Spring 1997

Math 1030, Calculus with Business Applications

(Uses Excel and Derive and the Computer)

Section: #105 will meet M-TH at 10 am, 4 Hours per week, 4 Semester Hours Credit

Instructor: J. Harris

Office: 348 Walker

Phone: 262-6601

Office Hours: Monday & Wednesday 9-10 am & 11am-12:00 pm,

Tuesdays 9-10 am and 12:30-2:30 pm,

Thursday 9-10 am and by appointment.

Textbook: Applied Calculus Today: with Spreadsheets and Derive, Revised Preliminary Edition, by Robert L. Richardson, 1997.

Additional Materials: At least two 3.5" DS/HD diskettes to store your work.

Content:

This course is designed to give the business major a thorough grounding with applications in the various topics they may encounter in their classes in the College of business and in their career after graduating. Emphasis is on both understanding and applying the pertinent mathematics in a variety of business settings. Various tools will be used both to help you when doing difficult symbolic manipulation and for graphing to help in understanding and resolving problems.

Topics covered include:

1. Using discrete data to determine

a. Demand equations

b. Supply equations

c. Revenue equations

d. Cost equations

e. Profit equations

2. Calculating present values, future values, loan payments. And annuities

3. Basic differential calculus concepts

4. Applying basic differential calculus concepts to problems arising from discrete data, to include:

a. Economic order quantity problems with volume discounts (jump discontinuities)

b. Elasticity

c. Common business models including:

Gompertz

Modified exponential growth

Logistic

Normal

Chi-square

5. Applying basic integral calculus concepts to a variety of business situations:

a. Pricing

b. Probability

Attendance:

Attendance will be taken. If a student is late it is his/her responsibility to inform the instructor at the end of the class period. If a student does not miss any classes a bonus of 25 points will be added to the total points earned by that student. Regular class attendance is necessaty for the student to be successful in this class. All assigned work is due at the start of class and there are NO MAKE-UP TESTS or assignments. Assignments handed in late will be graded accordinglysubtracting 20% the first day late and 10% each day after that.

Grade Determination:

There will be 5 major tests worth 75-100 points each and a final exam worth 150 points. Homework, competency quizzes, and projects will be worth a maximum of 250 points.

Final Exam: Thursday, May 1, 1:30-4:30.