Mathematics for Business and Economics First Day Handout for Students




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Mathematics for Business and Economics

First Day Handout for Students

[Semester]

MATH 1324- [section number] [Instructor Name]

Synonym: [insert] [Instructor ACC Phone]

[Time], [Campus] [Room] [Instructor email]

[Instructor web page, if applicable]

[Instructor Office]

Office Hours: [day, time]

Other hours by appointment
COURSE DESCRIPTION

MATH 1324 MATHEMATICS FOR BUSINESS AND ECONOMICS (3-3-0) A course in finite mathematics for business students including sets, basic algebraic properties, linear equations and inequalities, functions and graphs, the exponential and logarithmic functions, the mathematics of finance, systems of linear equations and matrices, linear inequalities and linear programming, the simplex method, and an introduction to probability. Prerequisites: MATD 0390 or satisfactory score on the ACC Assessment Test. Credit can be earned for only one of MATH 1324 or BUA 2103. (MTH 1643)

 

REQUIRED TEXTS/MATERIALS

The required textbook for this course is:

Finite Mathematics, by Barnett, Ziegler, and Byleen 13th ed. (Prentice-Hall) ISBN-10: 0321947622; ISBN-13: 9780321947628. My Math Lab Course ID: acc91845

 

Other materials include:



 Scientific Calculator that handles exponents, logarithms and simple probability and statistics. Most ACC faculty are familiar with the TI family of graphing calculators. Hence, TI calculators are highly recommended for student use.  Other calculator brands can also be used.  Your instructor will determine the extent of calculator use in your class section.

 

INSTRUCTIONAL METHODOLOGY

This course is taught in the classroom primarily as a lecture/discussion course.

 

COURSE RATIONALE

This course is required in certain degree plans, such as Accounting, Computer Information Systems and Economics. For some students, this is the first half of a two-semester finite mathematics/business calculus sequence. This is also a preparation course prior to taking two semesters of business calculus, although the preferred preparation for two semesters of business calculus is MATH 1314. Finally, some students take this course as a general mathematics elective.

 

NOTE TO STUDENTS

A steady pace must be maintained throughout the semester in order to complete all required topics in a thorough manner. Students experiencing a great deal of difficulty in Sections 1.2and 2.1 through 2.3 should review (on their own) Appendices A or should consider taking MATD 0390 (Intermediate Algebra) before returning to this course. Students who discover difficulty during the first class of the semester should consider changing their registration during late registration to MATD 0390. Students who remain in the course but need additional assistance should consider registering for the supplemental lab course (MATH 0161). Students also have access to walk-in tutoring at the Learning Lab

COURSE EVALUATION/GRADING SCHEME

Grading criteria must be clearly explained in the syllabus. The criteria should specify the number of exams and other graded material (homework, assignments, projects, etc.). Guidelines for other graded materials, such as homework or projects, should also be included.


COMMON COURSE OBJECTIVES/LEARNING OUTCOMES

Mathematics for Business and Economics has five main mathematical topics: functions, matrices, linear programming, probability and statistics. The objectives of the course are for students not only to know the mathematics of these concepts, but also to be able to apply the concepts to analyze and interpret information in business and financial application problems.

Upon successful completion of this course a student will be able to:

1. Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points.

2. Perform basic operations with matrices, and use matrix methods to solve systems of linear equations. Apply the knowledge of matrices to business problems such as inventory, production, and total cost.

3. Use geometric method to solve linear programming problems. Interpret information as an objective function with constraints, set up the linear programming problem, solve the problem and interpret the result in the context of the problem.

4. Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the mathematical knowledge of probability to business problems and interpret the results.

5. Calculate measures of central tendency and measures of dispersion. Apply the mathematical skills to problems in various business settings and interpret the results.

 

The General Education Competency of



  1. Critical Thinking – gathering, analyzing, synthesizing, evaluating and applying information is covered in every SLO.

  2. Quantitative and Empirical Reasoning – applying mathematical, logical, and scientific principles and methods is covered in every SLO.

  3. Written, Oral and Visual Communication – communicating effectively adapting to purpose, structure, audience and medium is covered in every SLO.

 1General Policies and Info for ACC Students



Attendance/Class Participation: Regular and punctual class attendance is expected of all students. If attendance or compliance with other course policies is unsatisfactory, the instructor may withdraw students from the class.
Withdrawal Policy: It is the responsibility of each student to ensure that his or her name is removed from the roll should he or she decide to withdraw from the class. The instructor does, however, reserve the right to drop a student should he or she feel it is necessary. Students who miss more than 3 classes may be withdrawn although the instructor makes no commitment to do so. If a student decides to withdraw, he or she should also ensure that the withdrawal is submitted before the Final Withdrawal Date. After the last day to withdraw neither the student nor the instructor may initiate a withdrawal. The deadline for withdrawal is: ______________________.

Students who enroll for the third or subsequent time in a course taken since Fall 2002 may be charged a higher tuition rate for that course. Furthermore, State law permits students to withdraw from no more than six courses during their entire undergraduate career at Texas public colleges or universities. With certain exceptions, all course withdrawals automatically count towards this limit. Details regarding this policy can be found in the ACC college catalog.


Incomplete Grades: An instructor may award a grade of “I” (Incomplete) if a student was unable to complete all of the objectives for the passing grade in a course. An incomplete grade cannot be carried beyond the established date in the following semester. The completion date is determined by the instructor but may not be later than the final deadline for withdrawal in the subsequent semester.

Incomplete grades will be given only in very rare circumstances. Generally, to receive a grade of "I", a student must have taken all examinations, be passing, and after the last date to withdraw, have a personal tragedy occur which prevents course completion.


Statement on Scholastic Dishonesty: A student attending ACC assumes responsibility for conduct compatible with the mission of the college as an educational institution. Students have the responsibility to submit coursework that is the result of their own thought, research, or self-expression. Students must follow all instructions given by faculty or designated college representatives when taking examinations, placement assessments, tests, quizzes, and evaluations. Actions constituting scholastic dishonesty include, but are not limited to, plagiarism, cheating, fabrication, collusion, and falsifying documents. Penalties for scholastic dishonesty will depend upon the nature of the violation and may range from lowering a grade on one assignment to an “F” in the course and/or expulsion from the college. See the Student Standards of Conduct and Disciplinary Process and other policies at http://www.austincc.edu/current/needtoknow
Student Rights and Responsibilities: Students at the college have the rights accorded by the U.S. Constitution to freedom of speech, peaceful assembly, petition, and association. These rights carry with them the responsibility to accord the same rights to others in the college community and not to interfere with or disrupt the educational process. Opportunity for students to examine and question pertinent data and assumptions of a given discipline, guided by the evidence of scholarly research, is appropriate in a learning environment. This concept is accompanied by an equally demanding concept of responsibility on the part of the student. As willing partners in learning, students must comply with college rules and procedures.
Safety Statement: Austin Community College is committed to providing a safe and healthy environment for study and work. You are expected to learn and comply with ACC environmental, health and safety procedures and agree to follow ACC safety policies. Additional information on these can be found at http://www.austincc.edu/ehs. Because some health and safety circumstances are beyond our control, we ask that you become familiar with the Emergency Procedures poster and Campus Safety Plan map in each classroom. Additional information about emergency procedures and how to sign up for ACC Emergency Alerts to be notified in the event of a serious emergency can be found at http://www.austincc.edu/emergency/ .

Please note, you are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be dismissed from the day’s activity, may be withdrawn from the class, and/or barred from attending future activities.


Statement on Students with Disabilities: Statement on Students with Disabilities

Each ACC campus offers support services for students with documented disabilities. Students with disabilities who need classroom, academic or other accommodations must request them through Student Accessibility Services (SAS, formerly OSD).  Students are encouraged to request accommodations when they register for courses or at least three weeks before the start of the semester, otherwise the provision of accommodations may be delayed. 

Students who have received approval for accommodations from SAS for this course must provide the instructor with the ‘Notice of Approved Accommodations’ from SAS before accommodations will be provided.  Arrangements for academic accommodations can only be made after the instructor receives the ‘Notice of Approved Accommodations’ from the student.

Students with approved accommodations are encouraged to submit the ‘Notice of Approved Accommodations’ to the instructor at the beginning of the semester because a reasonable amount of time may be needed to prepare and arrange for the accommodations.  

Additional information about Student Accessibility Services is available at http://www.austincc.edu/support/osd/

Use of ACC email: All College e-mail communication to students will be sent solely to the student’s ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify you of any college related emergencies using this account. Students should only expect to receive email communication from their instructor using this account. Likewise, students should use their ACCmail account when communicating with instructors and staff. Instructions for activating an ACCmail account can be found at http://www.austincc.edu/accmail/index.php.
Testing Center Policy: Under certain circumstances, an instructor may have students take an examination in a testing center. Students using the Academic Testing Center must govern themselves according to the Student Guide for Use of ACC Testing Centers and should read the entire guide before going to take the exam. To request an exam, one must have:

1. ACC Photo ID

2. Course Abbreviation (e.g., ENGL)

3. Course Number (e.g.,1301)

4. Course Synonym (e.g., 10123)

5. Course Section (e.g., 005)

6. Instructor's Name

Do NOT bring cell phones to the Testing Center. Having your cell phone in the testing room, regardless of whether it is on or off, will revoke your testing privileges for the remainder of the semester. ACC Testing Center policies can be found at http://www.austincc.edu/testctr/


Student And Instructional Services: ACC strives to provide exemplary support to its students and offers a broad variety of opportunities and services. Information on these services and support systems is available at: http://www.austincc.edu/s4/

Links to many student services and other information can be found at: http://www.austincc.edu/current/

ACC Learning Labs provide free tutoring services to all ACC students currently enrolled in the course to be tutored. The tutor schedule for each Learning Lab may be found at: http://www.autincc.edu/tutor/students/tutoring.php

For help setting up your ACCeID, ACC Gmail, or ACC Blackboard, see a Learning Lab Technician at any ACC Learning Lab.


COURSE OUTLINE/CALENDAR

 16-Week Semester

11-Week Semester

12 - Week Semester

6 - week Semester

1

2.1-2.2

2.1,2.2,1.2,2.3

2.1,2.2,1.2,2.3

2.1,2.2,1.2,2.3-2.5,2.6

2

1.2,2.3

2.3,2.4,2.5,2.6

2.3,2.4,2.5,2.6

Test, 3.1-3.4, 4.1-4.2

3

2.3,2.4, 2.5

Test, 3.1-3.3

Test, 3.1-3.3

4.3-4.7, Test, 5.1-5.3

4

2.6, Test

3.4, 4.1-4.2

3.4, 4.1-4.2

6.1,7.3-7.4,8.1-8.3 Test

5

3.1-3.2

4.3-4.5, Test

4.3-4.5, Test

8.3,8.5,11.2-11.4

6

3.3-3.4

4.6-4.7, 5.1-5.3

4.6-4.7, 5.1-5.3

11.5, Final Test

7

4.1-4.3

6.1,7.3-7.4

6.1,7.3-7.4

 

8

4.4, Test

Test, 8.1-8.3

Test, 8.1-8.2

 

9

4.5-4.7

8.3,8.5

8.3,8.5

 

10

5.1-5.3

11.2-11.4

8.5,11.2-11.3

 

11

6.1,7.3-7.4

11.5, Final Test

11.4-11.5

 

12

Test,8.1-8.2

 

Final Test

 

13

8.2-8.3

 

 

 

14

8.5,11.2

 

 

 

15

11.3,11.4

 

 

 

16

11.5, Final Test

 

 

 

Please note: schedule changes may occur during the semester. Any changes will be announced in class.



Sections 6.2,8.4, and 11.1 are optional and may be added to the above syllabus by your instructor. Your instructor may give a different testing sequence and will give you a separate handout describing how the final grade will be calculated, including how homework will be handled.
**Additional information about ACC's mathematics curriculum and faculty is available on the Internet at http://www.austincc.edu/math/
TESTING CENTER POLICY: ACC Testing Center policies can be found at: http://www.austincc.edu/testctr/ Instructor will add any personal policy on the use of the testing center.
STUDENT SERVICES: The web address for student services is: http://www.austincc.edu/support .

The ACC student handbook can be found at: http://www.austincc.edu/handbook/




ALTERNATE COURSE OUTLINE/CALENDAR

16-Week Semester

11-Week Semester

12 - Week Semester

6- week Semester

1

4.1-4.2

4.1-4.3

4.1-4.3

4.1-4.6

2

4.3-4.5

4.4-4.6

4.4-4.6

4.7, 5.1-5.3,6.1Test, 7.3-7.4

3

4.6-4.7

4.7, 5.1-5.3, Test

4.7, 5.1-5.3, Test

8.1-8.3,8.5,Test, 11.2,11.3

4

5.1,5.2, Test

6.1,7.3-7.4

6.1,7.3-7.4

11.4-11.5,2.1-2.2,1.2,2.3Test

5

5.3,6.1

8.1-8.3, Test

8.1-8.3Test

2.4-2.6, 3.1-3.3

6

7.3,7.4

8.5,11.2-11.3

8.5,11.2-11.4

3.4, Final Test

7

8.1,8.2

11.4,11.5,2.1,2.2

11.4,11.5,2.1,2.2




8

8.3,8.5, Test

Test, 1.2,2.3,

Test, 1.2,2.3




9

11.2-11.3

2.3-2.6

2.4-2.6




10

11.4-11.5

3.1-3.3

3.1-3.2




11

2.1-2.2,1.2

3.4, Final Test

3.3-3.4




12

2.3, Test




Final Test




13

2.4-2.6










14

3.1-3.2










15

3.3, 3.4










16

Final Test












Sections 6.2,8.4,and 11.1 are optional and may be added to the above syllabus by your instructor. Your instructor may give a different testing sequence and will give you a separate handout describing how the final grade will be calculated, including how homework will be handled.
**Additional information about ACC's mathematics curriculum and faculty is available on the Internet at http://www.austincc.edu/math/



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