This unit includes instruction in opportunity recognition, commercializing a concept, marshalling resources in the face of risk, and initiating a business venture. Topics include entrepreneurship, understanding entrepreneurial perspective, attributes and qualities, marketing research, environmental assessment, financial preparation, developing creativity, ethical and social responsibility challenges, sources of information and assistance, developing and presenting a business plan, assessment and evaluation of opportunities, strategic planning and managing entrepreneurial growth.

The course begins with an introduction to the nature of mathematics as an exploration of patterns (in nature and the environment) and as an application of inductive and deductive reasoning. By exploring these topics, students are encouraged to go beyond the typical understanding of mathematics as merely a bunch of formulas but as a source of aesthetics in patterns of nature, for example, and a rich language in itself (and of science) governed by logic and reasoning.

The course then proceeds to survey ways in which mathematics provides a tool for understanding and dealing with various aspects of present day living, such as managing personal finances, making social choices, appreciating geometric designs, understanding codes used in data transmission and security, and dividing limited resources fairly. These aspects will provide opportunities for actually doing mathematics in a broad range of exercises that bring out the various dimensions of mathematics as a way of knowing, and test the students’ understanding and capacity.

The course is also intended to build capacity among the students/participants to be able to train additional faculty who can teach the new GE course, Mathematics in the Modern World