Study Guide

Objective

The student:
- can solve problems with percentage change, index, inflation, deflation, and currency calculation
- is able to conduct interest rate- and VAT calculations, as well as pricing calculations
- can calculate interest rate, periodic payments, and credit with a spreadsheet programme
- is familiar with basic concepts in investment calculation and can perform investment calculations with a spreadsheet programme
- understands how optimization problems in financial mathematics are solved with spreadsheets

Content

- percentage calculation
- index calculations, purchasing power, inflation, and deflation
- VAT calculation and pricing calculations
- currency calculations
- simple and compound interest calculation
- price calculations
- periodic payments and credit
- investment and optimization calculations

Location and time

Period 1 & 2

Materials

Material on Moodle
Karjalainen, L. (2019). Matematik inom företagsekonomi. Helsingfors: Utbildningsstyrelsen.

Teaching methods

Lectures, exercises and assignments

Evaluation scale

H-5

Assessment methods and criteria

The assessment is based on the exam and the assignments

Assessment criteria, fail (0)

The criteria for grades 1-2 are not met.

Assessment criteria, satisfactory (1-2)

The student is able to recognize and understand the essential theories, principles and methods regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, good (3-4)

The student is able to utilize essential concepts in single situations and assignments and understand the theories on which the assignments are based regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Assessment criteria, excellent (5)

The student is able to utilize theories, concepts and methods consistently in various situations regarding:
Compound interest
Solve problems about periodic payments
Investment calculations

Qualifications

none