Mathematics and BusinessLaajuus (3 cr)
Code: FEV18FO01
Credits
3 op
Objective
Students
-can apply to the different mathematical methods needed in business life, for example percentage calculation, index numbers, purchasing power and inflation, foreign currencies and interest calculations.
Content
Percentage calculation, index calculations, purchasing power and inflation, currency calculations, interest rate calculation and pricing calculations
Qualifications
None
Assessment criteria, satisfactory (1)
The student is able to recognize and understand the essential theories, principles and methods regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Assessment criteria, good (3)
The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Assessment criteria, excellent (5)
The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Percentage calculation
Index numbers
Foreign currencies
Pricing and VAT
Simple interest and discounting
Assessment criteria, approved/failed
Fail: The criteria for grade 1-2 are not met.
Materials
See current implementation FEV18FO01