Business Mathematics
Core paper · Semester 3 · 4 units
01Matrices & Determinants
- Types of matrices
- Inverse & rank
- Solution of equations
- Input-output analysis
02Calculus
- Differentiation
- Maxima & minima
- Elasticity of demand
- Integration & consumer surplus
03Mathematics of Finance
- Simple & compound interest
- Annuities
- EMI & loan amortisation
- NPV & IRR
- Depreciation
04Linear Programming
- Formulation
- Graphical solution
- Simplex introduction
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