
Explore the business mathematics course and its textbook, an introductory mathematical analysis for business, economics, and social science, covering algebra, linear and exponential functions, and calculus for business problems.
Explore real numbers and algebra fundamentals, including rational and irrational numbers and their p/q representation, and apply algebra to calculate profit, revenue, and fixed costs in business.
Explore linear functions by relating independent variable x to dependent variable y, with example y equals 3 plus 5x, and identify where demand and supply intersect to reach market equilibrium.
Study quadratic functions, including y = -x^2 + 12, and use the abc quadratic formula to find x-values and understand the parabola's up or down orientation, with revenue implications.
Explore exponential and logarithmic functions, including base constraints and real-world growth models like population growth, with exponent concepts and related calculations.
Explore the time value of money, interest accrual, and the future and present value concepts through annuities, loans, and practical examples.
Explore matrix algebra fundamentals for business math beginners. Learn to organize numbers in rows and columns, identify square matrices, and compute the inverse A^-1 for production output problems.
Apply differentiation to economics by analyzing rate of change and the independent variable, and compute marginal revenue, marginal cost, marginal utility, and marginal production to explain price and demand.
Analyze curves by locating relative maxima and minima through sign changes on open intervals, and apply these ideas to maximize revenue and minimize costs.
Learn integration concepts, including definite and indefinite integrals, and apply them to analyze consumer surplus, producer surplus, and price and quantity relationships at market equilibrium.
Explore multivariable calculus concepts with partial differentiation of functions of several variables. Examine marginal utility and marginal product of capital and labor, and learn constrained optimization.
Business mathematics courses learn about the application of basic mathematics to analyze and solve the problems that exist in microeconomics, especially problems faced by a business. A good microeconomic condition will support a country's economic growth. The basic mathematics studied consists of algebra, functions, matrix, differentiation, integration and multivariable calculus