Preface: A Student Introduction to Lerning Quantitative Business Methods

Unit One: Algebra and Graphical Methods and Applications in Business

Introduction, New Terms, and Competency Objectives

Refresher on Essential Concepts of Algebra

Introduction to Functions and the Slope

Real-World Variables, Cause/Effect, Multivariate Functions

Equation of a Straight Line

Units, Scaling, and Precision

Special Types of Lines

Domain and Range Constraints

Interpretive Exercise: Cost-Output

Functional Forms

Break-Even Point and Linear Demand Functions

Profit Analysis for a Firm with Market Power

Abstract Thinking: Specific to General (and Back Again)

Review of Solving Systems of Equations

Applications to Supply and Demand and Mixture Problems

Exponential and Logarithmic Functions

Simple and Compound Interest

Unit Two: Finding Slopes of Nonlinear Functions & Making Optimal Business Decisions

Introduction, New Terms, and Competency Objectives

Why Study Calculus

When We Need Calculus to Solve Business Problems

Terms and Concepts of Calsulus

Simple Rules for Calculating Derivatives

Using "Marginals" to Solve Business Problems

Find Derivatives for More Complicated Functions

Maxima and Minima of Functions: the First Derivative Test

Locating Optimum Values for Business Variables

The Second Derivative Test

Applying Derivative Tests to Cost and Profit Functions

Unit Three: Summarizing Data & Business Decision Making in an Uncertain World

Introduction, New Terms, and Competency Objectives

Introduction and Descriptive Statistics

Probability

Random Variables

The Normal Distribution

Appendices: Case Exercises, Answers to Exercises, and Statistical Tables

Individual Writing Exercises

Capstone Case Project Exercises

Answers to Selected Exercises

Answers to Odd-Numbered Exercises to Aczel (Chapters 1 to 4)

Statistical Table: Areas of the Standard Normal Distribution