536 Finite Mathematics
CURRICULUM OUTLINE
COURSE DESCRIPTION: Finite Mathematics is a college level mathematics course that is designed for students who are going to pursue a college education in business, economics, the life sciences, or the social sciences. This course is based in applications. Topics covered include the mathematics of finance, systems of linear equations using matrices, linear programming, probability, and probability distributions. Considerable use is made of the mathematical, statistical, and modeling capabilities of a graphing calculator
OBJECTIVES:
- To understand how relationships between two or more variables can be modeled through linear, quadratic, exponential, and logarithmic functions
- To understand and be able to solve practical financial problems involving savings, loans, mortgages, annuities, IRA’s, etc.
- To develop the expertise to represent a life science, social science, or business optimization problem in mathematical form and apply linear programming techniques to obtain a solution.
- To analyze theoretical and empirical probabilities in business, life science, and social science, and use this analysis to make decisions in these areas.
TEXT: Finite Mathematics for Business, Economics, Life Sciences, and Social
Sciences; 11th edition; Barnett, Ziegler, and Byleen; Prentice Hall
TOPICS AND RECOMMENDED SCHEDULE:
FIRST QUARTER:
Ch. 1: Linear Equations and Graphs
Ch. 2: Functions and Graphs
Ch. 3: Mathematics of Finance
SECOND QUARTER:
Ch. 3: Mathematics of Finance
Ch. 4: Systems of Linear Equations (Matrices)
Ch. 5: Linear Programming: Geometric Approach
THIRD QUARTER:
Ch. 6: Linear Programming: Simplex Method
Ch. 7: Logic, Sets, and Counting
Ch. 8: Probability
FOURTH QUARTER:
Ch. 8: Probability
Ch. 11: Data Description and Probability Distributions
Ch. 10: Introduction to Markov Chains and Game Theory
