Quantitative Methods for Business II

The course presents an overview of business math concepts including functions, graphs, limits, continuity, derivatives, antiderivatives, definite integrals, and applications of differentiation and integration to modern business practice.  The focus is to help apply these math tools to real business practice.

PREREQUISITE: MAT1021 or the equivalent.

UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:

• Developing the limit of a function concept.
• Analyzing a limit analytically.
• Determining a limit graphically.
• Identifying the techniques for evaluating limits.
• Distinguishing continuous functions.
• Interpreting the derivative in various formats.
• Utilizing various derivative formulas.
• Examining maxima and minima with derivatives.
• Determining marginal analysis in business and economics.
• Solving optimization problems.
• Applying derivatives to economic concepts.
• Using higher order derivatives and tests.
• Defining antiderivative and integral.
• Computing antiderivative, indefinite, and definite integral.
• Employing various techniques of integration.
• Calculating the area under a curve.
• Modeling the definite integral to business problems.
• Expressing analytical thinking, orally and in writing, and applying that knowledge to other disciplines and to real-world situations.