Business Mathematics

Structure Type: Course
Code: KC05AR00107
Type: Compulsory
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Paananen, Juhani
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
RAK-2013LVI   2 spring   3.0   2015-01-02   2015-07-31  
RAK-2013RASU   2 spring   3.0   2015-01-02   2015-07-31  
RAK-2013TUTE   2 spring   3.0   2015-01-02   2015-07-31  
RAK-2014LVI   2 autumn   3.0   2015-08-01   2015-12-31  
RAK-2014RASU   2 autumn   3.0   2015-08-01   2015-12-31  
RAK-2014TUTE   2 autumn   3.0   2015-08-01   2015-12-31  

Learning Outcomes

Upon completion of the course, students will be competent in calculating compound interest, loans and investments. They will be capable of utilising calculation tools and the above-mentioned calculation methods in their Professional Studies and working world.

Student's Workload

Total work load of the course: 80 h
- of which scheduled studies: 48 h
- of which autonomous studies: 32 h

Prerequisites / Recommended Optional Courses

Algebra and Trigonometry

Contents

- Value added tax
- Compound interest
- Loans
- Investment calculations

Recommended or Required Reading

To be announced at the beginning of the course.

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures and exercises: 48 h
- Independent study

Assessment Criteria

1 students understands the basics of mathematical economics
3 student understands and is able to apply the methods of mathematical economics well
5 student understands and is able to apply the methods of mathematical economics excellently

Assessment Methods

Final exam

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