Fall 2013 – Math-1108 R5, Math for Business: Finite

Class meetings: Monday and Thursday 16:00 – 17:15, JMH 112
Instructor: Han-Bom Moon
Office: JMH 418
E-mail: hmoon8 at fordham dot edu
Course webpage: http://my.fordham.edu
Office hours: Monday and Thursday 13:00 – 14:30, or by appointment
Text: Finite Mathematics for Business, Economics, Life Sciences, and Social Sciences,12th ed. with MyMathLab, by Barnett, Ziegler, and Byleen.

Recommended Problems

  • Sec 3.1. #18, 20, 23, 27, 31, 41, 47, 49, 53, 57, 61.
  • Sec 3.2. #2, 4, 5, 7, 13, 15, 19, 21, 26, 27, 33, 35, 41, 55, 65, 67, 69, 75, 77, 87.
  • Sec 3.3. #3, 5, 7, 12, 15, 29, 31, 37.
  • Sec 3.4. #3, 7, 9, 13, 22, 27, 30, 32, 35, 39, 42, 47.
  • Sec 4.1. #2, 4, 9, 13, 15, 21, 22, 23, 57, 61, 69.
  • Sec 4.2. #2, 6, 12, 13, 16, 20, 21, 40, 41, 43, 47, 49, 53, 55, 57, 69.
  • Sec 4.3. #4, 6, 9, 10, 12, 14, 19, 20, 34, 36, 38, 39, 42, 43, 49, 52, 53, 65, 68, 71, 77, 84.
  • Sec 4.4. #3, 6, 11, 27, 29, 34, 38, 45, 55, 57, 70, 71.
  • Sec 4.5. #6, 8, 9, 11, 13, 17, 19, 36, 38, 39, 40, 61.
  • Sec 4.6. #1, 4, 11, 20, 21, 23, 27, 58, 61, 62.
  • Sec 5.1. #3, 4, 5, 12, 13, 17, 19, 21, 22, 25, 26, 35, 37, 43, 45, 51.
  • Sec 5.2. #5, 8, 9-12, 13, 17, 21, 23, 25, 36, 37.
  • Sec 5.3. #3, 7, 11, 17, 21, 23, 33, 37, 38, 39, 43.
  • Sec 7.2. #1-8, 13, 15, 19, 24, 25, 29, 31, 35, 39, 67, 71, 75, 77, 81-88.
  • Sec 7.3. #3, 6, 9, 12, 19, 21, 25, 27, 31, 37, 39, 53, 55, 63, 65.
  • Sec 7.4. #3, 5, 7, 21, 23, 37, 38, 41, 51, 53, 55, 61, 63, 65.
  • Sec 8.1. #3, 5, 15, 18, 20, 27, 30, 33, 40, 43, 45, 56, 59, 78, 82, 84, 90, 92.
  • Sec 8.2. #3, 5, 12, 15, 18, 19, 20, 22, 32, 33, 44, 50, 52, 55, 57, 71, 76, 79, 80.
  • Sec 8.3. #6, 8, 11, 17, 19, 22, 32, 34, 37, 40, 52, 59, 61, 63, 65.
  • Sec 8.4. #5, 7, 11, 13, 21, 27, 28, 32, 40, 41, 43, 47, 50, 52, 53.
  • Sec 8.5. #7, 9, 11, 13, 19, 22, 26, 31, 35, 42.
  • Sec 9.1. #7, 23, 24, 27, 30, 31, 39, 43, 46, 47, 53, 73, 75, 77, 79.
  • Sec 9.2. #6, 7, 16, 18, 21, 44, 45, 46, 51, 53, 57.

Course objective

Finite mathematics consists of several mathematical ideas which may be useful for business students. In this course we will cover (parts of) Chapter 2 – 5 and 7 – 8 of the textbook. More precisely, we discuss following topics: mathematics of finance, system of linear equations/inequalities, counting techniques, probability.

Prerequisite

You are expected to know basic to intermediate algebra. Appendix A of the textbook provides a review of basic algebra will be used in this course. Also you should be familiar with linear equations. In the first several lectures, we will review some facts in intermediate algebra.

Grading

I will grade on a curve. Final grades will be computed according to the following breakdown:

Participation 10%
Homework 20%
Quiz 15%
Midterm Exam 25%
Final Exam 30%

Calculator or computer

Only four function or scientific calculators are permitted on homework, quizzes, the midterm test and the final. Use of graphing calculators, computers, smartphone or any other electronic devices is not allowed.

Homework

There is no way to learn mathematics without solving lots of problems. Homework will be assigned weekly on the homework webpage http://www.mymathlab.com. To register on this site, you need an access code and the course ID. The course ID is moon25792. An access code is bundled with you textbook. When you buy your text- book, make sure it comes bundled with an access code.

The homework deadline is every Wednesday. I highly recommend you to work in groups and help each other, but do not copy someone’s steps directly. You must understand how to solve the problems.

Additional materials

It is always advisable to work as many additional problems from the book as you have time for. In each week I will post on the course webpage a list of recommended problems. You don’t need to submit solutions of all recommended problems, but studying them will be very helpful to improve your mathematical writing skill. Also, I will post model solutions of quizzes and tests. Check the course webpage regularly.

Quiz

On almost every Thursday, there will be a quiz at the end of the class (about 10 minutes). Make up quizzes will not be given unless you have a documented reason. The lowest quiz grade will be dropped.

Test

There will be a midterm test and a cumulative final exam. The midterm exam is scheduled for October 10, 16:00 – 17:15. The final exam will be on December 16, 13:30 – 15:30. The final exam will be cumulative, but may slightly emphasize material covered between the midterm exam and the last day of class. Make up exams will not be given unless you have a documented reason.

Attendance

Coming to every class during the official academic term is required. Attendance will be taken intermittently. This will be included in the “participation” portion of your grade.

Math Help Room

From the second week of classes, the Math Help Room in JMH 410 welcomes all students to drop by with any math questions. Faculty and upper class math majors will stay and help you.

Academic integrity

As a Fordham University student, you have agreed to abide by the University’s academic integrity policy. All academic work must meet the standards described in here. Lack of knowledge of the academic integrity policy is not a reasonable explanation for a violation. Questions related to course assignments and the academic integrity policy should be directed to the instructor.

Disclaimer

The course syllabus is a general plan for the course; deviations announced to the class by the instructor may be necessary.

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