Follow-up course of business Mathematics

Structure Type: Course
Code: LTHA109
Type: Free choise
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Sippola, Leo
Teacher Team: Sippola, Leo
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2015   3 spring   3.0   2018-01-01   2018-07-31  
LITAKO-2016   3 spring   3.0   2019-01-01   2019-07-31  

Learning Outcomes

A student can do different kind of profitability calculations. He/she uses the present value method and the annuity method.
He uses and controls economic functions like supply and demand functions, and expense and yield functions. He can determine marginal costs and revenues. A student is able to understand the elasticity of the function.

Student's Workload

- about 80 hours, half of it in lectures and practise and other one student's own studying

Prerequisites / Recommended Optional Courses

The business Mathematics (3 ctr)

Contents

- profitability calculations
- supply and demand functions
- expense and yield functions
- the elasticity of the function

Recommended or Required Reading

- materials of the lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

-lectures
-practise with Excel

Assessment Criteria

- grade 1 = slight knowledge
- grade 3 = good knowledge
- grade 5 = exellent knowledge

Assessment Methods

- exam 50 %
- practise and exercises 50 %

Work Placement

No practise.

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