions may be taken from textbook readings, hypertext material, additional material discussed in class and /or other assigned readings. Students may prepare notebook for taking notes and for references.

Marks Distribution of 100%:

Quizzes ______________
Assignments ______________
Class Workshops ______________
Cases ______________
Projects ______________
Mid-term _______25_____
Final Exam _______40_____
Total 100_____

Recommended Readings: * Applied Mathematics for Business, Economics and Social Sciences by Frank S. Budnick, 4th Edition * Mathematical Economics by Alpha Chiang, 3rd Edition

Please Note: In the unlikely event of an unplanned absence by the instructor, the material to have been covered during that class meeting will be shifted to the next meeting. If a test was scheduled for that class meeting, the test will be given during the next class meeting. In the event of any necessary planned absences, information on schedule changes will be provided in advance.