Full Project – Design and implementation of computer aided learning in teaching business mathematics

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CHAPTER ONE

• Introduction

Mathematics has been vital to the development of civilization, from ancient to modern times it has been fundamental to advances in science, engineering, and philosophy.(Bland & altman,2014)

Mathematics is also essential to the world’s economy, especially as the age of big data gallops forward. A degree in these subjects will equip you with extensive expertise in probability and statistics, with options to specialize in pure mathematics or applied mathematics. The basis of the course is typically structured around algebra and calculus, and then you can specialize in topics such as codes and cryptography, fluid mechanics and even mathematical biology.(walker & Helen,2009)

Computational mathematics proposes and studies methods for solving mathematical problems that are typically too large for human numerical capacity. Numerical analysis studies methods for problems in analysis using functional analysis and approximation theory; numerical analysis includes the study of approximation and discretization broadly with special concern for rounding errors. Numerical analysis and, more broadly, scientific computing also study non-analytic topics of mathematical science, especially algorithmic matrix and graph theory. Other areas of computational mathematics include computer algebra and symbolic computation.

The project work design and implementation of a Computer aided learning in teaching Business Mathematics, is a system that is capable of teaching students’  and also solve problems associated with Business Mathematics. The program will be implemented using Stand alone application (C#) so as to provide an interactive interface which will in turn make the learning process interactive.

• Statement of Problem

Before the invention of computer system man solely relied on his brain to perform calculations; as the complexity and size of calculations increased, man began to face the problem of speed and his work being prone to errors. In an attempt to aid the brain several computational methods were developed with the help of programming language using computer, programs were written to meet user’s tasks. Thus application programs were designed to aid mathematicians in solving complex and difficult problems.

The problems that are mostly encounter with the manual method of solving mathematical problems are

Speed: Since computer is an electronic device it is electronically fast, It can operate at the speed of electricity Thus computer can carry out work much faster than humans to better appreciate the speed of a computer it is estimated to carry out millions of instruction in a matter of minute that will take people a lifetime to complete.

Efficiency: using manual computation of mathematical problems will not be as efficient to that of computer as it will be slow and prone to errors.

Accuracy: Computer can process large volume of data and generate error free results, provided the instructions are well defined and the data correctly entered.

Error: During the manual computation of any mathematical problem a list of errors usually occurs and because of the errors the correct result of the solution takes a long period of time to be guaranteed.

• Aim and Objectives

The aim of this research work is to develop a program which will be used in solving mathematical problems associated with Business Mathematics; the objectives are;

1. To aid efficiency, speed, reliability etc. as opposed to the manual method.
   • Scope of the Work

This project concentrates on the computerized calculation of problems associated with Business Mathematics. The project work will also be able to explain the procedure in each step till the final result is obtained.

• Limitation

The project work design and implementation of Aided Learning to teach Business Mathematics is limited solving Business Mathematics problems, therefore the program will not be able to solve problems that are not associated to the above mentioned topics.

• Significance of The Study

It is commendable to note that if the project work is implemented and embraced it will go a long way in solving problems related Business Mathematics. As it will aid efficiency, speed, reliability.

• Definition of Terms

Business: System where goods and services are exchanged for money

Business math: Also called commercial math or consumer math with emphasis on computational skills ang its practical application for business

Capital: Finances needed to sustain a business

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Full Project – Design and implementation of computer aided learning in teaching business mathematics