授業名 | Business Calculus |
---|---|
Course Title | Business Calculus |
担当教員 Instructor Name | Xinyang Wei |
コード Couse Code | NUC438_N24A |
授業形態 Class Type | 講義 Regular course |
授業形式 Class Format | On Campus |
単位 Credits | 2 |
言語 Language | EN |
科目区分 Course Category | 教養教育科目 / Liberal Arts |
学位 Degree | BBA |
開講情報 Terms / Location | 2024 UG Nisshin Term2 |
授業の概要 Course Overview
Misson Statementとの関係性 / Connection to our Mission Statement
In the ever-evolving landscape of business and society, the role of calculus and optimization transcends mere mathematical calculations; it embodies the critical process of understanding and applying mathematical concepts to enhance decision-making and strategic planning. These pivotal fields stand at the core of analyzing dynamic patterns and trends within economic and management contexts, empowering us to make informed decisions about future events and behaviors. Our course is meticulously designed to intertwine with our Mission Statement, aiming to nurture future business leaders who are not only innovative and ethical but also equipped with a robust “Frontier Spirit.” By embedding foundational calculus and optimization principles into the Global BBA program, we endeavor to create a knowledge base that propels modern business and society forward, fostering a new generation of leaders ready to navigate the challenges of tomorrow with confidence and acumen.
授業の目的(意義) / Importance of this course
This course is crafted as a vital methodological pillar within the Global BBA program, laying down the mathematical bedrock upon which other courses will build. Through an immersive journey into fundamental calculus tools and optimization techniques, we delve into the core of mathematical concepts, encompassing rules of differentiation, further rules of differentiation, differentiation of exponential and logarithmic functions, optimization of economic functions, partial differentiation, indefinite integration, and definite integration. The curriculum is enriched with real-world case studies, engaging discussions, and dynamic interactive activities, ensuring a deep and practical understanding of mathematical applications in business. Our goal is to equip students with not just theoretical knowledge but also the practical skills to apply calculus and optimization effectively in their future endeavors.
到達目標 / Achievement Goal
Our ambition extends beyond the confines of traditional education. We aim for participants to emerge with a profound grasp of mathematical methods as they apply to economics and management. This course is designed to empower students to not only comprehend but also to apply these methods in dissecting economic and management issues. By the end of this journey, participants will be adept at leveraging calculus and optimization tools to unravel complex problems, craft innovative solutions, and make decisions grounded in solid empirical evidence. Through this transformative experience, we are committed to molding individuals who are not just spectators but active contributors to the advancement of their fields, embodying the true spirit of innovative and ethical leadership in the face of global challenges.
本授業の該当ラーニングゴール Learning Goals
*本学の教育ミッションを具現化する形で設定されています。
LG1 Critical Thinking
LG2 Diversity Awareness
LG3 Ethical Decision Making
LG4 Effective Communication
LG6 Managerial Perspectives (BBA)
LG2 Diversity Awareness
LG3 Ethical Decision Making
LG4 Effective Communication
LG6 Managerial Perspectives (BBA)
受講後得られる具体的スキルや知識 Learning Outcomes
Upon successful completion of this course, students will be able to:
- Master Fundamental Calculus Concepts: Students will understand and apply fundamental calculus concepts, including limits, differentiation, and integration, and recognize their relevance to business analysis.
- Apply Derivatives to Solve Business Problems: Gain proficiency in using derivatives to analyze and maximize business functions such as revenue, cost, and profit models. Students will be equipped to find critical points and use optimization techniques in a business context.
- Utilize Integration in Business Applications: Develop the ability to apply integration techniques to solve business-related problems, such as calculating consumer surplus, producer surplus, and other economic measures.
- Develop Analytical Skills in Business Contexts: Enhance analytical thinking skills by interpreting the results of calculus operations within business scenarios, facilitating better decision-making and strategic planning.
- Model Economic Functions Using Calculus: Learn to construct and analyze models of economic functions using calculus, enabling a deeper understanding of dynamic business environments and market changes.
- Apply Partial Differentiation to Multivariable Functions: Students will be able to apply partial differentiation to analyze functions of multiple variables, which is crucial for optimizing outcomes in complex business scenarios involving several independent factors.
- Master Fundamental Calculus Concepts: Students will understand and apply fundamental calculus concepts, including limits, differentiation, and integration, and recognize their relevance to business analysis.
- Apply Derivatives to Solve Business Problems: Gain proficiency in using derivatives to analyze and maximize business functions such as revenue, cost, and profit models. Students will be equipped to find critical points and use optimization techniques in a business context.
- Utilize Integration in Business Applications: Develop the ability to apply integration techniques to solve business-related problems, such as calculating consumer surplus, producer surplus, and other economic measures.
- Develop Analytical Skills in Business Contexts: Enhance analytical thinking skills by interpreting the results of calculus operations within business scenarios, facilitating better decision-making and strategic planning.
- Model Economic Functions Using Calculus: Learn to construct and analyze models of economic functions using calculus, enabling a deeper understanding of dynamic business environments and market changes.
- Apply Partial Differentiation to Multivariable Functions: Students will be able to apply partial differentiation to analyze functions of multiple variables, which is crucial for optimizing outcomes in complex business scenarios involving several independent factors.
SDGsとの関連性 Relevance to Sustainable Development Goals
Goal 4 質の高い教育をみんなに(Quality Education)
教育手法 Teaching Method
教育手法 Teaching Method | % of Course Time | |
---|---|---|
インプット型 Traditional | 30 % | |
参加者中心型 Participant-Centered Learning | ケースメソッド Case Method | 70 % |
フィールドメソッド Field Method | 0 % | 合計 Total | 100 % |
事前学修と事後学修の内容、レポート、課題に対するフィードバック方法 Pre- and Post-Course Learning, Report, Feedback methods
Course Prerequisites
- It is recommended that participants spend at least 3 hours preparing for each case, including reviewing the fundamental knowledge provided in the casebook. Participants seeking deeper insights may read the relevant chapters of the textbook, but the course will primarily be based on the content in the casebook.
Class Discussion
- This course emphasizes a highly interactive approach, with class discussions playing a central role in deepening understanding of calculus principles. These discussions are designed to bridge the gap between theoretical knowledge and its application in analyzing practical problems and decision-making scenarios.
- Key calculus concepts, methodologies, and the nuances of different case studies will be explored in detail through collaborative class discussions. The instructor will facilitate these discussions, guiding participants through the critical thinking and analytical processes necessary for effective calculus analysis and interpretation.
Feedback Methods
- Regular quizzes will be an integral part of the course structure to assess participants' understanding of the material and track their progress. Feedback will be provided after these quizzes to highlight areas of strength and opportunities for improvement.
- Constructive feedback sessions will form a key element of the course, enabling participants to engage in one-on-one discussions with the instructor. These sessions are an opportunity for participants to review their performance, clarify any uncertainties, and receive tailored advice to enhance their learning journey.
- It is recommended that participants spend at least 3 hours preparing for each case, including reviewing the fundamental knowledge provided in the casebook. Participants seeking deeper insights may read the relevant chapters of the textbook, but the course will primarily be based on the content in the casebook.
Class Discussion
- This course emphasizes a highly interactive approach, with class discussions playing a central role in deepening understanding of calculus principles. These discussions are designed to bridge the gap between theoretical knowledge and its application in analyzing practical problems and decision-making scenarios.
- Key calculus concepts, methodologies, and the nuances of different case studies will be explored in detail through collaborative class discussions. The instructor will facilitate these discussions, guiding participants through the critical thinking and analytical processes necessary for effective calculus analysis and interpretation.
Feedback Methods
- Regular quizzes will be an integral part of the course structure to assess participants' understanding of the material and track their progress. Feedback will be provided after these quizzes to highlight areas of strength and opportunities for improvement.
- Constructive feedback sessions will form a key element of the course, enabling participants to engage in one-on-one discussions with the instructor. These sessions are an opportunity for participants to review their performance, clarify any uncertainties, and receive tailored advice to enhance their learning journey.
授業スケジュール Course Schedule
第1日(Day1)
Rules of Differentiation●使用するケース
Case discussion: Rules of Differentiation第2日(Day2)
Further Rules of Differentiation●使用するケース
Case discussion: Further Rules of Differentiation第3日(Day3)
Differentiation of Exponential and Logarithmic Functions●使用するケース
Case discussion: Differentiation of Exponential and Logarithmic Functions第4日(Day4)
Optimisation of Economic Functions●使用するケース
Case discussion: Optimisation of Economic Functions第5日(Day5)
Partial Differentiation●使用するケース
Case discussion: Partial Differentiation第6日(Day6)
Indefinite Integration●使用するケース
Case discussion: Indefinite Integration第7日(Day7)
Definite Integration●使用するケース
Case discussion: Definite IntegrationNote: This list is provisional, and both the instructional materials and pace, as well as the case studies utilized, are subject to change based on real-time circumstances.
成績評価方法 Evaluation Criteria
*成績は下記該当項目を基に決定されます。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。
*クラス貢献度合計はコールドコールと授業内での挙手発言の合算値です。
講師用内規準拠 Method of Assessment | Weights |
---|---|
コールドコール Cold Call | 0 % |
授業内での挙手発言 Class Contribution | 50 % |
クラス貢献度合計 Class Contribution Total | 50 % |
予習レポート Preparation Report | 20 % |
小テスト Quizzes / Tests | 0 % |
シミュレーション成績 Simulation | 0 % |
ケース試験 Case Exam | 0 % |
最終レポート Final Report | 30 % |
期末試験 Final Exam | 0 % |
参加者による相互評価 Peer Assessment | 0 % |
合計 Total | 100 % |
評価の留意事項 Notes on Evaluation Criteria
教科書 Textbook
- Ian Jacques「Mathematics for Economics and Business」Prentice Hall(2009)
- Sydsaeter, Knut, and Peter Hammond「Essential Mathematics for Economic Analysis」Pearson(2008)
参考文献・資料 Additional Readings and Resource
Previous versions of the textbooks are also acceptable for use in this course.
授業調査に対するコメント Comment on Course Evaluation
The course structure and content will be refined and updated based on feedback and recommendations from previous participants.
担当教員のプロフィール About the Instructor
Dr Xinyang Wei is an Associate Professor at NUCB with a PhD in Economics from the University of New South Wales, Sydney. His research explores intricate aspects of energy and environmental economics, with a focus on policy evaluation, climate change dynamics, and the pursuit of low-carbon development. Recognised for his exemplary research, he was granted the Herbert Smith Freehills Law and Economics Higher Degree Research Award. His scholarly contributions are reflected in publications across renowned academic journals, including Energy Economics, Energy, Renewable Energy, Renewable and Sustainable Energy Reviews, International Journal of Energy Research, and the Journal of Industrial Ecology.
(実務経験 Work experience)
Before joining NUCB, he accumulated enriching teaching and research experiences at both the University of New South Wales and the Macau University of Science and Technology. He possesses a profound background in supervising undergraduate, master's, and PhD theses, and has a versatile teaching portfolio spanning courses like Business Statistics, Data Analysis, Financial Data Analysis, Econometrics, Intermediate Econometrics, Financial Statistics and Econometrics, Financial Risk Management and Research Methodology. His dedication to excellence in education was recognised in Macau with the First Prize in the University Teaching Achievement Award.
Refereed Articles
- (2024) Variance dynamics and term structure of the natural gas market. Energy Economics
- (2024) Eco-Financial Dynamics: How Green Finance and Renewable Energy Are Shaping a New Economic Era. NUCB Business Review
- (2023) Study on the spatial spillover effect and path mechanism of green finance development on China's energy structure transformation. Journal of Cleaner Production
- (2023) Effect of green finance reform and innovation pilot zone on improving environmental pollution: an empirical evidence from Chinese cities. Environmental Science and Pollution Research
- (2023) The Impact of Fintech Development on Air Pollution. International Journal of Environmental Research and Public Health