ISLT179 Business MathematicsIstanbul Okan UniversityDegree Programs International Logistics and TransportationGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
International Logistics and Transportation
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

General course introduction information

Course Code: ISLT179
Course Name: Business Mathematics
Course Semester: Fall
Course Credits:
Theoretical Practical Credit ECTS
4 0 4 8
Language of instruction: TR
Course Requisites:
Does the Course Require Work Experience?: No
Type of course: Compulsory
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator : Assoc. Prof. AYNUR PALA
Course Lecturer(s): Assoc. Prof. AYNUR PALA
Course Assistants:

Course Objective and Content

Course Objectives: This course is designed to provide first-year students with a mathematical foundation to be utilised in economics, business and related areas.
Course Content: Basic algebraic operations, first and second order equations and inequalities; equation and inequality systems; first and second order graphs; concept of function; applications of functions; limits and continuity; differentiation; derivatives; partial derivatives; integration; definite integral.

Learning Outcomes

The students who have succeeded in this course;
Learning Outcomes
1 - Knowledge
Theoretical - Conceptual
1) Apply problem solving to functions of variables, and equation and inequality systems;
2) Apply the concepts of limit, differentiation, and integration in the related areas.
2 - Skills
Cognitive - Practical
1) Use their knowledge of basic mathematical concepts in economics, business, and the related studies;
2) Utilise and interpret algebraic tools such as graphs and tables;
3 - Competences
Communication and Social Competence
Learning Competence
Field Specific Competence
Competence to Work Independently and Take Responsibility

Lesson Plan

Week Subject Related Preparation
1) Introduction and Basic Concepts None
2) Algebraic Expressions, Factoring Reading, Exercises
3) Linear and Quadratic Equations Reading, Exercises
4) Linear and Quadratic Inequalities Reading, Exercises
5) Functions Reading, Exercises
6) Coordinate System and Graphs of Functions Reading, Exercises
7) Graphs of Inequalities Reading, Exercises
8) Systems of Equations and Inequalities Reading, Exercises
9) Limits and Continuity Reading, Exercises
10) Basic Concepts of Derivatives Reading, Exercises
11) Chain Rule, Higher-order Derivatives Reading, Exercises
12) Applications of Derivatives Reading, Exercises
13) Indefinite Integration Reading, Exercises
14) Definite Integration Reading, Exercises

Sources

Course Notes / Textbooks: Barnett, R.A., Ziegler M.R. and Byleen, K.E. (201) Calculus for Business, Economics, Life Sciences, and Social Sciences, 13th ed., London, New York: Pearson Prentice Hall.
References: Barnett, R.A., Ziegler M.R. and Byleen, K.E. (2019) Calculus for Business, Economics, Life Sciences, and Social Sciences, 14th ed., London, New York: Pearson Prentice Hall.

Pearson MyLabsPlus for Mathematics for Business
https://okan-mlpui.openclass.com/home?origin=direct#/tab/active
Some video links to support the teaching and learning process, e.g.:
https://www.khanacademy.org/math

Sosyal Bilimlerde Matematik, Erkan Işığıçok, 2013, Ezgi Kitabevi

Course-Program Learning Outcome Relationship

Learning Outcomes

1

2

3

4

Program Outcomes
1) Discloses basic knowledge of international logistics, including development process, new and determinative concepts, scientific methodology, theory and models of logistics discipline.
2) Uses appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in relevant areas, interpret the results and suggest solutions.
3) Designs a logistics system that will support the business mission and objectives.
4) Identifies uncertainties in the logistics and supply chain processes and takes measures to mitigate risks.
5) Can discover and create entrepreneurial opportunities and experience to successfully build and develop self-employment.
6) Analyzes the complex and rapidly changing conditions, the dynamics of the national / international business world, the relevant international logistics and supply chain environment
7) Can translate and explain the contents of documents written in English related to the field.
8) Communicates in written and spoken English with people of different social backgrounds, has global competence in tracking and interpreting global dynamics in logistics and supply chain fields.
9) Can demonstrate personal, professional, social and work ethic standards, assesses the ethical dimensions of the various applications in relevant fields, and becomes aware of the importance of ethical behavior in the process of collecting value added.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Discloses basic knowledge of international logistics, including development process, new and determinative concepts, scientific methodology, theory and models of logistics discipline.
2) Uses appropriate tools and analytical techniques to collect and analyze quantitative and qualitative data in relevant areas, interpret the results and suggest solutions. 4
3) Designs a logistics system that will support the business mission and objectives. 2
4) Identifies uncertainties in the logistics and supply chain processes and takes measures to mitigate risks. 3
5) Can discover and create entrepreneurial opportunities and experience to successfully build and develop self-employment. 2
6) Analyzes the complex and rapidly changing conditions, the dynamics of the national / international business world, the relevant international logistics and supply chain environment 1
7) Can translate and explain the contents of documents written in English related to the field.
8) Communicates in written and spoken English with people of different social backgrounds, has global competence in tracking and interpreting global dynamics in logistics and supply chain fields. 1
9) Can demonstrate personal, professional, social and work ethic standards, assesses the ethical dimensions of the various applications in relevant fields, and becomes aware of the importance of ethical behavior in the process of collecting value added.

Learning Activity and Teaching Methods

Peer Review
Expression
Individual study and homework
Lesson
Group study and homework
Reading
Homework
Problem Solving
Q&A / Discussion
Web Based Learning

Assessment & Grading Methods and Criteria

Written Exam (Open-ended questions, multiple choice, true-false, matching, fill in the blanks, sequencing)
Homework
Application
Observation

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 5
Homework Assignments 10 % 15
Midterms 2 % 40
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Grading

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 4 56
Study Hours Out of Class 14 5 70
Homework Assignments 13 2 26
Quizzes 5 1 5
Midterms 2 12 24
Final 1 20 20
Total Workload 201