1. NAME OF COURSE  / MODULE Business Mathematics
2. COURSE CODE MDB2023
3. NAME(S) OF ACADEMIC STAFF  
4. RATIONALE FOR THE INCLUSION OF THE COURSE/MODULE IN THE PROGRAMME This course is a foundation of calculation in Muamalat and students will be exposed to the basic mathematical tools in order to illustrate problem-solving through mathematical approach for their understanding in order to prepare them mentally for integrated business students.
5. SEMESTER & YEAR OFFERED Semester 3  / Year 2
6. TOTAL STUDENT LEARNING TIME (SLT) Face to face:

L T P O
28 26 9

L=lecture ; T=Tutorial; P=Practical; O=Others (Exam)

Total Guided and Independent Learning:

115
7. CREDIT VALUE 115/40= 2.875 (3 credit); 2+2
8. PREREQUISITE (IF ANY) NIL
9. OBJECTIVES 1. To familiarize students with the basic elements of mathematical tools in problem solving.

2. To equip students with ample knowledge to solving and interpret problems in application.

10. LEARNING OUTCOMES At the end of the course, learners will be able to:

1. Explain the elements of basic mathematics tools. (LO1:C2,LO2:P2)

2. Apply the knowledge in solving problems in applications. (LO3-CTPS3:C3)

11. TRANSFERABLE SKILLS Student should be able to develop a good understanding of background of business mathematics through a process of lectures, tutorial and group assignment.
12. TEACHING-LEARNING AND ASSESSMENT STRATEGY Teaching-learning strategy:

·The course will be taught through a combination of formal lectures, exercise, group work, using authentic materials, informal activities and various textbooks. Collaborative teamwork will be fosters throughout the course. The use of examination and internal reporting assessment will assess the student’s ability to apply theoretical concept in context.

Assessment strategy:

· Formative
· Summative

13. SYNOPSIS In this course, students will be exposed to the basic mathematical tools in order to illustrate problem-solving through mathematical approach. An emphasis is placed on helping students to formulate, solve and interpret the results of the problems in application. To achieve this, mathematical concepts are introduced with real-life examples to capture student interest.
14. MODE OF DELIVERY Lectures and tutorial (SCL)
15. ASSESSMENT METHODS AND TYPES
Component %
Continous Assessment 50
Final examination 50
Total 100
16. CONTENT OUTLINE OF THE COURSE/MODULE AND SLT PER TOPIC
TOPIC Lecture Tutorial Test/Quiz/Exam Assignment Assessment (Library Search) Self-study Total
Introduction to Business Mathematics 4 2 9 15
Lines, Parabolas and Systems 2 2 2 6
Function and Graphs 4 4 4 12
Differentiation 4 4 4 12
Matrix Algebra 4 4 4 12
Limit and Continuity 4 4 4 12
Derivative of logarithmic 2 2 2 6
Mathematical of Finance 4 4 4 12
Continuous Test/Quiz/Assessment 6 10 16
FINAL 3 9 12
TOTAL 28 26 9 0 19 33 115
17. REFERENCES Main reference:
1. Haeussler, E.F. et.al. 2011 Mathematical Analysis for Business, Economics, and the Life and Social Sciences, 12th ed. Prentice Hall.
Additional references:
1. Abdullah-Yusof, et.al. 2005. Mathematical Analysis For Economics, Business and Accounting. 1st Ed. McGraw Hill
2. Soo T. Tan 2007. Applied Mathematics for the Managerial, Life and Social Sciences, 4th Ed. Thompson
3. Barnett, et.al 2010 College Mathematics for Business, Economics, Life Sciences and Social Sciences, 12th ed. Pearson
4. Haeussler, E. F., Jr. & Paul, R.S. (2005).  Introductory Mathematical Analysis for the Students of Business and Economics, 11th Edition, Prentice Hall.

 

Mapping of the course/module to the Programme Learning Outcomes

TOPIC

Contact hours (week)

Lesson Learning Outcome (Students are able to…) CLO KI Teaching & Learning Activities Assessment Tasks
Introduction to Business Mathematics

Revision on algebra

6 1.   Islam and mathematics; scholars and their contribution.

2.   To model situations described by linear or quadratic equations.

3.   To solve linear inequalities in one variable and to introduce interval notation.

4.   To model real-life situations in terms of inequalities.

5.   To solve equations and inequalities involving absolute values.

LO2

LO3

C2

CTPS3

o Lecture

o Tutorial Activity – exercises

Feedback on tutorial activity
Lines, Parabolas and Systems

·   Lines

·   Application and linear function

·   Quadratic Functions

·    Systems Linear Equations

 

4

1.   To develop the notion of slope and different forms of equations of lines.

2.   To develop the notion of demand and supply curves and to introduce linear functions.

3.   To sketch parabolas arising from quadratic functions.

4.   To solve systems of linear equations in both two and three variables by using the technique of elimination by addition or by substitution.

5.   Application of System Equation

LO2

LO3

P2

CTPS3

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Function and Graphs

·  Function

·  Special Function

·  Inverse Function

·  Curve sketching application

8 1.   To introduce different types of functions.

2.   To introduce addition, subtraction, multiplication, division, and multiplication by a constant.

3.   To introduce inverse functions and properties.

4.   To graph equations and functions.

5.   To find critical values, to locate relative maxima and relative minima of a curve

LO2

LO3

P2

CTPS3

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Differentiation 8 1.   To compute derivatives by using the limit definition.

2.   To develop basic differentiation rules.

3.   To interpret the derivative as an instantaneous rate of change.

4.   To apply the product and quotient rules.

LO1

LO3

C4

CTPS3

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Matrix Algebra

· Introduction

· Additional

8 1.   To explain the concept of a matrix.

2.   To explain the special types of matrices.

3.   To explain the matrix reduction to solve a linear system and inverse matrix.

LO3

LO1

CTPS3

C3

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Limit and Continuity 8 1.   To study limits and their basic properties.

2.   To study one-sided limits, infinite limits, and limits at infinity.

3.   To study continuity and to find points of discontinuity for a function.

4.   To develop techniques for solving nonlinear inequalities.

LO3

LO2

CTPS3

P2

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Derivative of logarithmic 4 1.   To introduce exponential functions and their applications.

2.   To introduce logarithmic functions and their graphs.

3.   To study the basic properties of logarithmic functions.

4.   To develop techniques for solving logarithmic and exponential equations.

LO3

LO1

CTPS3

C3

o Lecture

o Tutorial activity – exercises

Feedback on tutorial activity
Mathematical of Finance 8 1.   To solve problems involving the time value of money.

2.   To solve problems with interest is compounded continuously.

3.   To introduce the notions of ordinary annuities and annuities due.

4.   To learn how to amortize a loan and set up an amortization schedule.

5.   To discuss the concept of time value of money in Islamic Finance.

LO3

LO1

CTPS3

C3

o Group active reading

o Tutorial activity – exercises

Feedback on tutorial activity