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Business Mathematics (5 cr)

Code: FEK22FFO01-3003

General information


Enrollment

01.12.2022 - 08.01.2023

Timing

09.01.2023 - 30.04.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Business

Teaching languages

  • Svenska

Degree programmes

  • Degree Programme in Business Administration

Teachers

  • Ludvig Kihlman

Teacher in charge

Katarina Sandström

Groups

  • FEK22D-Å
    Tradenom (YH), h22, dagstudier, Åbo

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

Evaluation scale

H-5

Qualifications

none