MATH 103 Mathematics for Social Sciences IMEF UniversityDegree Programs Business AdministrationGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Business Administration
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

ECTS Course Information Package

School/Faculty/Institute Faculty of Economics, Administrative and Social Sciences
Course Code MATH 103
Course Title in English Mathematics for Social Sciences I
Course Title in Turkish Sosyal Bilimler için Matematik I
Language of Instruction EN
Type of Course Lecture
Level of Course Introductory
Semester Fall
Contact Hours per Week
Lecture: 3 Recitation: 0 Lab: 0 Other: 0
Estimated Student Workload 152 hours per semester
Number of Credits 6 ECTS
Grading Mode Standard Letter Grade
Pre-requisites None
Co-requisites None
Expected Prior Knowledge None
Registration Restrictions Only undergraduate students
Overall Educational Objective To learn the mathematical subjects that are necessary for business education
Course Description This course covers fundamental topics in mathematics for higher level business administration courses.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) comprehend the following mathematical subjects that are widely used in business applications: banking, statistics, discounts, credits, mortgage, depreciation, inventory optimization, taxes and financial statements
2) interpret the problems for business applications and find the best mathematical ways to solve them
3) apply differentiation rules to compute derivatives of common classes of functions;
4) interpret the economic optimization problems and find the best mathematical ways to solve them;
5) relate the mathematical concepts with possible economical and business applications that will help to evaluate real and business life issues and giving managerial decisions
Program Learning Outcomes/Course Learning Outcomes 1 2 3 4 5
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability
5) Demonstrates individual and professional ethical behavior and social responsibility
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting
9) Displays computer proficiency to support problem solving and decision-making
10) Demonstrates teamwork, leadership, and entrepreneurial skills
11) Displays learning skills necessary for further study with a high degree of autonomy

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences S Participation
2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors S Participation
3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects S Participation
4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability H Exam
5) Demonstrates individual and professional ethical behavior and social responsibility S Participation
6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues N
7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions N
8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting H Exam
9) Displays computer proficiency to support problem solving and decision-making H Participation
10) Demonstrates teamwork, leadership, and entrepreneurial skills S Participation
11) Displays learning skills necessary for further study with a high degree of autonomy S Participation
Prepared by and Date , December 2023
Course Coordinator CEYHAN MUTLU
Semester Fall
Name of Instructor

Course Contents

Week Subject
1) Introductory Topics: Integers, Fractions, Decimals
2) Banking
3) Equations, Percentages
4) Business Statistics
4) Business Statistics
5) Trades and Cash discounts, Markup and Markdown
6) Mid-term Exam 1
7) Payroll, Simple Interest and Simple Discount
8) Payroll, Simple Interest and Simple Discount
9) Consumer Credit, Compound Interest, Future and Present Value
10) Annuities, Sinking Funds, Build Wealth
11) Mid-term Exam 2
12) Mortgage, Depreciation
13) Inventory, Insurance
14) Taxes, Financial Statements
15) Final Examination Period
16) Final Examination Period
Required/Recommended ReadingsBusiness Mathematics, 12th Edition- Global Edition by Cherly Cleaves, Margie Hobbs, Jeffrey Noble, Published by Pearson.
Teaching MethodsFlipped Learning
Homework and ProjectsBefore lecture, during lecture and after lecture
Laboratory WorkNone
Computer UsePersonal notebook
Other ActivitiesNone
Assessment Methods
Assessment Tools Count Weight
Attendance 1 % 10
Midterm(s) 2 % 40
Final Examination 1 % 50
TOTAL % 100
Course Administration cokpekino@mef.edu.tr

This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. According to MEF University regulations, officially excused absences from exams and assessments must be submitted to the faculty within 3 business days after the exam via the following link: https://www.cognitoforms.com/MEFUniversity/MazeretBildirimFormu. If you have any questions, please contact our faculty secretary, Selin Taşçı. Academic integrity: All students of MEF University are expected to be honest and comply with academic integrity. Students are expected to do their own work and neither give nor receive unauthorized assistance. Disciplinary procedures are carried out in accordance with Article 54 of the Higher Education Law No. 2547. IMPORTANT: As stated in the "Attendance to Courses and Practices (Article 24)" section of the MEF University Undergraduate Rules and Regulations, students are required to attend at least 70% of the courses and participate in all exams and other activities determined by the course instructor, in accordance with the principles set by the Council of Higher Education. Within the framework of MEF University's Artificial Intelligence Policy, it is aimed to integrate artificial intelligence into educational processes and promote its ethical use.

ECTS Student Workload Estimation

Activity No/Weeks Hours Calculation
No/Weeks per Semester Preparing for the Activity Spent in the Activity Itself Completing the Activity Requirements
Course Hours 14 2 3 2 98
Midterm(s) 2 12 2 28
Final Examination 1 24 2 26
Total Workload 152
Total Workload/25 6.1
ECTS 6