Mathematics
Mathematics is the tool that scientists in all disciplines use to quantify phenomena and analyze and describe behaviour in complex systems. In the social scientific spheres of commerce, economics, psychology and sociology (to mention but a few) mathematics is playing an increasingly indispensable role. From the application of modern chaos theory to the behaviour of stock markets, to the use of linear systems in resource allocation, to the input-output analyses of a macro economy, or the statistical analyses of trends or population growth, mathematics is a common thread. Familiarity with mathematical methods and thinking is essential to the modern approach in all these diverse fields.
Calculus II
(MAT-203)
201-203-MS (3-2-3) 2.66 credits
Prerequisite: MAT-103
This course rests directly upon the theory and technique of Calculus I and, after completing the college study of the Differential Calculus, introduces the Integral Calculus. The central problem in Calculus II is the area problem. The solution of the area problem has surprising and wide reaching applications in all the economic, commercial and physical sciences. Concrete applications in Commerce/Economics include consumer and producer surplus, future and present value of annuities and income streams.
