MAT 111 GENERIC COURSE SYLLABUS

  Effective Date:
Instructor: Campus: Room:
Office Hours: Phone:
I.
Course Prefix
Course Number
Course Name
Credit
Lecture
Lab
 
MAT
111
Business and Consumer Mathematics
4
4
0
 
II. Prerequisites:

None.

III. Course Description:
Course reviews arithmetic and introduces algebraic techniques. Content includes profit and loss, interest, amortization, installment transactions, percentage, discount, taxes, depreciation and statistics. Calculators and spreadsheets used when appropriate. Intended for students pursuing Oakton degrees and certificates in business related fields.
IV. Course 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. Understand the relationship of 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, Faculty and administration at Oakton Community College are required to demonstrate academic integrity and follow Oakton's Code of Academic Conduct. This code prohibits:

  • 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,
  • making unauthorized changes in official documents,
  • pretending to be someone else or having someone else to pretend to be you,
  • making or accepting bribes, special favors, or threats, and 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 with a fair hearing if a complaint is made. 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:

A. Problem Solving with Whole Numbers and Decimals
B. Problem Solving with Fractions and Percent
C. Problem Solving with Formulas and Equations
D. Statistics, Tables and Graphs

E. Bank Records

F. Payroll

G. Trade and Cash Discounts
H. Markup and Markdown
I. Simple Interest and Simple Discount
J. Compound Interest, Future Value, and Present Value.
H. Annuities and Sinking Funds
I. Consumer Credit
J. Depreciation
K. Inventory, Turnover, and Overhead
L. Financial Statements
M. Insurance
N. Taxes
O. Stocks and Bonds
P. Use of Calculators and Spreadsheets.

VII. Methods of Instruction:

(To be completed by instructor)

Methods of presentation can include lectures, discussions, and regularly assigned homework. Calculators / computers will be used when appropriate.
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:

Required Textbook:
Business Math by Cleaves and Hobbs, 7th Edition, Prentice Hall, 2005.

ISBN: 9780131606753

Required Materials: Scientific calculator is required.

X.

Methods of Evaluating Student Progress:

(To be determined and announced by the 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 ASSIST office in Instructional Support Services. 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
2003

Ending Term:

 
(term)
(year)
 
(term)
(year)
Prepared by:

R.G. McClarren, Chair; G. Liu; S. Hamed; N. Ressler; P. Boisvert; C. Murphy; S. Stock; C. Shapero

Date:

Reviewed by Department/
Program Chair

R. Sompolski
Date:
Approved by Dean:
J. Kotowski

Date:

oakton home division two home sompolski, chair of math department department of math and computer science home