HOLY CROSS OF DAVAO COLLEGE Sta. Ana Avenue, Davao City Bachelor of Science in Business Administration (BSBA) Major: Business Economics COURSE OUTLINE Mathematical Economics I. Course Number: BE-­‐E1/Math Eco 3 Credit: 3 units II. Course Title: Mathematical Economics Pre-­‐Requisite: Math 5, BE-­‐1 III. Course Description: This course introduces some of the mathematical techniques that are fundamental to modern economic analysis and shows how the techniques are relevant and useful in analyzing issues. IV. Course Objectives: At the end of the course, the student should be able to: 1. Explain mathematical techniques that are fundamental to modern economic analysis. 2. Show awareness on the importance of learning mathematical techniques to economic analysis. 3. Develop appropriate values among the students. 4. Attitude and skills necessary in understanding the real-­‐world economic problems, issues and relationships. V. Course Outline No. of Hours A. Introduction to Mathematical Economics 13.5 B. Straight Line 1. Inclination and Slope 2. Standard Forms of the Equation of the Straight Line 3. Applications of Straight Line in Business and Economics 4. Other Applications of the Straight Line 5. Supplementary Topics in Break-­‐even Analysis C. Non-­‐Linear Curve 13.5 1. Equation and their graphs 2. Second Degree Curves 3. Applications of Quadratic Curves in Business and Economics 4.
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Other Applications of Quadratic Curves Supplementary Topic – Fitting the Parabola D. Differential Calculus: Functioning One Variable 1. Limits 2. Rules to Evaluate Limits of Functions 3. Derivations E. Applications of the Derivatives in Business and Economics 13.5 F. Other Application of the Derivative VI. References A. Bibliography Books: Baldani, Bradfield, and Turner (2005) Mathematical Economics, 2nd Edition. USA: Thomson South Western Corp. Danao, R. (2007) Mathematical Method in Economics & Business. The University of the Philippines Press, Quezon City Dowling, E. (2006) Mathematical Economics. New York: Mc Graw-­‐Hill Schmidt, Stephen (2006) Economics New York: McGraw Hill/Arvin. Webster, T. (2003) Managerial Economics : Theory and Practice. Amsterdam : Boston : Academic Theory Werner, F. & Sotskov, Y. (2006) Mathematical of Economics and Business. London & N.Y: Eoutledge Taylor & Francis Group. Website: http://www.loc.gov/catdir/toc/els051/2003102999.html VII.
Course Requirements A. Passing the course VIII.
Grading System Midterm Grade Final Grade Prelim Examination Midterm Examination Class Standing Total Final Grade = 25% 25% 50% 100% Semi-­‐final Examination 25% Final Examination 25% Class Standing 50% Total 100% Midterm Grade + Final Grade 2