Content Overview
| Course Materials | YES | NO |
| Lumen OHM Questions? | X | |
| Editable Text? | X – access here | |
| Video Support? | X – in text | |
| Written Assessments/ Test? | X | |
| Workbook? | X |
Text
Business PreCalculus/ Finite Math is a combination of text resources from David Lippman’s Precalculus: An Investigation of Functions, and OpenStax Microeconomics. This text is editable, and can therefore be improved upon in many ways. You will find video instruction embedded in the pages of the eText.
Topic Overview
This course is delivered in 8 chapters that include the following topics:
Functions and Graphs
- A review of the basic toolkit of functions including domain and range, transformations, and compositions
Linear Functions in Business
- Equations of lines
- Linear models, regression
- Cost, revenue and profit with linear functions
- Demand, supply and equilibrium in markets
- Break-Even Analysis
- Inequalities
Functions in Business
- Quadratic equations, factoring, quadratic formula
- Graphs of quadratic functions
- Modeling with quadratic functions, revenue
- Optimization, supply and demand curves
- Polynomial functions, intercepts
- Rational functions
Matrices
- Matrix operations, matrix math in Excel
- Solving systems with gaussian elimination, inverses
- Business applications of matrices
Inequalities and Linear Programming
- Solve standard minimization problems using the simplex method, dual method
Exponential Growth and Decay
- Exponential functions
- Growth and decay
- Logarithmic expressions and properties
- Exponential and logarithmic equations
Investments and Loans
- Simple and compound interest
- Annuities and loans
- Mortgages and sinking funds, amortization
Probability Theory
- Independent events, unions of events, conditional probabilities
- Bayes’ theorem
- Permutations , combinations, expected value
Length: One semester
Delivery: This text has been used in online and in face to face courses