TEACHING LESSON PLAN B.Com I Semester-207-8 SUBJECT: MATHEMATICS FOR MANAGERS MODULE : BASIC MATHEMATICAL CONCEPTS UNIT/ SESSION / HOURS (TIME REQUIRED) TOPICS FOR STUDENT PREPARATION (INPUT) 0 Hours a) Equations Linear, Quadratic Simultaneous b) Ratios Proportions c) Percentage d) Profit Loss PROCEDURE (PROCESS) a) Explanation of various terms b) List of formulae c) Basic Laws d) Applications in business commerce. e) Problems solutions. MODULES 2 3: INTEREST AND ANNUITIES LEARNING OUTCOME (OUTPUT) a) Knowledge of the various terms used. b) To solvelinear, Quadratic Simultaneou s Equation c) To calculate Ratios Proportions d) To Calculate Percentage s e) To calculate Profit or Loss Profit or Loss % f) Problems on the above ASSESSMENT a) Assignmen ts b) Working out on s c) Oral Test d) Written Test e) MCQ UNIT/ SESSION / HOURS (TIME REQUIRED) TOPICS FOR STUDENT PREPARATION (INPUT) 20 Hours a) Simple Interest b) Compound Interest c) Concept of Time Value of Money d) Doubling Period (Rule of 72 69) PROCEDURE (PROCESS) a) Explanation of various terms b) List of formulae c) Basic Laws LEARNING OUTCOME (OUTPUT) a) Knowledge of the various terms used. b) To Calculate SI, CI, FV of a ASSESSMENT a) Assignments b) Student out sums on. c) Oral Test
e) Annuity Immediate f) Future Value of Annuity g) Loan amortization schedule h) Capital Recovery Factor i) PV of growing annuity j) Annuity Due k) PV of Perpetuity l) Deferred Annuity Intra-year Compounding discounting m) Effective Vs Stated Rate d) Applications in business commerce. e) Problems solutions. Single Amount, Doubling Period, Growth Rate, PV of a single amount, PV of uneven series, Annuity immediate, FV of Annuity, PV of Annuity, loan amortization schedule, PV of growing Annuity, Annuity due, PV of perpetuity, Deferred Annuity Intra-year compoundin g discounting, Effective Vs Stated Rate d) Written Test e) Develop an Amortization Table for Loan Amount EMI Calculation. f) MCQ MODULE 4: Bills of Exchange Conversion of Foreign Currency UNIT/ SESSION/ HOURS (TIME REQUIRED) TOPICS FOR STUDENT PREPARATION (INPUT) 08 Hours a) Meanings of Bills of Exchange, Face Value of Bills, True Present Worth, True Discount Value, Date of Drawing, Banker s gain, Banker s discount of a bill, foreign currency, direct indirect quotes. b) Problems on the above. PROCEDURE (PROCESS) a) Explanation of various terms b) List of formulae c) Basic Laws d) Applications in business commerce. e) Problems LEARNING OUTCOME (OUTPUT) a) Knowledge of the various terms used. c) To Calculate Face Value of Bills, True Present Worth, True Discount ASSESSMENT a) Assignments b) Student out sums on. c) Oral Test d) Written Test
solutions. Value, Date of Drawing, Banker s gain, Banker s discount of a bill, foreign currency, direct indirect quotes. MODULE 5: Learning Curve UNIT/ SESSION/ HOURS (TIME REQUIRED) TOPICS FOR STUDENT PREPARATION (INPUT) 0 Hours a) Meanings of Learning Curve, Learning Curve Ratio, Linear Equations. b) Forecasting of cost its impact on profit using Learning Curve. c) Problems on the above. PROCEDURE (PROCESS) a) Explanation of various terms b) List of formulae c) Basic Laws d) Applications in business commerce. e) Problems solutions. MODULE 6: Introduction to Differentiation LEARNING OUTCOME (OUTPUT) a) Knowledge of the various terms used. b) To Calculate Learning Curve Ratio. c) Forecasting of cost its impact on profit using Leaning Curve. ASSESSMENT a) Assignments b) Student out sums on. c) Oral Test d) Written Test UNIT/ SESSION/ HOURS (TIME REQUIRED) TOPICS FOR STUDENT PREPARATION (INPUT) 2 Hours a) Meanings of Functions, Derivatives. b) Stard Forms, sum product of two functions. c) Application of Differentiation d) Secondary derivatives Maxima minima. e) Applications in Commerce Cost functions, Revenue functions, Profit function, Break-even point. PROCEDURE (PROCESS) a) Explanation of various terms b) List of formulae c) Basic Laws d) Applications in business commerce. e) Problems LEARNING OUTCOME (OUTPUT) a) Knowledge of the various terms used. b) Calculation of Sum Product of two functions, Cost functions, Revenue ASSESSMENT a) Assignments b) Student out sums on. c) Oral Test d) Written Test
f) Problems on the above. solutions. functions, Profit function Break-even Point. c) To solve problems on the above. Step 2- LESSON PLAN PREPARATION HOURLY WISE Subject Name: MATHEMATICS FOR MANAGERS hours: 60 Objective: to enable students to have a grasp of simple arithmetical calculations relating to topics on Commerce Economics Sl. No UNIT & OBJECTIVES No. of Hours Methodology/Instr uctional techniques Evaluation/ learning confirmation Module I Basic Mathematical Concepts: Objective: To underst the Basics of Mathematics its application. 0. Simple Equations 2. Quadratic Equations 3. Quadratic Equations 4. Simultaneous Equations 5. Simultaneous Equations
6. Ratios Proportions 7. Ratios Proportions 8. Percentages 9. Profit Loss with Discounts Assignment 0. Revision Test Revision Module 2 3 Interest Annuities Objective: To underst the basics of Simple Interest, Compound Interest, Time Value of Money its applications in Accounts, Finance Economics. 20. Simple Interest Problems on Simple Interest 2. Simple Interest Problems on Simple Interest 3. Simple Interest Problems on Simple Interest 4. Compound Interest Problems on Compound Interest 5. Compound Interest Problems on Compound Interest 6. Compound Interest Problems on Compound Interest 7. Laws of Logarithm its application in Compound Interest calculations
8. Future Value of a Single Amount 9. Rule of 72 69 Doubling Period 0. Present Value of a Single Amount Present Value of a Single Amount 2 Future Value of Annuities 3 Future Value of Annuities 4 Preparation of Loan Amortization Schedule 5 Preparation of Loan Amortization Schedule 6 Present Value of growing Annuity 7 Problems on Deferred Payments 8 Problems on Perpetuity 9 Revision Revision 20 Revision Revision
Module 4 Bills of Exchange Conversion of Foreign Currency. Objective: To underst the basics of Bills of Exchange Foreign Currency conversions. 8. Introduction to Bills of Exchange. Meaning of Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 2. Problems on Banker s Present Worth, True Present Worth, Discounted Value of the Bill, True Discount, Banker s Discount Banker s Gain. 3. Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 4. Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 5. Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 6. Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 7. Banker s Present Worth, True Present Worth, Banker s Discount Banker s Gain. 8. Revision Revision
Learning Curve Module 5 Objective: Understing the Meaning of Learning Curve its applicability in Accounts, Finance Economics. 0. Introduction to Learning Curve Calculation of Learning Curve Ratio. 2 Calculation of Learning Curve Ratio. 3 Determination of Labour Cost under Table Method Formula Method 4 Determination of Labour Cost under Table Method Formula Method 5 Determination of Labour Cost under Table Method Formula Method 6 Learning Curve Equation Problems thereon 7 Learning Curve Equation Problems thereon 8 Learning Curve Equation Problems thereon 9 Revision Revision 0 Revision Revision Module 6 Introduction to Differentiation 2
Objective: To underst the application of Differentiation in Commerce to solve simple problems on Cost Functions, Revenue Functions, Profit Functions Break-even Point.. Introduction to Constants Variables 2. Introduction to Functions Types of Functions 3. Introduction to Differentiation 4. Stard Formulae, Functions Differentials 5. Rules of Differentiations 6. Problems on Differentiations 7. Problems on Differentiations 8. Quotient Rule 9. Introduction problems on Maxima Minima 0. Introduction problems on Application of Differentiation 2 2. Revision Revision Note : First three modules are the portions for the Mid Term Test
Note 2: CIA will be conducted post completion of each module. TEXT BOOKS: Sl. No. Author s Name Name of the Textbook Dr. Dorai Raj Business Mathematics 2 Dr. A.K. Arte & R.V. Prabhakar A Textbook of Business Mathematics 3 Saha Mathematics for Cost Accountants 4 M. Wilson Business Mathematics 5 J.K.Singh Business Mathematics REFERENCES: Sl. No. Author s Name Name of the Textbook Zamirudding Khanna Business Mathematics 2 Sanchethi& Kapoor Business Mathematics 3 Soni Business Mathematics