AMS1001 - Introduction to Linear Algebra and Calculus

Year of Study:1
Credit Units: 3
Duration: 45hours
Prerequisites: Exclusion: STA1001 Mathematics and Statistics; or with the Instructor’s permission and upon endorsement of the relevant Chairperson or Programme Director.
Module Description
This module introduces basic concepts and methods in linear algebra and calculus that are often used in business applications. Topics selected include numbers and functions, logic, matrix theory, differentiation and integration. Students are equipped with basic skills of calculus, which is the core of many mathematical disciplines such as optimization, financial mathematics, statistics, simulation etc. Students are also enabled to use mathematical methods of calculus and linear algebra for solving a range of practical problems. Applications to business management and economics are provided.
Learning Outcomes
Upon completion of this module, students should be able to:
  1. understand the basic concepts of number system and functions, binomial theorem and mathematical induction;

  2. evaluate limits, derivatives and integrals of functions;

  3. implement basic operations for vectors, matrices, determinants, and solve linear system of equations; and

  4. apply techniques of linear algebra and calculus to solve a range of problems in business management and economics.