Business Mathematics At University Of Ghana
Business mathematics is designed as a first course in Mathematics for students of business
administration and fulfils two important student needs: (1) a foundation in mathematics and (2)
effective methods of solving mathematical problems in business areas. The course therefore
engages students with the basic principles involved in the topics treated as well as how to apply
the techniques developed in quantitative analysis, accounting, finance, insurance and marketing,
amongst others. The topics to be covered in this course include: solving equations (linear,
nonlinear, and simultaneous), powers and exponents, logarithms, calculus, index numbers, time
value of money, matrix algebra, presentation of data, summary statistics, set theory and
probability. Students are also exposed to the use of the computer in applying Mathematics to
business decision-making.