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BUSINESS MATHEMATICS COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
YBS110 BUSINESS MATHEMATICS 2 3 3 6

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Performs operations on the matrix. (Application, Blooms' 3)
Defines Echelon Form of Matrix, can count Elementary Row Operations. (Knowledge, Blooms' 1)
Converts a given matrix into row Echelon Form. Finds the inverse of the Square Matrix. (Application, Blooms' 3)
Finds solution set of linear equation systems with Gauss-Jordan Elimination Method. (Application, Blooms' 3)
Analyze the linear independence of the given vectors. (Analysis, Blooms' 4)
Finds the inverse of a given square matrix with the help of a determinant and obtains the solution of the linear equation system with Cramer's rule. (Application, Blooms' 3)
Makes input-output analysis of sectors with matrix and determinant and demand table. (Analysis, Blooms' 4)
Given the interest rate and annuity amount, Calculates the amount of installments to be paid in the future or retrospectively. (Analysis, Blooms' 4)
Calculates Marginal revenue, marginal cost and maximum profit by using derivatives. (Analysis, Blooms' 4)
Uses integration methods, shows the consumer and producer surplus on the graph and finds its value. (Insight, Blooms' 2)(Analysis, Blooms' 4)