Business, Economics, Finance, and Mathematics
Indiana University, Bloomington
July 11-16, 1999

Undergraduate faculty who are interested in teaching with interdisciplinary materials will build cross-disciplinary partnerships and work together on materials to use in teaching courses at their home institutions. Faculty will attend in institutional teams of 2-4 with at least one team member representing mathematics and at least one team member representing management, economics, or finance.

Workshop sessions will be interactive and hands-on using materials developed through the National Science Foundation's Mathematical Sciences and their Applications across the Curriculum program, also known as Mathematics across the Curriculum (MATC). The NSF program is managed by the Division of Undergraduate Education and has funded seven major projects.

During the six-day workshop blocks of time will be reserved for teams to work on developing and adapting materials for use in courses at their home institutions. Some free time will be devoted to enjoying the area.

Interrelated workshops will provide focus for the week's work. These are described below. Several more workshops are planned, these will be described at this site as the information becomes available.

Analytic Decision Making

Workshop Leaders:

Dan Maki, Department of Mathematics, Indiana University at Bloomington.

Wayne Winston, Kelley School of Business, Indiana University at Bloomington.

Learning First Year Mathematics through Completion of Group Projects and Actual Problems from Industry

Workshop Leaders:

Paul Kochanowski, Departments of Business and Economics, Indiana University at South Bend.

Morteza Shafii-Mousavi, Department of Mathematics and Computer Science, Indiana University at South Bend.

A Modeling Approach to Business Calculus and Finite Mathematics

Workshop Leader:

Bruce Pollack-Johnson, Department of Mathematics and Science, Villanova University.

Audrey Fredrick Borchardt, Department of Mathematics and Science, Villanova University.

Abstract:

Brief review of implementation at Villanova University, including advice on obtaining funding. Discussion of collaboration with business school, training, and evaluation. Exposure to student generative projects and specific topics in calculus presented with Microsoft Excel.

Applied Mathematics in Business

Workshop Leaders:

Kathryn Ernstberger, Departments of Business and Economics, Indiana University, Southeast.

Christopher Lang, Division of Natural Science, Indiana University, Southeast.

Games for Business and Economics: How Strategy Matters

Workshop Leader:

Roy Gardner, Department of Economics, Indiana University at Bloomington.

Abstract:

Discussion of the uses of game theory in business, including integration of Web-based games.

The Mathematics of Finance

Workshop Leaders:

Joseph Stampfli, Department of Mathematics, Indiana University at Bloomington.

Victor Goodman, Department of Mathematics, Indiana University at Bloomington.

The Use of Mathematics in Teaching Economics and Finance

Workshop Leader:

Subir Chakrabarti, Department of Economics, Indiana University-Purdue University-Indianapolis.

Abstract:

Description of the role of elementary mathematical tools like calculus and probability in studying economics and finance. Includes examples such as weighing marginal cost and marginal benefit, and use of Bayes Theorem as means of revising beliefs as new information becomes available.

Fostering Systemic Change in Quantitative Instruction

Workshop Leader:

Alan Tucker, SUNY-Stony Brook, Long Island Consortium for Interconnected Learning.

Abstract:

The Mathematical Sciences Throughout the Curriculum initiative has as its ultimate goal systemic change in quantitative instruction, just as the Calculus Reform initiative sought systemic change in calculus instruction. This presentation will foster discussion about how to convert efforts in interdisciplinary curriculum development into broader changes in instruction.