Math for Business and Economics

Math 1324.003 46810 RRC 1220 TTh 9:00am- 10:20am

Spring 2012

Instructor: Valleri Bond Email: vbond@austincc.edu Website: http://go.austincc.edu/vbond

Office: RRC 2308.05

Phone: 223-0200

Office Hours: M 11:00-12:50, T 8:00-8:50, T 12:40 2:10, Th 8:00-8:50, Hours may be available by appointment

Textbook/Course Content: The required textbook for this course is: Finite Mathematics, by Barnett, Ziegler, and Byleen 12th ed. (Prentice-Hall) ISBN 321614011, Text including MyMath Lab ISBN 321709039 My Math Lab Course ID: acc55167 Other materials include: Scientific Calculator that handles exponents, logarithms and simple probability and statistics. Most ACC faculty are familiar with the TI family of graphing calculators. Hence, TI calculators are highly recommended for student use. Other calculator brands can also be used. .

Syllabus
This syllabus is tentative in that it is subject to revision at any time; all errata and addenda to this tentative syllabus will be notified during the lecture and in writing in an expedient manner.

Course Description
MATH 1324 MATHEMATICS FOR BUSINESS AND ECONOMICS (3-3-0) A course in finite mathematics for business students including sets, basic algebraic properties, linear equations and inequalities, functions and graphs, the exponential and logarithmic functions, the mathematics of finance, systems of linear equations and matrices, linear inequalities and linear programming, the simplex method, and an introduction to probability. Prerequisites: MATD 0390 or satisfactory score on the ACC Assessment Test. Credit can be earned for only one of MATH 1324 or BUA 2103. (MTH 1643)

Technology
All students will be required to use Blackboard and all communication must be through your official ACC gmail account.

Classroom Behavior

Attendance is expected and will be recorded. Students who miss 8 classes or more may be dropped from the class although this is not a commitment to do this for the student. Due to the number of absences allowed, there are no excused absences. After the withdrawal date, neither the student nor the instructor may initiate a withdrawal. It is the students responsibility to initiate withdrawals in this course, with the exception listed above. The last day to withdraw is Monday, April 23, 2012. Classroom behavior should support and enhance learning. Behavior that disrupts the learning process will be dealt with appropriately, which may include having the student leave class for the rest of that day. In serious cases, disruptive behavior may lead to a student being withdrawn from the class. ACC's policy on student discipline can be found in the Student Handbook or on the web at http://www.austincc.edu/handbook/ Please remain for the entire class period. If you anticipate leaving early, please sit near the door to cause as little interruption to your fellow students as possible. Please be in class on time. You may be counted as absent if you are late. If you have a phone or pager that goes off audibly during class there will be a deduction of 5 points from your next exam score for each occurrence. Audio and/or video entertainment devices are not appropriate and are never

allowed to be used in the classroom. You may not have a laptop computer open during class unless you are taking your math notes with the computer. You may not wear earphones or listen to music during exams. You may not record lectures without permission. ACC main campuses have Learning Labs which offer free first-come, first-serve tutoring in mathematics courses. The locations, contact information and hours of availability of the Learning Labs are posted at: http://www.austincc.edu/tutor Following are the hours currently posted at this site. Cypress Creek Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: 10am- 5pm Sunday: 12pm - 6pm Northridge Campus Monday - Thursday: 8:30am - 8:30pm Friday: 9am - 3pm Saturday: 10am- 5pm Sunday: 12pm - 6pm Rio Grande Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: Closed Sunday: Closed Round Rock Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: Closed Sunday: Closed Eastview Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: 10am- 5pm Sunday: 12pm - 6pm Pinnacle Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: Closed Sunday: Closed Riverside Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: 10am- 5pm Sunday: 12pm - 6pm South Austin Campus Monday - Thursday: 8am - 8pm Friday: 9am - 3pm Saturday: 10am- 5pm Sunday: 12pm - 6pm

Grading Components

Quizzes and Exams Quizzes: Quizzes, both announced and unannounced, are likely to occur on any class day for which a test is not scheduled. In the event that we have more than 10 quizzes and homework grades combined then I will only take the top 10 scores from theses combined scores. Homework: Students will be required to keep a systematic homework notebook with the homework problems worked completely which may be asked for at any time. Late Work: Late work will not be accepted. Make-up Quiz and Exam Policy: If you must miss an exam or quiz due to an ACC requirement then you will be allowed to make up the exam after providing documentation supporting your absence. Should you miss an exam for any reason other than an ACC obligation then your final exam will carry a higher percentage weight. For example if you miss exam 2 which is worth 20% then your final will be worth 40% instead of the regular 20%. This substitution may only be applied once. Exams may be taken early if you know you will have to miss an exam date, but they may not be made up. Quizzes may not be made up. The final exam will be cumulative.

Class Participation: Students are expected to answer questions and participate in classroom discussions. Students may occasionally be expected, as appropriate, to go to the board to work problems. Concerning Final Letter Grades The final grades will be determined according to the following: Exams 1-3 20% each Homework/Quizzes 20%

Final Exam 20%

Letter grades will be assigned pursuant to the University grade system: A excellent work (90-100%) B good [above average] work (80-89%) C fair [average] work(70-79%) D passing [below average] work(60-69%) F failure; given when a student (1) has failed the course (<60%) while still officially enrolled at the end of the semester; (2) stops attending class without processing an official drop or withdrawal. Incomplete Grade Policy: An incomplete grade (I) will be given only in very rare circumstances. Generally, to receive a grade of "I", a student must have taken all examinations, be passing, and after the last date to withdraw, have a personal tragedy occur which prevents course completion.

Official Information
INSTRUCTIONAL METHODOLOGY: This course is taught in the classroom primarily as a lecture/discussion course. COURSE RATIONALE This course is required in certain degree plans, such as Accounting, Computer Information Systems and Economics. For some students, this is the first half of a two-semester finite mathematics/business calculus sequence. This is also a preparation course prior to taking two semesters of business calculus, although the preferred preparation for two semesters of business calculus is MATH 1314. Finally, some students take this course as a general mathematics elective. NOTE TO STUDENTS A steady pace must be maintained throughout the semester in order to complete all required topics in a thorough manner. Students experiencing a great deal of difficulty in Sections 1.2and 2.1 through 2.3 should review (on their own) Appendices A or should consider taking MATD 0390 (Intermediate Algebra) before returning to this course. Students who discover difficulty during the first class of the semester should consider changing their registration during late registration to MATD 0390. Students who remain in the course but need additional assistance should consider registering for the supplemental lab course (MATH 0161). Students also have access to walk-in tutoring at the Learning Lab. Learning objectives: Mathematics for Business and Economics has five main mathematical topics: functions, matrices, linear programming, probability and statistics. The objectives of the course are for students not only to know the mathematics of these concepts, but also to be able to apply the concepts to analyze and interpret information in business and financial application problems. 1. Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply the knowledge of functions to business applications such as simple, compound or continuous compound interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions, and finding break even points. 2. Perform basic operations with matrices, and use matrix methods to solve systems of linear equations. Apply the knowledge of matrices to business problems such as inventory, production, and total cost. 3. Use geometric method to solve linear programming problems. Interpret information as an objective function with constraints, set up the linear programming problem, solve the problem and interpret the result in the context of the problem. 4. Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the mathematical knowledge of probability to business problems and interpret the results. 5. Calculate measures of central tendency and measures of dispersion. Apply the mathematical skills to problems in various business settings and interpret the results.

Attendance/Class Participation Regular and punctual class and laboratory attendance is expected of all students. If attendance or compliance with other course policies is unsatisfactory, the instructor may withdraw students from the class. Withdrawal Policy It is the responsibility of each student to ensure that his or her name is removed from the roll should he or she decide to withdraw from the class. The instructor does, however, reserve the right to drop a student should he or she feel it is necessary. If a student decides to withdraw, he or she should also verify that the withdrawal is

submitted before the Final Withdrawal Date. The student is also strongly encouraged to retain their copy of the withdrawal form for their records. Students who enroll for the third or subsequent time in a course taken since Fall, 2002, may be charged a higher tuition rate, for that course. State law permits students to withdraw from no more than six courses during their entire undergraduate career at Texas public colleges or universities. With certain exceptions, all course withdrawals automatically count towards this limit. Details regarding this policy can be found in the ACC college catalog. Incompletes An instructor may award a grade of I (Incomplete) if a student was unable to complete all of the objectives for the passing grade in a course. An incomplete grade cannot be carried beyond the established date in the following semester. The completion date is determined by the instructor but may not be later than the final deadline for withdrawal in the subsequent semester. Course-Specific Support Services Sometimes sections of MATH 0163(1-0-2) are offered. The lab is designed for students currently registered in Business Calculus and Applications I, MATH 1425. It offers individualized and group setting to provide additional practice and explanation. This course is not for college-level credit. Repeatable up to two credit hours. Students should check the course schedule for possible offerings of the lab class. Statement on Students with Disabilities Each ACC campus offers support services for students with documented disabilities. Students with disabilities who need classroom, academic or other accommodations must request them through the Office for Students with Disabilities (OSD). Students are encouraged to request accommodations when they register for courses or at least three weeks before the start of the semester, otherwise the provision of accommodations may be delayed. Students who have received approval for accommodations from OSD for this course must provide the instructor with the Notice of Approved Accommodations from OSD before accommodations will be provided. Arrangements for academic accommodations can only be made after the instructor receives the Notice of Approved Accommodations from the student. Students with approved accommodations are encouraged to submit the Notice of Approved Accommodations to the instructor at the beginning of the semester because a reasonable amount of time may be needed to prepare and arrange for the accommodations. Additional information about the Office for Students with Disabilities is available at http://www.austincc.edu/support/osd/ Statement on Scholastic Dishonesty A student attending ACC assumes responsibility for conduct compatible with the mission of the college as an educational institution. Students have the responsibility to submit coursework that is the result of their own thought, research, or self-expression. Students must follow all instructions given by faculty or designated college representatives when taking examinations, placement assessments, tests, quizzes, and evaluations. Actions constituting scholastic dishonesty include, but are not limited to, plagiarism, cheating, fabrication, collusion, and falsifying documents. Penalties for scholastic dishonesty will depend upon the nature of the violation and may range from lowering a grade on one assignment to an F in the course and/or expulsion from the college. See the Student Standards of Conduct and Disciplinary Process and other policies at http://www.austincc.edu/current/needtoknow Statement on Scholastic Dishonesty Penalty Students who violate the rules concerning scholastic dishonesty will be assessed an academic penalty that the instructor determines is in keeping with the seriousness of the offense. This academic penalty may range from a grade penalty on the particular assignment to an overall grade penalty in the course, including possibly an F in the course. ACC's policy can be found in the Student Handbook under Policies and Procedures or on the web at: http://www.austincc.edu/handbook Statement on Student Discipline Classroom behavior should support and enhance learning. Behavior that disrupts the learning process will be dealt with appropriately, which may include having the student leave class for the rest of that day. In serious cases, disruptive behavior may lead to a student being withdrawn from the class. ACC's policy on student discipline can be found in the Student Handbook under Policies and Procedures or on the web at: http://www.austincc.edu/handbook

Statement on Academic Freedom Institutions of higher education are conducted for the common good. The common good depends upon a search for truth and upon free expression. In this course the professor and students shall strive to protect free inquiry and the open exchange of facts, ideas, and opinions. Students are free to take exception to views offered in this course and to reserve judgment about debatable issues. Grades will not be affected by personal views. With this freedom comes the responsibility of civility and a respect for a diversity of ideas and opinions. This means that students must take turns speaking, listen to others speak without interruption, and refrain from name-calling or other personal attacks. Student Rights and Responsibilities Students at the college have the rights accorded by the U.S. Constitution to freedom of speech, peaceful assembly, petition, and association. These rights carry with them the responsibility to accord the same rights to others in the college community and not to interfere with or disrupt the educational process. Opportunity for students to examine and question pertinent data and assumptions of a given discipline, guided by the evidence of scholarly research, is appropriate in a learning environment. This concept is accompanied by an equally demanding concept of responsibility on the part of the student. As willing partners in learning, students must comply with college rules and procedures. Safety Statement Austin Community College is committed to providing a safe and healthy environment for study and work. You are expected to learn and comply with ACC environmental, health and safety procedures and agree to follow ACC safety policies. Additional information on these can be found at http://www.austincc.edu/ehs. Because some health and safety circumstances are beyond our control, we ask that you become familiar with the Emergency Procedures poster and Campus Safety Plan map in each classroom. Additional information about emergency procedures and how to sign up for ACC Emergency Alerts to be notified in the event of a serious emergency can be found at http://www.austincc.edu/emergency/. Please note, you are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be dismissed from the days activity, may be withdrawn from the class, and/or barred from attending future activities. You are expected to conduct yourself professionally with respect and courtesy to all. Anyone who thoughtlessly or intentionally jeopardizes the health or safety of another individual will be immediately dismissed from the days activity, may be withdrawn from the class, and/or barred from attending future activities. Use of ACC email All College e-mail communication to students will be sent solely to the students ACCmail account, with the expectation that such communications will be read in a timely fashion. ACC will send important information and will notify you of any college related emergencies using this account. Students should only expect to receive email communication from their instructor using this account. Likewise, students should use their ACCmail account when communicating with instructors and staff. Instructions for activating an ACCmail account can be found at http://www.austincc.edu/accmail/index.php. Testing Center Policy Under certain circumstances, an instructor may have students take an examination in a testing center. Students using the Academic Testing Center must govern themselves according to the Student Guide for Use of ACC Testing Centers and should read the entire guide before going to take the exam. To request an exam, one must have: ACC Photo ID Course Abbreviation (e.g., ENGL) Course Number (e.g.,1301) Course Synonym (e.g., 10123) Course Section (e.g., 005) Instructor's Name Do NOT bring cell phones to the Testing Center. Having your cell phone in the testing room, regardless of whether it is on or off, will revoke your testing privileges for the remainder of the semester. ACC Testing Center policies can be found at http://www.austincc.edu/testctr/

Student And Instructional Services ACC strives to provide exemplary support to its students and offers a broad variety of opportunities and services. Information on these services and support systems is available at: http://www.austincc.edu/s4/ Links to many student services and other information can be found at: http://www.austincc.edu/current/ ACC Learning Labs provide free tutoring services to all ACC students currently enrolled in the course to be tutored. The tutor schedule for each Learning Lab may be found at: http://www.autincc.edu/tutor/students/tutoring.php For help setting up your ACCeID, ACC Gmail, or ACC Blackboard, see a Learning Lab Technician at any ACC Learning Lab.

Calendar
Sun Mon Tuesday 1/17 Intro, 1.2 1/24 2.2 1/31 2.4 2/7 2.6 2/14 Exam 1 2/21 3.3 2/28 4.1, 4.2 3/6 4.4 3/13 Spring Break 3/20 Exam2 3/27 4.7 4/3 5.2, 5.3 4/10 7.3 4/17 Exam 3 4/24 8.3, 8.5 5/1 11.4 5/8 Review Wed 1/18 1/25 2/1 2/8 2/15 2/22 2/29 3/7 3/14 3/21 3/28 4/4 4/11 4/18 4/25 5/2 5/9 Thursday 1/19 2.1 1/26 2.3 2/2 2.5 2/9 Review 2/16 3.1, 3.2 2/23 3.4 3/1 4.3 3/8 Review 3/15 Spring Break 3/22 4.5, 4.6 3/29 5.1 4/5 6.1 4/12 Review 4/19 8.1, 8.2 4/26 11.2, 11.3 5/3 11.5 5/10 Final Exam Fri 1/20 1/27 2/3 2/10 2/17 2/24 3/2 3/9 3/16 3/23 3/30 4/6 4/13 4/20 4/27 5/4 5/11 Sat 1/21 1/28 2/4 2/11 2/18 2/25 3/3 3/10 3/17 3/24 3/31 4/7 4/14 4/21 4/28 5/5 5/12

1/22 1/29 2/5 2/12 2/19 2/26 3/4 3/11 3/18 3/25 4/1 4/8 4/15 4/22 4/29 5/6

1/23 1/30 2/6 2/13 2/20 2/27 3/5 3/12 3/19 3/26 4/2 4/9 4/16 4/23 4/30 5/7

Please note: schedule changes may occur during the semester. Any changes will be announced in class. It is your responsibility to find out about any schedule changes by attending class.