Business Mathematics

Course Code: BBA 123

Credit Hour: 3

Course Group: Compulsory General Education Courses

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Basic concepts: concepts of number system – fractions – exponents – equations – factoring – polynomials – ordered pairs – relations – functions – types of functions.

Set theory: sets – set notation – operations with sets – laws of set operations – Venn diagrams – application of set theory. Logarithms: sets – set notation – operations with sets – laws of set operations – Venn diagrams – application of set theory. Trigonometry: trigonometric ratios

Equations system: solution of equations – simultaneous equation systems – solution of simultaneous equation systems with specific applications to business problems – inequalities.

Geometry: Cartesian coordinate system – distance between two points – straight line – slopes – intercepts – equation of a line – application of linear equations.

Differential calculus: explanation of the concepts of limits and continuity – derivatives and differentiations – rules of differentiation – higher order differentiation – chain order differentiation – exponential and logarithmic differentiation – partial differentiation – optimization – rate of growth and decays.

Integral calculus: meaning of integration – rules of integration – indefinite integral – definite integral – resource depletion – resource allocation – area between curves.

Matrix algebra: vectors – matrices – laws and operations – transposes – inverses – adjoins – Cramer’s rule – determinants – solution of system of equations.

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Text Book: P.C. Sancheti & V. K. Kapoor, Business Mathematics, S. Chand & Sons, New Delhi, India Reference Book: S.P. Gupta and P.K. Gupta, Business Mathematics, Tata Mcgrawhill, India Bowen, Prichet and Sabbir, Mathematics with Application in Management & Economics, Irwin