Study Guide

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

Location and time

Period 2

Materials

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

Teaching methods

Lectures, exercises and assignments

Evaluation scale

H-5

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.

Qualifications

None