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MAT 215 Math for Business Analysis
Credit Hours:  4
Effective Term: Fall 2016
SUN#:  None
AGEC: Mathematics  
Credit Breakdown: 4 Lectures
Times for Credit: 1
Grading Option: A, B, C, D, F
Cross-Listed:


Description: A study of mathematics focused on solving business-related problems by applying the concepts of linear programming, optimization, statistics, probability and multivariable calculus.

Prerequisites: MAT211 or MAT212

Corequisites: None

Recommendations: None

Measurable Student Learning Outcomes
1. (Application Level) Solve problems with functions of several variables.
2. (Application Level) Solve business-related multivariable optimization problems, including linear programming problems, using technology when appropriate.
3. (Application Level) Solve application problems using matrices and determinants focusing on business and/or economics problems.
4. (Application Level) Utilize the principles of set theory, Venn diagrams, counting techniques and combinatorics to solve problems.
5. (Synthesis Level) Derive solutions using probability concepts.
6. (Application Level) Solve statistics problems utilizing discrete and continuous distributions.
7.(Application Level) Utilize graphing calculators and available computer software to model, investigate, solve and justify solutions to given problems.
8. (Application Level) Utilize the principles of the math of finance with simple/compound interest as well as future/present value of an annuity and amortizations.
Internal/External Standards Accreditation
None