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Mathematics For Economics and Business I - IPIEF FEB UMY

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SYLLABUS

FACULTY ECONOMIC AND BUSINESS

INTERNATIONAL PROGRAM FOR ISLAMIC ECONOMICS AND FINANCE (IPIEF)

1 Name of Course / Module Mathematics I

2 Course Code EI6407

3 Credit Value 3

4 Objective

This course is designed to help students understand how the basic concepts and techniques in Mathematics are applied in Economics.

5 Learning Outcomes

1. Students are able to understand and overbear basic concepts and techniques of mathematics and apply them in economics contexts.

2. Students are trained to be discipline, active, honest, and independent.

6 Synopsis

Mathematics I discusses how basic concepts and techniques of mathematics, such as graph, equation, function, calculus, and matrix, are applied in economics area.

7 References Main Reference: Dowling, Schaum’s Outlines:

Introduction to Mathematical Economics, 3rd edition.

8 Lecturer Romi Bhakti Hartarto, SE., M.Ec

9 Correspondence

Lecturer Room, E4 Building 2nd Floor E-mail: [email protected] WA: 085329625100

10 Consultation time By appointment

11 Academic Evaluation

Test Competency I (25%), and II (25%), Online Quiz I (20%), Online Quiz II (20%)

Attendance (10%) Total 100%

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COURSE OUTLINE

Meeting Course Material Material Readings

1 Introduction: Study Plan

2 Review Dowling, ch. 1

3 Economic application of graphs & equations Dowling, ch. 2 4 Exponential & logarithmic function Dowling, ch. 7 5 Online Quiz #1

6 Exponential & logarithmic function in economics Dowling, ch. 8 7 Differentiation of exponential & logarithmic function Dowling, ch. 9

8 Application in economics Dowling, ch. 9

9 Derivative and differentiation rule Dowling, ch. 3 10 Mid Term Exam

11 Use of the derivative in mathematics Dowling, ch. 4 12 Use of the derivative in economics Dowling, ch. 4 13 Calculus of multivariable functions Dowling, ch. 5 14 Calculus of multivariable functions in economics Dowling, ch. 6 15 Online Quiz #2

16 Fundamentals of matrix algebra Dowling, ch. 10

17 Matrix conversion Dowling, ch. 11

18 Final Exam

Rules of class meeting:

1. Attendance point is measured from the percentage of students’ attendance during 18 meetings. If students cannot attend without any formal letter, they are regarded as absent.

The formal letter could be a letter from doctor asserting that the students are sick, obituary of core families, or a letter of statement asserting that the students are representing a campus for competition or participating as a committee in a campus event.

Any specific reason other than what mentioned above is not tolerated. This point of assessment is expected to make students more active.

2. Late attendance is not favourable. If students come late to the class more than 30 minutes, then the door will be locked and considered absent.

3. Online quiz contains multiple choice by 20 questions.

4. Mid-term exam and final exam composes of problem questions which are undertaken in limited time and closed book. There is no extra test, unless formal letter is attached. This point of assessment is expected to nurture integrity and independency of the students.

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5. Plagiarism and any kind of cheating during the test is strictly prohibited. If proven, you will fail on this subject immediately and get ‘E’ in your transcript.

6. During the test, students are allowed to use scientific calculator. Borrowing calculator during the exam is strictly prohibited.

7. No remedial exam.

8. Grading System

Grading and Weight Interval (%)

A A≥80

AB 75≤AB<80

B 65≤B<75

BC 60≤BC<65

C 50≤C<60

D 35≤D<50

E <35

Referensi

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