Sultan Qaboos University

College of Science
Department of Mathematics and Statistics

MATH1105 Business Mathematics Fall 2016

Format: 2 hours (Lecture) + 2 hours (Tutorial)
Credit: 3 hours

Coordinator: Dr. Hamed Al Shamsi

Prerequisite: English & FPMT0103

Course Description
This is a course in Business Mathematics offered to students in the College of Economics and
Political Science. It introduces differential and integral calculus. The topics covered are: derivatives
and optimization techniques for functions, basic techniques of integration, definite integrals, and
applications of derivatives and integrals to various problems from business, economics, finance and
the social sciences.

Course Objectives
To provide background in mathematical techniques needed in formulating and solving real life
problems, especially in commerce and economics.

Course Learning Outcomes

Upon Successful completion of this course, students should be able to:
a. Evaluate the (average) rate of change of a function.
b. Evaluate the limit of basic functions, such as power, rational, and exponential functions.
c. Use limits to find the derivative of a function.
d. Interpret the derivative geometrically as the slope of a tangent line to the graph of the
function.
e. Apply the rules of differentiation, such as product, quotient, and chain rules.
f. Apply the derivatives to the operations of a business firm.
g. Evaluate the marginal cost, revenue, and profit of functions.
h. Find intervals of increase/decrease, describe the concavity, and sketch the graph of
polynomials.
i. Find the local extrema values of functions, and apply the tests to the operations of a business
firm.
j. Use limits to find asymptotes, and sketch the graph of rational and exponential functions.
k. Apply methods of integration to business applications and calculate the areas between 2
curves.
l. Use calculus techniques to maximize profit, and find consumers' and producers' surplus.
m. Calculate the partial derivatives of a function of two variables.

Textbook
Title: Introductory Mathematical Analysis for Business, Economics and Life and Social
Sciences (13

th

Edition)

Author: E. F. Haeussler, R. S. Paul and R. J. Wood

1

Publisher: Pearson

Assessment
The course will be graded A to F, and the grades will be composed of the following:
Assessments Marks
Quiz 1
5%
Quiz 2
5%
Quiz 3
5%
HW Quiz
5%
20%
Test 1
Test 2
20%
Final Exam 40%

Week (Day, Date, Time)

Week 5 (Tutorial class)
Week 7 (Tutorial class)
Week 11 (Tutorial class)
Week 14 (Tutorial class)
Week 8 (Monday, 24/10/2016, 18:1519:15)
Week 13 (Tuesday, 29/11/2016, 18:1519:15)
Week 17 (Monday, 26/12/2016, 11:3014:30)

The exact venues for tests and final exam, and the materials to be covered for each
quiz/test/final exam, will announced in Moodle in due time.

A homework assignment will be given in week 12, and students will submit the homework
assignment in week 14 (tutorial class), and a quiz with selected questions taken directly from
the homework assignment will be given.

If a student misses an exam or a quiz without a valid excuse, then his/her mark in that
component will be zero.

There will be no make-up quizzes or exams.

Absentees with genuine reasons (supported by proper documents submitted to the instructor
within one week from return to the class), will be treated separately.

Attendance
Attendance is compulsory. According to University regulations, if you are absent for more than
10% of the classes (6 contact hours) you will be sent an Absentee Warning Notice, and if you are
absent for more than 20% of the classes (12 contact hours) you will get an Absentee Failure Notice
(will be barred from taking the Final Examination). You will then automatically be withdrawn from
the course and be given a FW grade.

Getting HELP & Office Hours

We encourage all students to use regularly the office hours in order to succeed in the course. If you
ever have a question, ASK your instructor either in class or during his/her office hours, or else ask
the instructor for an appointment at a mutually convenient time. You may also use any of the course
team office hours to get help. The course is being taught by the following instructors:
Section

Instructor

E-mail

Office

10
Dr. Easwaran Balakrishnan balak@squ.edu.om
20,50
Dr. Hamed Al Shamsi
hshamsi@squ.edu.om 0201 (CoS Annex Building)
30
Prof. Mehiddin Al-Baali
albaali @squ.edu.om 0141 (CoS Ground Floor)
40
Dr. Amina Al Sawaei
alsawaii@squ.edu.om 0081 (CoS Ground Floor)
0142 (CoS Ground Floor)

60

Dr. Marina Makhmutova

marinam@squ.edu.om 0207 (CoS Annex Building)

70
80
90

Dr. Magda Al-Hinai

Dr. Anton Purnama
Dr. Nasser Al-Salti

magda@squ.edu.om Independent Learning Center

antonp@squ.edu.om 0128A (CoS Ground Floor)
nalsalti@squ.edu.om 0123 (CoS Ground Floor)

Office Hours
Sun 9-10 ; Mon 11-12 ; Wed 11-12
Sun 2-3 ; Tues 10-12
Mon, Tues and Wed 11-12
Sun 12-2 ; Wed 9-10
Sun 2-3 ; Mon 1-2
Tues 2-3 ; Wed 1-2
Sun and Tue 12-1 ; Wed 10-11
Sun 12-12:30, 2:15-3:45

E-Learning with Moodle

Course syllabus, important announcements related to this course and useful course materials such as
previous semester exams will be posted in Moodle. Students are advised to check Moodle regularly
for new updates and postings. The enrolment key for Moodle is: m1105.
2

Weekly Schedule, Course Contents and Suggested Examples and Exercises

Week
1
2
3
4
5
6
7
8
9
10
11
12
13
14

15

The recommended textbook examples for reading and suggested tutorial/homework exercises are listed below.

The instructors job is not to solve the homework for you, but to assist/guide you to overcome the difficulties in your homework.

In addition, students are encouraged to do other relevant exercises from the textbook including the Review Exercises at the end of each chapter, on their own.

Dates
04-Sep-16
11-Sep-16
18-Sep-16

Remarks

Section
Title
Examples
Selected Exercises
10.1
Limits
1-9
2, 4, 10, 14, 16, 20, 22, 24, 26, 34, 38, 42, 43
10.2
Limits (Continued)
1-6
1, 7, 10, 12, 22, 24, 26, 44, 56
11.1
The Derivative
1-6
4, 12, 16, 17, 18, 20, 22, 28
11.2
Rules for Differentiation
1-7
10, 23, 28, 31, 35, 44, 61, 66, 69, 74, 78, 81, 86, 87
25-Sep-16
11.3
The Derivative as a Rate of Change
2-8
4, 6, 8, 9, 17, 20, 24, 28, 30, 32, 42, 45
11.4
The Product Rule and the Quotient Rule
1-9
15, 20, 26, 32, 36, 40, 42, 46, 48, 50, 54, 68, 69, 70
02-Oct-16
Quiz 1
11.5
The Chain Rule
1-8
20, 23, 29, 36, 44, 52, 53, 55, 58, 61, 68, 69, 71, 73, 79, 80
12.1
Derivatives of Logarithmic Functions
1-6
1, 4, 7, 8, 11, 14 ,17, 21, 24, 27, 28, 32, 36, 40, 42, 45, 48, 49, 50
09-Oct-16
12.2
Derivatives of Exponential Functions
1-6
1, 3, 6, 9, 10, 14, 17, 20, 22, 25, 29, 30, 31, 33, 36, 38, 39, 43
12.3
Elasticity of Demand
1-2
1, 4, 6, 9, 12 ,14 , 15, 16
Self-Study
16-Oct-16
Quiz 2
12.4
Implicit Differentiation
1-4
1, 2, 3, 6, 8, 11, 14, 18, 20, 22, 23, 25, 31, 32, 34
12.5
Logarithmic Differentiation
1-4
1, 2, 4, 5, 7, 11, 12, 18, 19, 20, 21, 25, 29
23-Oct-16
Test 1
13.1
Relative Extrema
2, 3, 4
4, 8, 12 ,16 , 22, 26, 30, 44, 46, 52, 60
13.2
Absolute Extrema on a Closed Interval
1
2, 4, 6, 8, 12
30-Oct-16
13.3
Concavity
1, 2, 3, 4
1, 4, 10, 12, 13, 20, 23, 29, 30, 33, 39, 42, 47
13.4
The Second-Derivative Test
1, 2
3, 5, 6, 8, 12
06-Nov-16
13.5
Asymptotes
1, 2, 4, 5, 6, 7 1, 6, 8, 9, 11, 16, 20, 24, 26, 31, 34, 47
13.6
Applied Maxima and Minima
2, 3, 6, 8
5, 7, 11, 13, 14, 16, 18, 19, 30, 41
14.1
Differentials
1-2
1 ,2, 3, 5, 12, 13
13-Nov-16 Self-Study
Quiz 3
14.2
The Indefinite Integral
1-9
1, 3, 4, 5, 7, 11, 13, 14, 16, 18, 19, 20, 21, 25, 28 , 30, 41, 45, 52
14.3
Integration with Initial Conditions
1-5
1-16, 20
20-Nov-16
14.4
More Integration Formulas
1-8
1, 2, 3, 5, 8,9, 10, 11, 12, 16, 17, 23, 26, 31, 34, 35, 38, 46-48, 72, 76
14.5
Techniques of Integration
1-4
1, 4, 6, 10, 14, 17, 20, 22, 25, 29, 30, 31, 33, 36, 38, 39, 43, 56, 58, 60
14.6
The Definite Integral
1-3
1, 3, 4, 5, 7, 11
27-Novr-16 Self-Study
Test 2
14.7
The Fundamental Theorem of Integral Calculus
1-5
13, 18, 22, 29, 32, 35, 38, 40, 43, 44, 46, 47, 59, 61
14.9
Area between Curves
1-5
3, 6, 10, 13, 17, 20, 23, 25
04-Dec-16
HW Quiz
14.10
Consumers' and Producers' Surplus
1-2
3, 4, 6, 7, 8, 10
15.1
Integration by Parts
1, 2, 3, 4, 5 4, 9, 10, 12, 29, 33, 34
17.1
Partial Derivatives
1-3
2, 4, 5, 8, 9, 11, 14, 16, 17, 20, 25, 27, 29, 33, 35
11-Dec-16
1,
3
1-5, 12
17.2 Applications of Partial Derivatives
The course schedule may change as the semester progresses, and the instructors may also use tutorials to finish the course.