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Department of Economics
Course Name:
Applied Mathematics - I
Course Code
& Section No:
Semester:
ST: 9:30 am - 1:00 pm; MW: 2:30 pm - 4:20 pm; Thursday: By Appointment
only
1818
7. Links:
sifat.adiya@northsouth.edu, sifat.adi@gmail.com
Economics
COURSE INFORMATION
Class Time &
Location
Course
Prerequisite(s)
Course Credit
Hours
Course
Description
ECO 101
Study Learning
Outcomes
3:0
The Applied Mathematics I course is designed to help students understand
mathematical theories and principles that may range from basic to
intermediate level of difficulty. Major topics will include building economic
models and interpreting results, graphs of different functions, matrix
algebra, continuity and differentiability of a function, differential calculus
and so on. Along with building the foundation on general mathematical
principles, the course will try to apply the principles in real world scenarios,
particularly relevant to Economics and Business students.
On completion of this course, students should be able to:
Sketch graphs for the following types of functions: linear, quadratic,
cubic, exponential, logarithmic and rational
Have basic understanding of set theory and the real number system
Be able to solve for partial market equilibrium both for linear and
non-linear models
Be able to solve for general market equilibrium two goods market
with complement and substitute goods
Represent a linear system of equations in matrix form
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Find the rank of 2x2 and 3x3 matrices using row echelon
Identify linear independence (non-singularity) using rank of a matrix
Find determinant of 2x2 and 3x3 matrices using La Place expansion
Identify linear independence (non-singularity) using determinant of a
matrix
Solve a linear system of equations using matrix inversion or
Cramers rule
Identify limits of continuous and discontinuous functions
Find derivatives of polynomials and rational functions using power
rule, product rule, quotient rule and chain rule
Evaluate partial derivatives of functions with two or more
independent variables
Find total differentiation and total derivatives for functions with two
or more independent variables
TEACHING STRATEGY
I will aim to finish 1 topic in 3 lectures. The lectures will be completely based on board work that
will be followed up by practice worksheets and assignments. It is up to the student to make the
notes from the board and understand the math done in class. Furthermore, it is expected that
students will be active academically in class, generating questions that will enable discussion and
exchange of ideas. There will be 3 compulsory assignments that each student must submit
individually. In addition, there will be 2 quiz exams taken of which the best score will be
considered for the final mark. To help you better understand the mathematical theories, there will
be practice questions on the more advanced topics. Students are expected to solve these practice
worksheets to be better prepared for the examinations. The tentative syllabus to be followed in
each class is given below:
N
O.
TOPICS
Lecture
REFERENC
E
1.
1, 2
2.
Economic Models
2,3,4,5,6
Chiang Ch 2
3.
6, 7, 8
Chiang Ch 3
9, 10, 11
Chiang Ch 4
12, 13, 14
Chiang Ch 5
Dowling Ch
11
4.
5.
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6.
15, 16, 17
Chiang Ch 6
7.
8.
Chiang Ch 7
Dowling Ch
4
Chiang Ch 8
9.
Review
24
FINAL EXAMINATION
FINAL EXAM WILL BE HELD ON TOPICS 6, 7 & 8
Note: The instructor reserves the right to make changes to the syllabus if necessary.
COURSE EVALUATION
ASSESSMENT STRATEGY
AND
GRADING SCHEME
Grading tool
Assignments
Quiz
Mid Term I
12% ( Among the two quiz marks, only the better score will be
considered for compiling the final mark)
15%
Mid Term II
25%
Final
35%
Class Attendance
3%
The syllabus and question paper pattern for each examination will be mentioned during the class as we
approach nearer to the examination date.
CLASSROOM RULES
OF
CONDUCT
1. You may use your laptops in the class for class related work. Do not use your laptop for nonclass related work or in any manner that will be distracting to other students or the instructor.
2. Use of cell phones in class is not permitted.
3. Academic Integrity Policy:
School of Business does not tolerate academic dishonesty by its students. At minimum,
students must not be involved in cheating, copyright infringement, submitting the same work
in multiple courses, significant collaboration with other individuals outside of sanctioned group
activities, and fabrications.
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Students are advised that violations of the Student Integrity Code will be treated seriously,
with special attention given to repeated offences.
PLEASE REFER TO NSU STUDENT CODE OF CONDUCT
OF-CONDUCT.HTML
AT WWW.NORTHSOUTH.EDU/STUDENT-CODE-
ATTENDANCE POLICY
Students are required and expected to attend all classes and participate in class discussions. If a
student is absent in 25% or more of the classes ( that is misses 6 or more classes out of total 24
classes), then North South University mandates to fail such students, even if such absences have
occurred due to genuine reasons.
APPROPRIATE USE POLICY
All members of the North South University community must use electronic communications in a
responsible manner. The University may restrict the use of its computers and network systems for
electronic communications subject to violations of university policies/codes or local laws or
national laws. Also, the university reserves the right to limit access to its networks through
university-owned or other computers, and to remove or limit access to material posted on
university-owned computers.
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