BackMATH 209: Business Calculus Syllabus and Course Structure
Study Guide - Smart Notes
Tailored notes based on your materials, expanded with key definitions, examples, and context.
Course Overview
Introduction to Business Calculus
This syllabus outlines the structure, policies, and topics for MATH 209: Business Mathematics II at Concordia University. The course covers foundational and advanced topics in calculus with applications to business and economics.
Instructor: Andrea Panait
Office: 1.1.916
Email: andrea.panait@concordia.ca
Class Time: Thursdays from 4:15pm-5:45pm in 1.8.915
Textbook: Calculus for Business, Economics, Life Sciences and Social Sciences, 14th Edition, by Barnett, Ziegler, & Byleen (Custom Edition)
Course Topics
Weekly Breakdown and Main Chapters
The course is organized into weekly modules, each covering specific chapters and sections relevant to business calculus. Below is a summary of the main topics and their subtopics:
Week 1: Introduction to Limits
Week 2: Continuity
Week 3: The Derivative
Week 4: Marginal Analysis in Business and Economics
Week 5: Derivatives of Exponential and Logarithmic Functions
Week 6: Derivatives of Products & Quotients; Higher-Order Derivatives
Week 7: Implicit Differentiation
Week 8: Related Rates; Optimization
Week 9: Curve Sketching and Graphs; Business Applications
Week 10: Antiderivatives and Integration
Week 11: Additional Integration Topics; Area Between Curves
Week 12: Review
Key Topics and Academic Context
Limits and Continuity
Limits and continuity are foundational concepts in calculus, essential for understanding how functions behave near specific points and for defining derivatives.
Limit: The value that a function approaches as the input approaches a certain point.
Continuity: A function is continuous at a point if the limit exists and equals the function's value at that point.
Formula Example:
The Derivative
The derivative measures the rate of change of a function with respect to its variable, and is a central tool in business calculus for analyzing trends and optimizing outcomes.
Definition: The derivative of a function f at point x is the limit of the average rate of change as the interval approaches zero.
Formula:
Application: Marginal cost and marginal revenue in economics are derivatives of cost and revenue functions.
Optimization and Graphing
Optimization involves finding maximum or minimum values of functions, which is crucial for business decisions such as maximizing profit or minimizing cost.
Critical Points: Points where the derivative is zero or undefined.
Second Derivative Test: Used to determine concavity and classify extrema.
Formula Example:
(function is concave up; minimum) (function is concave down; maximum)
Integration
Integration is the process of finding the accumulated area under a curve, which is used in business calculus to compute total cost, revenue, and other aggregate measures.
Definite Integral: Represents the area under a curve between two points.
Formula:
Application: Calculating total profit over a time interval.
Course Policies and Structure
Assignments and Exams
Assignments: Submitted online via MyLabMath. Late assignments are not accepted.
Midterm Test: Covers material from the first half of the course.
Final Exam: Comprehensive, covering all course topics.
Grading Scheme:
Component | Option A | Option B |
|---|---|---|
Assignments | 10% | 10% |
Midterm Test | 30% | 0% |
Final Exam | 60% | 90% |
Note: The higher of the two grading options will be used. There is no "100% final exam" option.
Academic Integrity and Student Services
Academic Integrity: Students are expected to adhere to the university's code of conduct.
Student Services: Math Help Centre, MyLabMath support, and other resources are available.
Summary Table: Weekly Topics and Suggested Exercises
Week | Section | Suggested Exercises |
|---|---|---|
1 | Introduction to Limits | p. 10: 11, 15, 21, 25, 41, 43, 45, 47 |
2 | Continuity | p. 18: 11, 15, 21, 25, 41, 43, 45, 47 |
3 | The Derivative | p. 28: 11, 15, 21, 25, 41, 43, 45, 47 |
4 | Marginal Analysis in Business and Economics | p. 38: 11, 15, 21, 25, 41, 43, 45, 47 |
5 | Derivatives of Exponential and Logarithmic Functions | p. 48: 11, 15, 21, 25, 41, 43, 45, 47 |
6 | Derivatives of Products & Quotients; Higher-Order Derivatives | p. 58: 11, 15, 21, 25, 41, 43, 45, 47 |
7 | Implicit Differentiation | p. 68: 11, 15, 21, 25, 41, 43, 45, 47 |
8 | Related Rates; Optimization | p. 78: 11, 15, 21, 25, 41, 43, 45, 47 |
9 | Curve Sketching and Graphs; Business Applications | p. 88: 11, 15, 21, 25, 41, 43, 45, 47 |
10 | Antiderivatives and Integration | p. 98: 11, 15, 21, 25, 41, 43, 45, 47 |
11 | Additional Integration Topics; Area Between Curves | p. 108: 11, 15, 21, 25, 41, 43, 45, 47 |
12 | Review | All previous exercises |
Conclusion
This syllabus provides a comprehensive overview of the Business Calculus course, including key topics, policies, and resources. Students are encouraged to use the suggested exercises and seek support as needed to master the material.