OAKTON COMMUNITY COLLEGE
GENERIC COURSE SYLLABUS
I.
Course
Prefix
MAT
II.
Course
Number
111
Course
Name
Business and Consumer Mathematics
Credit
4
Lecture
Lab
4
Prerequisites:
None.
III.
Course (Catalog) Description:
This course uses arithmetic and introduces algebraic techniques for solving business
problems. Topics include profit and loss, interest, amortization, installment
transactions, percentage, discount, taxes, depreciation and statistics. Calculators and
spreadsheets will be used where appropriate.
IV.
Learning Objectives:
A. Apply arithmetic and algebra operations in solving problems with whole
numbers, fractions, decimals, equations and formulas.
B. Perform percentage calculations with discount, markup, depreciation, and taxes.
C. Apply the rules of exponents to business problems.
D. Apply simple and compound interest to installment sales and annuities.
E. Calculate payroll earnings and insurance.
F. Apply mathematics to financial statements.
G. Apply basic concepts of statistics to business.
H. Use calculators and spreadsheets to solve business problems.
V.
Academic Integrity:
Students and employees at Oakton Community College are required to
demonstrate academic integrity and follow Oakton’s Code of Academic Conduct.
This code prohibits:
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cheating,
plagiarism (turning in work not written by you, or lacking proper
citation),
falsification and fabrication (lying or distorting the truth),
helping others to cheat,
unauthorized changes on official documents,
pretending to be someone else or having someone else pretend to be
you,
making or accepting bribes, special favors, or threats, and
0
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any other behavior that violates academic integrity.
There are serious consequences to violations of the academic integrity policy.
Oakton’s policies and procedures provide students a fair hearing if a complaint is
made against you. If you are found to have violated the policy, the minimum
penalty is failure on the assignment and, a disciplinary record will be established
and kept on file in the office of the Vice President for Student Affairs for a period
of 3 years.
Details of the Code of Academic Conduct can be found in the Student Handbook.
VI.
Outline of Topics:
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VII.
Problem Solving with Whole Numbers and Decimals
Problem Solving with Fractions and Percent
Problem Solving with Formulas and Equations
Statistics, Tables and Graphs
Bank Records
Payroll
Trade and Cash Discounts
Markup and Markdown
Simple Interest and Simple Discount
Compound Interest, Future Value, and Present Value.
Annuities and Sinking Funds
Consumer Credit
Depreciation
Inventory, Turnover, and Overhead
Financial Statements
Insurance
Taxes
Stocks and Bonds
Use of Calculators and Spreadsheets.
Methods of Instruction:
(To be completed by instructor)
Methods of instruction may include lectures, discussion, demonstration,
experimentation, audio-visual, group work, and regularly assigned homework.
Calculators / computers will be used when appropriate.
Course may be taught as face-to-face, media-based, hybrid or online course.
VIII. Course Practices Required:
(To be completed by instructor)
Course practices include attending class, completing homework assignments,
participating in discussions and taking quizzes and exams.
IX.
Instructional Materials:
Textbook information for each course and section is available on Oakton's Schedule
of Classes. Within the Schedule of Classes, textbooks can be found by clicking on an
individual course section and looking for the words "View Book Information".
Textbooks can also be found at our Mathematics Textbooks page.
X.
Methods of Evaluating Student Progress:
(To be completed by instructor)
Evaluation methods can include assignments, quizzes, chapters or major tests,
individual or group projects, computer assignments and/or a final examination.
XI.
Other Course Information
Individual instructors will establish and announce specific policies regarding
attendance, due dates and make-up work, incomplete grades, etc.
If you have a documented learning, psychological, or physical disability you may
be entitled to reasonable academic accommodations or services. To request
accommodations or services, contact the Access and Disability Resource Center at the
Des Plaines or Skokie campus. All students are expected to fulfill essential course
requirements. The College will not waive any essential skill or requirement of a
course or degree program.
Effective beginning term: Fall 2013
Ending term ___________
(term) (year)
(term) (year)
Syllabus prepared by: Chair: S. Hamed; B. Anderson,
M. Farquhar, G. McClarren, A. Roach,
C. Shapero, J. Strehler, D. Zak,
Date
4/2012
Reviewed by Dept/Program Chair: J. Hassett
Date
4/2012
Approved by Dean: R. Sompolski
Date
4/2012