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EC18A: Calculus I for Business and Social Sciences

Lecturer:
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Tutorials:
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Winston Vassell
Room 13
Wednesday 12:00pm -1:00pm, Friday 1:00pm - 3:00pm
Once per week (Attendance compulsory)

(876) 512-3282
winston.vassell@uwimona.edu.jm

 
Course Objective:

To provide an opportunity for students to explore some of the mathematical processes that are required to access the quantitative elements of Economics and Management SciencesTo expose students to concepts and rules of the Differential Calculus that is prerequisites to the optimization process.To introduce students to concepts of the Calculus that are necessary for understanding the Quantitative Methods employed by economists in the decision making process.

 
Assessment:
  • One hour mid-semester examination consisting of (20) multiple choice questions - 20%
Two hours final examination consists of six questions to do any four. - 80%
       PRESENTATION
       Lectures and tutorials including class discussion.
Reading List:
  1. Hoffmann, L. D. Calculus For Business, Economics, and the Social Science, McGraw-Hill Companies, New York, Six Edition, 1996.
  2. Ayres, Frank & Mendelson, Elliott Differential and Integral Calculus, 3rd ed. New York,
    McGraw-Hill, 1990
  3. Varberg, Dale & Purcell, Edwin Calculus, 7th ed. Upper Saddle River, N.J, Prentice-Hall, 1997

FURTHER REFERENCES:

http://www.netsrq.com/nhahn/calculus.html

http://archives.math.vtk.edu/

You may download all the information on this course web site here.(Pdf document)

CALCULUS
1. LIMITS
   § Definition of limits
   § Properties of limits
   § Techniques for finding limits
   § Finding limits of functions (Polynomials, rationales and irrational)

2. CONTINUITY
   § Conditions for continuity
   § Determination of continuity of polynomials, rational and irrational functions.
   § Determination of continuity over an interval
   § Types of discontinuities
   § Point of discontinuity


3. DIFFERENTIATION (REVISION)
Students are expected to know the following concepts listed below in order to apply them in finding derivatives of trigonometric functions and other functions. These concepts will not be tested in any of the examinations.
   § Steps for obtaining a derivative
   § Rules for differentiation:- Polynomial, logarithmic and exponential functions.

4. TRIGONOMETRIC FUNCTIONS
Identities, limit concepts of sine and cosine, derivatives of trigonometric functions (sine, cosine, tangent, cosecant, secant, cotangent using the various rules of differentiation)

5. DIFFERENTIATION OF LOGARITHMIC FUNCTIONS

6. DIFFERENTIATION OF EXPONENTIAL FUNCTIONS

7. INTEGRATION
   § Indefinite integration:-
   § Standard form
   § Methods of Integration: substitution, By Parts; Partial Fractions
   § Definite Integrals:
   § Definition; Properties; Application
   § Integral of trigonometric ratios
   § Double Integrals

8. MULTI-VARIATE CALCULUS
   § Partial differentiation of functions with two variables
   § Determination of relative maximum and minimum of functions with n variables.
   § Determination of relative maximum and minimum of functions with n variables subject to a constraint.
   § Total Differential; Total derivative; Partial total derivative

9. APPLICATION OF PARTIAL DERIVATIVE
   Demand functions:- revenue and profit functions

10. PARTIAL DERIVATIVE OF TRIGONOMETRIC FUNCTIONS

11. TOTAL DIFFERENTIAL OF TRIGONOMETRIC FUNCTIONS

12. TOTAL DERIVATIVE OF TRIGONOMETRIC FUNCTIONS

13. PARTIAL TOTAL DERIVATIVE OF TRIGONOMETRIC FUNCTIONS

14. IMPLICIT DIFFERENTIATION

15. LINEAR HOMOGENEOUS FUNCTIONS

 
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