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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS LGM 1009 CALCULUS FOR BUSINESS I COMPULSORY 4 0 0 5

Offered By

Logistics Management

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASISTANT PROFESSOR HANDE TUNÇEL GÖLPEK

Offered to

Logistics Management

Course Objective

A course designed to develop mathematical skills considered important for business students and prepare them business for calculus

Learning Outcomes of the Course Unit

1   The fundamental purpose of the course is to give students a strong sense of the practical and conceptual applications of calculus as a tool for solving problems encountered in the business world. 2   Find a company s cost, revenue, or profit function. 3   Find higher-order derivatives and interpret for cost, revenue, and profit functions. 4   Compute the elasticity of demand to determine if prices should be raised or lowered. 5   Find the cost, revenue, and profit functions, given the marginal revenue, cost, and profit. 6   Calculate definite integrals to find revenue, cost, profit, sales, and population. 7   Solve related rates problems and differentiate implicitly

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Linear Equations, inequalities, Graphs and Lines 2 Functions and Graphs 3 Polynomial, Rational, Exponential, logarithmic functions 4 Introduction to limits, infinite limits, limits at infinity, continuity 5 The derivative and applications in Business and Economics 6 The constant e, derivative of exponential and logarithmic functions. Derivative of products and quotient 7 The Chain Rule 8 Midterm 9 Implicit Differentiation, related rates 10 First and Second Derivative of a function and its graph. L'hospital rule. 11 Sketching Graphs 12 Absolute Maxima and Minima, Optimization 13 Review 14 Review 15 Final Exam

Recomended or Required Reading

Calculus for Business , Economics, Life Sciences and Social Sciences; Barnett, Ziegler, Byleen, 2011; ISBN: 10:0-321-61399-6

Planned Learning Activities and Teaching Methods

Literature review, case studies,analysis

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 FINS FINAL EXAM 3 FCG FINAL COURSE GRADE MTE * 0.40 + FINS * 0.60 4 RST RESIT 5 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.40 + RST * 0.60

Further Notes About Assessment Methods

None

Assessment Criteria

To be able to solve these business maths problems .

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 14 4 56 Preparations before/after weekly lectures 13 4 52 Preparation for midterm exam 1 4 4 Preparation for final exam 1 9 9 Midterm 1 2 2 Final 1 2 2 TOTAL WORKLOAD (hours) 125

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 LO.1 3 3 3 3 3 3 LO.2 3 3 3 3 3 3 3 LO.3 3 3 3 3 LO.4 3 3 3 3 3 3 3 3 LO.5 3 3 3 3 3 LO.6 3 3 3 3 3 3 3 LO.7 3 3 3 3 3 3