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MAT1001 Business Mathematics Fundamentals

Semester 1, 2013 External Toowoomba
Units : 1
Faculty or Section : Faculty of Sciences
School or Department : Maths and Computing
Version produced : 21 July 2014

Contents on this page

Staffing

Examiner: Ravinesh Deo
Moderator: Trevor Langlands

Other requisites

Pre-requisite: Current skills at the level of Queensland Senior Secondary School Studies Maths A or equivalent assumed. This course is substantially equivalent to ENG1500 and MAT1000. Students cannot enrol in MAT1001 if they have successfully completed, or are currently enrolled in, either ENG1500 or MAT1000.

Rationale

Students entering tertiary studies in business require basic skills in mathematics and problem solving. This course will provide students with elementary mathematical and analytical skills for tertiary studies in business and accounting.

Synopsis

This course provides a basic foundation for the mathematics encountered in tertiary programs in business and accounting. Topics included are: real numbers, fractions, powers and exponents, basic algebra, functions including linear, quadratic, exponential and logarithmic functions and their graphs, and introductory linear programming including systems of equations and inequalities.

Objectives

On completion of this course students will be able to:

  1. demonstrate a sound understanding of basic mathematical topics that are essential for tertiary studies in business and accounting;
  2. interpret and solve a range of authentic problems involving mathematical concepts relevant to this course;
  3. effectively communicate the mathematical concepts and arguments in this course.

Topics

Description Weighting(%)
1. Mathematical communication and study skills - study strategies, reading and writing mathematics 5.00
2. Arithmetic - real numbers, order of operations, fractions, powers, index laws, radicals, absolute value and units 20.00
3. Algebra - relationships and formulae, rearranging and solving equations, rational expressions, factorisation and simplification 20.00
4. Functions and Graphing - coordinate system, linear equations and graphs, quadratic equations and graphs 15.00
5. Exponential and Logarithmic functions - properties, graphs, solving exponential and logarithmic equations 10.00
6. Systems of linear equations - solving simultaneous equations and inequalities in two variables algebraically and graphically 15.00
7. Linear programming - basic methods and applications to fields of business and accounting 15.00

Text and materials required to be purchased or accessed

ALL textbooks and materials available to be purchased can be sourced from USQ's Online Bookshop (unless otherwise stated). (https://bookshop.usq.edu.au/bookweb/subject.cgi?year=2013&sem=01&subject1=MAT1001)

Please contact us for alternative purchase options from USQ Bookshop. (https://bookshop.usq.edu.au/contact/)

  • Study Book 2013, Course MAT1001 Business Mathematics Fundamental, USQ Distance Education Centre, Toowoomba.
  • Scientific calculator (non-graphical and non-programmable) having options for calculation of simple elementary functions: sinx, cosx, ex, lnx, etc.

Reference materials

Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the course and enrich their learning experience.
  • Any high school mathematics text will be helpful. Any College Algebra or Pre-Calculus text will be helpful.

Student workload requirements

Activity Hours
Assessments 30.00
Private Study 132.00

Assessment details

Description Marks out of Wtg (%) Due Date Notes
ASSIGNMENT 1 20 5 11 Mar 2013
ASSIGNMENT 2 100 15 15 Apr 2013
ASSIGNMENT 3 100 15 27 May 2013
CMA's 100 0 07 Jun 2013
2 HOUR RESTRICTED EXAMINATION 100 65 End S1 (see note 1)

NOTES
  1. Examination dates will be available during the Semester. Students must refer to Examination timetable when published.

Important assessment information

  1. Attendance requirements:
    There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.

  2. Requirements for students to complete each assessment item satisfactorily:
    To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.)

  3. Penalties for late submission of required work:
    If students submit assignments after the due date without (prior) approval of the examiner then a penalty of 5% of the total marks gained by the student for the assignment may apply for each working day late up to ten working days at which time a mark of zero may be recorded. No assignments will be accepted after model answers have been posted.

  4. Requirements for student to be awarded a passing grade in the course:
    To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course.

  5. Method used to combine assessment results to attain final grade:
    The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course.

  6. Examination information:
    A Restricted Examination is an examination where only those materials specified in the examination paper are permitted during the examination. The only materials that candidates may use in the restricted examination for this course are: writing materials (non-electronic and free from material which could give the student an unfair advantage in the examination); scientific calculators (non-graphical and non-programmable); one (1) A4 sheet, written or typed on one or both sides with any material the student wishes to have. Students whose first language is not English, may, take an appropriate unmarked non-electronic translation dictionary (but not technical dictionary) into the examination. Dictionaries with any handwritten notes will not be permitted. Translation dictionaries will be subject to perusal and may be removed from the candidate's possession until appropriate disciplinary action is completed if found to contain material that could give the candidate an unfair advantage.

  7. Examination period when Deferred/Supplementary examinations will be held:
    Any Deferred or Supplementary examinations for this course will be held during the next exam period.

  8. University Student Policies:
    Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at http://policy.usq.edu.au.

Assessment notes

  1. Students will require access to e-mail and web access to UConnect for this course.

  2. The due date for an assignment is the date by which a student must despatch the assignment to the USQ. The onus is on the student to provide proof of the despatch date, if requested by the Examiner. Students must retain a copy of each item submitted for assessment. This must be produced within 24 hours if required by the Examiner. The Examiner may grant an extension of the due date of an assignment in extenuating circumstances.

  3. The Faculty will normally only accept assessments that have been written, typed or printed on paper-based media. The Faculty will NOT accept submission of assignments by facsimile.

  4. The referencing system to be used in this course is supported by the Department. Information on this referencing system and advice on how to use it can be found in the course materials.