Guidelines for the Paper Titled “Business Mathematics”

of B.Com. (Hons.) Paper No. BCH 3.1, Semester-III (NEP)

Jointly Organized
by
Department of Commerce, Delhi School of Economics, University of Delhi
and
Department of Commerce, Janki Devi Memorial College, University of Delhi

Date: August 24, 2023

Minutes of the Meeting

An online meeting of the paper titled "Business Mathematics" of B.Com.(Hons.) Semester-III,

paper no. BCH 3.1, was jointly organized by the Department of Commerce, Delhi School of
Economics, University of Delhi and Department of Commerce, Janki Devi Memorial College,
University of Delhi. The meeting was held through Google Meet platform (Meeting ID:
https://meet.google.com/uxb-tsrw-zqd) on August 24, 2023 at 5:00 PM. The meeting with
heartfelt thanks to Prof. Ajay Kumar Singh (Head, Department of Commerce, Delhi School of
Economics, University of Delhi) and Prof. Amit Kumar Singh (Department of Commerce, Delhi
School of Economics, University of Delhi) for making this meeting possible. Special thanks to
Prof. H. K. Dangi (Department of Commerce, Delhi School of Economics, University of Delhi) for
his presence, support and guidance throughout the meeting.
Following teachers were present in the meeting:

S.No. Name Name of the Institute

1 Prof. H.K Dangi
2 Prof. Poonam Bewtra
3 Dr. Sonal Jain
4 Ms. Shilpa maggo
5 Dr. Sandeep Kumar Goel
6 Mr. Ravinder Pant
7 Ms. Nishtha Bhushan
8 Dr. Sonali Jain
9 Dr. Gurmeet Kaur
10 Dr. Geeta Chauhan
11 Ms. Laxmi
12 Mr. Deepak Verma
13 Mr. Arun Kumar
Department of Commerce, Delhi School of Economics,
University of Delhi
Janki Devi Memorial College
Janki Devi Memorial College
Janki Devi Memorial College
Acharya Narendra Dev College
Atma Ram Sanatan Dharma College
Bharati College
Bharati College
Daulat Ram College
Daulat Ram College
Delhi College of Arts and Commerce
Deshbandhu College
Dyal Singh College
14 Dr. Ritika Tanwar Dyal Singh College
15 Dr. Indu gupta Dyal Singh Evening college
16 Dr. Mandakini Das Gargi College
17 Ms. Hansika Khurana Gargi College
18 Dr. Shallu Hansraj College
19 Mr. Ashok Kumar Hansraj College
20 Dr. Meghna Malhotra Hansraj College
21 Ms. Divya Gupta Hansraj College
22 Dr. Poonam Sethi Hindu College
23 Ms. Archna Gupta Indraprastha College for Women
24 Ms. Neha Rohra Indraprastha College For Women
25 Ms. Shweta Jain Kamala Nehru College
26 Ms. Manisha Kirori Mal College
27 Dr. Aishwarya Nagpal Kirori Mal College
28 Dr. Gunjan Khanna Lakshmibai College
29 Ms. Shalu Garg Lakshmi bai college
30 Dr. Arun Julka Maharaja Agrasen College
31 Mr. Bibhuti Bhusan Mohapatra Maharaja Agrasen College
32 Ms. Priyanka Katyal Maharaja Agrasen College
33 Dr. Soma Garg Maharaja Agrasen College
34 Dr. Sonal Babbar Maitreyi College
35 Dr. Ishleen Kaur Mata Sundri College for Women
36 Ms. Nazia Hasan Motilal Nehru College (day)
37 Ms. Madhurika Verma PGDAV College(M)
38 Ms. Seema Agarwal PGDAV College
39 Mr. Mayur Taneja Rajdhani college
40 Ms. Preksha Mishra Ramanujan College
41 Mr. Sarfraj Ahmed Satyawati College (M)
42 Dr. Renu Jain Satyawati College (M)
43 Ms. Kangan Jain Satyawati College (M)
44 Ms. Priyanka Modi SGND Khalsa College
45 MS. Rachan Sareen SGTB Khalsa College
46 Ms. Parminder Kaur SGTB Khalsa College
47 Ms. Ashween Kaur Anand SGTB Khalsa College
48 Ms. Neyati Ahuja Shaheed Bhagat Singh College
 49 Ms. Divya Mehta Shaheed Bhagat Singh College
50 Ms. Viney narang Shaheed Bhagat Singh Evening College
51 Ms. Rachna soni Shivaji College
52 Ms. Suman Kharbanda Shivaji College
53 Dr. Yusra Naseem Shri Ram College of commerce
54 Dr. Asha Rani Shri Ram College of Commerce
55 Manpreet Sharma Shri Ram College of Commerce
56 Dr. Neelam Goel Shyama Prasad Mukherji College
57 Ms. Reena Yadav Shyam Lal college
58 Dr.Triveni Shyam Lal College
59 Ms. Priyanka Yadav Shyam Lal College
60 Ms. Silky Jain Sri Aurobindo College
61 Dr. Archana Agarwal Sri Aurobindo College (Evening)
62 Ms. Manleen Kaur Sri Guru Gobind Singh College of Commerce
63 Dr. Naveen Dua Sri Guru Gobind Singh College of Commerce
64 Dr. Arpita Kaul Sri Venkateswara College
65 Ms. Mohini Yadav Sri Venkateswara College
66 Mr. Om Dutt Swami Shraddhanand College

The following guidelines were set in the online meeting with the consent of the teachers present
in the meeting and the Representative of the Department of Commerce, Delhi School of
Economics, University of Delhi; in order to have uniformity and consistency thereby facilitating
the teaching-learning process.

Distribution of marks: The paper is of 4 credits carrying 160 marks in total (out of which, 90
marks are for final examination, 30 marks are for Internal assessment and 40 marks are for the
practical portion).

1. Theory: All units carry equal weightage, i.e, 18 each.

a. Unit 1: Two internal choice questions of 6 marks (multiplication) and 12 marks
(input-output), respectively.
b. Unit 2: Two internal choice questions of 9 marks each.
c. Unit 3: Two internal choice questions of 9 marks each (one question from partial
and other one from integration).
d. Unit 4: Four external choice questions of 6 marks each, out of which 3 questions
to be attempted.
e. Unit 5: Two questions of 6 marks and 12 marks, respectively or one question of
18 marks.
2. Practical: 40 Marks in total
a. 10 marks are for the continuous assessment
b. 30 marks are for the three hour practical examination (20 for exam and 10 for the
viva)
c. 20 Marks exam should be having:
i. 5 marks for matrices question
ii. 5 marks for Simplex question
iii. 10 marks (2 questions) for mathematics of finance

3. Unit 1- Matrices and Determinants:

a. Simple questions on multiplication and addition and linear equations to be
covered,
b. services and holding applications are not to be tested
c. Input output (open model only)

4. Unit 2- Calculus I:
a. Taxation subsidy and convexity not to be covered.

5. Unit 3- Calculus II:

a. Partial Derivatives:
i. Nature of commodities and four partial elasticity of demand
ii. Production function can be done with the help of Cobb Douglas
production function (Total differential not to be discussed; just give the
definitions)
iii. Maxima and Minima with no constraints (Lagrangian multiplier not to be
covered)
b. Integration:
i. Deriving the demand function given the marginal revenue function and the
elasticity of demand and deriving the cost function given the marginal cost
function
ii. Consumer and producer surplus (only perfect competition questions to be
asked)
iii. Rate of sales, learning curve not to be covered.

6. Unit 4- Mathematics of Finance:

a. Amortization of funds and sinking funds to be tested in practical lectures and not
in the theory.

7. Unit 5- Linear Programming:

a. Maxima with constraints ‘less than or equal to’ to be covered
b. Minima with constraints ‘greater than or equal to’ to be covered
c. Maxima/Minima with mixed constraints to be covered
d. Four special cases to be covered