Mathematics for Business: Explore Essential Mathematical Concepts and Techniques for Decision Making

This course provides a comprehensive understanding of quantitative methods essential for economic forecasting, resource allocation, portfolio analysis, inventory management, data-mining, and addressing social and climate challenges. Starting with foundational topics like finite mathematics and the mathematics of finance, it progresses to differential calculus, optimization, and curve fitting. These concepts are vital for solving contemporary business problems. Learners will explore algebra, finite math, finance mathematics, calculus, optimization techniques, and curve fitting, applying these methods to realistic business scenarios. Topics include cash flow, amortization, interest, loans, annuities, revenue/cost models, break-even analysis, inventory control, and econometrics. Each section includes extensive examples and exercises, reinforced by key terms and concepts, making the material accessible and practical. The course begins with basic mathematical concepts and advances through increasingly complex topics. By the end, learners will have the tools to tackle various business problems using quantitative methods, making this course invaluable for anyone in the business field. This structured approach ensures both theoretical knowledge and practical application, preparing learners for real-world challenges.

© 2024 Packt Publishing (Ebook): 9781836643807

Publicatiedatum

Ebook: 9 augustus 2024