Instructor: Dr. Jafar Alavi, Professor of Economics
Office: Room 340 Sam Wilson Hall
Tel: 423-439-4455
E-mail:
Fax.: 423-439-8583 drjalavi@etsu.edu
(Please use this email only to contact me.)
Prerequisite: Math 1530 (Probability and Statistics) or equivalent.
I. Objective and Brief Description:
The objective of this course is to acquaint the business students with the terms and quantitative methods used to describe business and economic data. This course will provide the necessary tools needed by our students to further study in the business related fields.
This is the first course in a two-course sequence, which places emphasis on the quantitative and statistical methods for the analysis of business and economic data. The course is divided into three sections. The first section concentrates on review of algebra and some simple linear models. The second section deals with functions, where we discuss among the topics, special functions such as Quadratic and Polynominal functions. We will also have a brief introduction of calculus, where we discuss limits, derivatives and derivatives rules.
Learning Outcomes:
Upon the completion of this course (Econ 2070: Quantitative Methods for Business I), students should be:

Able to understand basic mathematical concepts such as exponents, roots, factoring, solving equations, and solving inequalities.

Able to apply mathematical and algebraic concepts such as linear and quadratic functions to business and economic problems.

Able to apply the Gauss-Jordan method to solve linear systems of business and economic problems such as investments and scheduling.

Able to apply simple calculus concepts such as limits and derivatives to business and economic problems.

Able to translate real-life business problems to appropriate mathematical formats for analysis and problem solving.

Able to understand optimization problems (i.e., maximization, or minimization) as it applies to revenue, cost, and profit and other economic concepts.

I. Lecture DVDs
Links to the “Lecture Videos”, “Video Exercises”, and “Chapter Review Videos” for this course are provided on D2L under “content”. Please review each module and related exercises before attempting the homework or the exams (Please note the revised
PowerPoint slides which replaces the slides presented at the beginning of each module on the lecture DVDs). The lectures cover the related topics in each chapter and section of the textbook. Go to : http://elearning.etsu.edu/alavi/default.htm
II. Required Textbook:
Tan, Applied Mathematics for The Managerial, Life, and Social Sciences, 5th ed. Thomson
Brooks/Cole, Cengage, 2010. ISBN: 978-0-495-56002-9

Students have several options:
Option #1: Purchase the custom package of the book w/ Enhanced Web Assign access from the bookstore.
Option #2: Purchase the Enhanced Web Assign code w/ eBook option from the bookstore.
Option # 3: Purchase the Enhanced Web Assign code w/ eBook option direct from website: www.Webassign.com. ISBN: 0-538-73810-3. The cost is $75 + Tax.
III. To Enroll into Webassign (You need this to take your quizzes):
Log into: http://www.webassign.net/ >> Click on I Have a Class Key >> Enter class key: etsu …. …. >> Submit
I will use webassign for assignments. You will have a few days to finish the homework from each section.
Don’t wait until the last minutes to do the assignments; start early so there is time to have your questions answered.

IV. Need Help?
Once you log into webassign go to ebook, and you can find “Media Library.” This will include exercises from each section with complete solutions and explanation. I also have the complete solution to the odd numbered exercises on D2L.
If you need additional help with any of the questions on the quizzes, you will see different “keys” you can click on to get help. They are labeled “ Read it”, “Watch it”, and “Master it.” These can take you step by step through similar problems.
V. Quizzes:
All quizzes for this class are on http://www.webassign.net/ Please pay attention to their due dates and submit them before the deadline. Each set of quizzes include separate quizzes from each sections of the book (see tentative syllabus). Your grade on these quizzes will be your final grade. Note: The deadlines for all homework assignments are the midnight of the date stated on the webassign.
VI. Grading:
The tentative breakdown for final grades is as follows:
A
A-
92 – 100
90 – 91.9
B+ 88 – 89.9
C+
C
C-
78 – 79.9
72 – 77.9
70 – 71.9
D+ 68 – 69.9
D 60 – 67.9
F Below 60
B 82 – 87.9
B- 80-81.9
VI. Course Policies: a.
Your final grade will be the average of your grades on the quizzes on webassign.
There are no other ways of earning or improving your grade. b.
Academic misconduct will not be tolerated. Incidents of alleged plagiarism or cheating will be prosecuted in accordance with applicable College of Business and
University Policies. c.
The grade of “incomplete” is given only when a student is unable to complete the course for nonacademic reasons. The grade of “incomplete” will not be assigned to improve your grade. d.
Make sure that you check your university assigned e-mail and the D2L for any announcements, assignments, your progress in the course, and other relevant information. In addition, if you contact me by e-mail, please include the course
and section number in the subject area.

TENTATIVE SYLLABUS
1.1 (Read on your own),
1.2, 1.3, 1.4, 1.5, 1.6,
1.7, 1.8, and 1.9
Polynomials, factoring,
Rational expressions,
Integral Exponents and
Rational Exponents
Equations, Inequalities and Absolute value.
Textbook Chapter
[Exercises]
2.1, 2.2, 2.3, 2.4,
Cartesian Coordinates,
Lines . Functions,
Lecture Module and
Exercises on D2L(Use internet Explorer to open the videos.)
Lecture Videos:
Module 1 (Sec. 1.5, and 1.7)
Module 2 (Sec. 1.2, 1.3, and
1.4) Module 3 (Sec. 1.6, 1.8, and 1.9)
Module 4 (Sec. 1.9)
Module 5 (Sec. 1.2)
Video Exercises:
Exercises 1.2, 1.3, 1.4, 1.5, and 1.7. Exercise 1.6, 1.8, 1.9
Quizzes and their deadlines
Quiz set I
Quizzes from sections 1.1-1.5 will all be due on at 11:59 PM on Sunday …..
Quiz set II
Quizzes from sections 1.6-1.9 will all be due at 11:59 PM on
Sunday …..
Lecture Videos:
Module 6 (Sec. 2.1, and 2.2)
Module 9 (Sec. 2.3, and 2.4)
Video Exercises:
, 2.1, and 2.2, Exercise 2.3,
2.4
Quiz set III
Quizzes for sections 2.1-2.4 will all be due at 11:59 p.m. on Sunday, …..
2.5, 2.6, and 2.7, Linear, and quadratic functions and Mathematical models.
5.1, System of Linear
Equations
And
9.3, 9.4, and 9.5
Limits, Rate of Change
The Derivatives
Derivatives/Rules
Products and quotient
Lecture Videos:
Module 7 (Sec. 2.5)
Module 10 (Sec. 2.6, and 2.7)
Module 8 (Sec. 5.1)
Module 12 (Sec. 9.3)
Module 13 (Sec. 9.3, and 9.4)
Module 14 (Sec. 9.4)
Module 15 (Sec. 9.5)
Video Exercises:
2.5, 2.6, 2.7, 5.1
Exercise 9.3, 9.4, and 9.5
Quiz set IV
Quizzes from sections 2.5-2.7, and 5.1 will all be due on at
11:59 PM on Sunday …..
Quiz set V
Quizzes from sections 9.3-9.5 will all be due at 11:59 PM on
Thursday …..