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buX: MAT501
Mathematics for Decision-making (BBS)

buX

Mathematics for Decision-making (BBS)
Enrollment is Closed

Mathematics is the most important fundamental tool for all Sciences including Economics and Business. This course is about the basic and fundamental concepts of Mathematics that is essential for understanding the economic and business phenomenon and making optimum decisions.
Enrollment is Closed

About This Course

This course introduces the basic concepts and methods of mathematics to understand economic and business theories. The main objective of this course is to make the students familiar with the most widely used mathematical tools for decision making.

Course Description:

This course introduces students to topics: Mathematical Equations and Different functions: Polynomial (Linear, Quadratic), Rational, Exponential and Logarithmic etc that are frequently used in business for making decision and focuses on their applications in Business and Economics. It gives special emphasis on the applications of Linear function in business. It also introduces the system of linear equations and basics of matrix algebra and their applications like linear programming, market models. This course introduces also the basics of Mathematics of Finance and focuses on applications in real life. It gives an overview on the fundamental concepts of differential and integral calculus and focuses on their applications in optimizing economic or business decision.

Intended Learning Outcome:

By the end of this course, the students will be able to:

Define and formulate the basic mathematical relationships. Apply the basic concepts of linear function in business. Use basic concepts of system of linear equations and matrix algebra in business and economics. Make optimum financial decisions using the basic Mathematical tools. Understand the basic concepts of Differentiation and Integration and use them in Business and Economics

Prerequisites

None.

Course Staff

Course Staff Image #2

Dr. Sharmina Hussain

Associate Professor

Dr. Sharmina Hussain received her Ph.D in Mathematics from the University of Dhaka in 2018. Before that she completed her M.Eng. in 2004 (January) in Mechanical Engineering from University of Victoria, British Columbia, Canada. She finished her M.Sc in Applied Mathematics from the University of Dhaka in 2000 and B.Sc (Hons.) in Mathematics from the same institution in 1998.

Email: [email protected]

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Enrollment is Closed