INTERNATIONAL BURCH UNIVERSITY
Faculty of Economics and Social Sciences
Department of Management
2012-2013

SYLLABUS
Code Name Level Year Semester
BUS 101 Math. for Business and Economics I Undergraduate 1 Fall
Status Number of ECTS Credits Class Hours Per Week Total Hours Per Semester Language
5 125 English

Instructor Assistant Coordinator
Zafer KONAKLI, Assist. Prof. Dr. Muhammed Kürşad ÖZLEN, Assist. Prof. Dr.
zafer.konakli@ibu.edu.ba no email

COURSE OBJECTIVE
The objective of this course is to provide a mathematical foundation for students in economics, management & international relations. It begins with pre-calculus topics such as equations, functions and matrix algebra with applications of mathematics of finance. These applications cover economics, business and management. Thus, students through out this course will see continually how the mathematics they are learning can be used.

COURSE CONTENT
Week
Topic
  1. Introduction – Sets and numbers number systems
  2. Equations and Inequalities
  3. Applications of Inequalities
  4. Functions and Graphs
  5. Functions and Graphs
  6. Lines and Parabolas
  7. Systems of linear and non-linear equations
  8. Systems of linear and non-linear equations: Applications
  9. Exponential Functions
  10. Logarithmic Functions
  11. Properties of logarithmic and exponential functions
  12. Matrices and Determinant
  13. Gauss Elimination Method
  14. Review

LABORATORY/PRACTICE PLAN
Week
Topic

    TEACHING/ASSESSMENT
    Description
    • Lectures
    • Practical Sessions
    • Self Evaluation
    • Recitation
    Description (%)
    Method Quantity Percentage (%)
    Quiz115
    Homework1015
    Midterm Exam(s)230
    Final Exam140
    +Attandance, participation
    Total: 100
    Learning outcomes
    • Students should gain confidence in using mathematics for economics and business by reviewing some of the basics before moving on to look at some more involved problems. Mathematics should enhance student
    TEXTBOOK(S)
    • Applied Mathematics for Business, economics and the social sciences, Frank S. Budnick, fourth edition, Mc. Grow Hill International Edition.

    ECTS (Allocated based on student) WORKLOAD
    Activities Quantity Duration (Hour) Total Work Load
    Lecture (14 weeks x Lecture hours per week)41664
    Laboratory / Practice (14 weeks x Laboratory/Practice hours per week)11414
    Midterm Examination (1 week)21224
    Final Examination(1 week)11616
    Preparation for Midterm Examination177
    Preparation for Final Examination50
    Total Workload: 125
    ECTS Credit (Total workload/25): 5