• Learning Outcomes for 3450:135 Mathematics for Everyday Life

Students are expected to be able to

• Determine if arguments are valid, identify fallacies, complete truth tables, and work with Venn diagrams
• Understand and calculate simple interest, compound interest, monthly payments for loans, total interest paid, saving totals for regular monthly payments, credit card balances when paying only minimum payments, and retirement annuity monthly payments based on nest eggs; as well as, use of CPI to find inflation rates and inflation rates to find buying power decreases
• Work with basic graph theory concepts such as Euler circuits, Hamilton Circuits, and Trees
• Investigate voting through coalitions and voting power, various voting systems, fair shares, and apportionment
• Topical Outline
• The Mathematics of Voting: The Paradoxes of Democracy
• The Mathematics of Power:  Weighted Voting
• The Mathematics of Sharing: Fair-Division Games
• The Mathematics of Apportionment:  Making the Rounds
• The Mathematics of Getting Around:  Euler Paths and Circuits
• The Mathematics of Touring:  The Traveling Salesman Problem
• The Mathematics of Money:  Spending It, Saving it, and Growing it
• The Mathematics of Normal Distributions:  The Call of the Bell