MAT 211 - Mathematics for Business Analysis

Summer 2008

SLN, Days, Time and Place: SLN41625, Daily at 9:30-11:10 AM, in PABLO 105.

Instructor: Igor Fulman Office: ECA 210Office Hours:. M-Th 1:10-2:00

E-Mail: Phone: (480) 965-9668

Web Page:

General Web Page:

Textbook: Essential Mathematics for Business and Economic Analysis, 3rd edition (orange cover), Pearson Publishing

Calculators: A graphing calculator is recommended. An internet and e-mail account is required for all students. Calculators with QWERTY keyboards or those that do symbolic algebra, such as TI-89s, TI-92s, Casio FX2 or 9970G’s cannotbe used in class or during exams.

Prerequisites:MAT 210 or equivalent, a grade of “C” or higher.

Withdrawal deadline:June 15, 2008 Complete withdrawal:July 3, 2008

Lecture Schedule

Week / Lecture Topic & Description / Comments
June 2 – 6 / Introduction and Review
Derivatives Review (Ch 4), Simple Linear Systems
5.2: Partial Derivatives (Review)
5.3: Geometric Representations (visualizing in 3-D)
5.4: Surfaces, 5.7: Economic Applications (optional)
6.1: Optimization in Two Variables
6.2: Local Extrema (Saddle Points)
6.4: Extreme-Value Theorem
June 9 – 13 / 7.1: Lagrange Multiplier Method
8.1: Preliminaries of Linear Programming
Further discussion of Linear Programming
9.1: Systems of Linear Equations
9.2: Matrices and Matrix Operations
9.3: Matrix Multiplication
June 16 – 20 / 9.6: Gaussian Elimination
10.1: Determinants of Order 2 – Cramer’s Rule
10.2: Determinants of Order 3 / Midterm Test
10.6: Inverse of a Matrix (n = 2 and 3 only)
Applications
11.1: Properties of Probability (Sets)
11.2: Enumeration
June 23 – 27 / 11.3: Conditional Probability
11.4: Independent Events
11.5: Bayes Theorem
12.1: Random Variables (discrete)
12.2: Expectation
June 30 – July 3 / 12.3: Bernoulli Trials and Binomial Distributions
13.1: Random Variables (continuous) / Final Exam
13.4: The Normal Distribution
Review

Grading: The breakdown is as follows. Midterm and final exam: 25% each. Homework, quizzes, WebWorK and all else: 50%.

Absences: For5-week Summer semesters, the maximum number of allowed absences is three (3). Students who exceed the number of allowed absences will receive a grade of EN.

Homework and Webwork: You will be assigned a mixture of written homework from the text and webwork problems from the computer. Your instructor will establish a balance and protocols for submissions and due dates.

Quizzes: Quizzes are given at the discretion of the instructor, and may be unannounced. Make ups are given at the discretion of the instructor.

Exams: There will be one midterm exam given during the semester, and the final exam at the last day of classes. The best possible preparation for the exams is regular attendance and completion of assigned homework. Both exams will be given in class.

Grade of Incomplete: A grade of incomplete, I, will be given only in the event that a documented emergency or illness prevents a student who is otherwise doing acceptable work from completing a small percentage of the course requirements.

Honor Policy: The highest standards of academic integrity are expected of all students. The failure of any student to meet these standards may result in suspension or expulsion from the University or other sanctions as specified in the University Student Academic Integrity Policy. Violations of academic integrity include, but are not limited to, cheating, fabrication, tampering, plagiarism or facilitating such activities.

Ethics: It's highly unethical to bring to your instructor's attention the possible impact of your mathematics grade on your future plans, including graduation, scholarships, jobs, etc. The instructor may exercise an option to withdraw you from the course if they think you are compromising the ability to assess your work independently of any other consideration. Students found to be involved in academic dishonesty will be removed from the class and a grade of E for the course will be submitted to the registrar. The student will be advised to repeat the course with another professor, possibly at another institution. This is the least action taken. Further, more serious actions may be taken if the situation indicated that such actions are appropriate. We will act very harshly against cheating during Quizzes or Exams.

Your instructor reserves the right to alter this syllabus and its structure to best fit the needs of his/her class.