ECON-200   Calculus Applications for Business

An introduction to differential calculus and optimization techniques used in business applications. The concept of changes at the margin and derivatives will be applied to problems in operations management, management decision theory and economic analysis. Students will also study constrained and unconstrained optimization and use it to solve problems in areas such as product pricing, production, capital budgeting, and assessing risk in markets. This course is for business students, to normally be taken concurrently with Mathematics 201 and Economics 221 (by students not completing another calculus course). This course does not satisfy the calculus requirement for economics majors.