Level of knowledge: Basic Knowledge.

Aim: To ensure that the students have a basic understanding of important quantitative tools and their elimentary application to business problems.

Detailed Contents:

1. Number Bases and Binary Arithmetic; Conversion of a given base; Binary Fractions.

2. Linear, Quadratic, Exponential and Logarithmic Functions. Concept and determination of Break-even Point.

3. Arithmetic and Geometric Progression including series.

4. Permutations and Combinations.

5. Matrices-meaning and operations, Matrix Inversion, Solution to System of Linear Equations by Matrix Inversion as well as Pivotal Reduction method.

6. Graph of Linear Inequalities in Two Variables.

7. Calculus :

a) Elements of Trigonometry - to enable a student to learn Integral Calculus with aid of Trigonometric Ratios Trigonometric Ratios of Angles associated with a given angle, Addition Formulae, Multiple and Sub-multiple Angles. Transformation of sums into products and vice-versa, Definition of Inverse Circular Function.

b) Elements of Differentiation, simple applications of Differential Co-efficients, Maxima and Minima of Univariate Functions; Rules of Integration for Indefinite and Definite Integrals, Simple application of Integration to accounting and business problems.