BUS 210 Business Methods (Fall 2009) 
BUS 210 Business Methods (Fall 2009) A survey of the fundamental quantitative concepts and tools used in the field of business is presented in this course. Topics in the course include present value, compound interest, annuities, amortization, markup and markdown, inventory, depreciation, breakeven analysis, elasticity, graphing, equations, inequalities and certain aspects of linear-programming.
The computational nature of the course naturally lends itself to instruction in a computer-enhanced environment. The various formulations for calculation can be simplified, easily implemented, and best performed in the computer lab. The students learn not only to formulate the problems and run the given model, but also to develop and program their own model to explore new and creative ways to solve the problem.
Students are also encouraged to join the class discussion group set up with Yahoo for lively discussion, collaboration, and exchange of ideas on line. All lecture notes in electronic format, the complete lecture in Excel format, solutions and samples are available at the class discussion group, and these materials can be accessed on line.
6. Course Objective
| a | To enhance the students�� understanding and appreciation of the rigor and reasoning process of quantitative analysis and modeling |
| b | To develop the students�� skill and expertise in using a quantitative approach in analyzing and solving business problems |
| c | To provide the students with an information base of mathematical operations needed to solve practical business problems related to economic, finance and accounting topics |
| d | To develop the students�� skills and expertise in the use of EDP and quantitative software such as Excel and Mathematica as business tool |
Upon completion of the course, the students should be able to:
| a | Read and contrast basic statistical and economic data series, charts and graphs; |
| b | Identify, comprehend and analyze the quantitative nature of the business problems in topics such as depreciation, inventory valuation/estimation, breakeven analysis, financial statements, ratio analysis, simple/compound interest/discount, annuities and amortization; |
| c | Logically and mathematically reason out and formulate computer-based models to solve the problems; |
| d | Present the solutions by using an optimal combination of verbal, graphic and numerical techniques; |
| e | Interpret the business and economic problems and issues at large in quantitative terms, and use computer-based modeling as a major tool in solving these problems; |
Topic 1: Pricing & Purchasing Topic 2: Banking Topic 3: Simple Interest & Discount Topic 4: Compound Interest Topic 5: Amortization Topic 6: Financial Statements Topic 7: Inventory & Overhead Topic 8: Depreciation (Cost Recovery) Topic 9: Stocks & Bonds Topic 10: Taxes & Insurance Extra Topic: Optimal Pricing Technique Extra Topic: Optimal Production Level Extra Topic: Linear Programming & Extra Topic: Production Theory Extra Topic:
Irrational Ratios: 80's Enron, ZZZZ Best
Attendance & Class Participation
Announcements Homework List.
Class Discussion Group.
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