Business mathematicsLaajuus (5 cr)

Objective

You have the mathematical skills necessary in the most common problem solving situations.
You are able to apply them especially in decision making and when describing different phenomena in business or economics.
You are able to solve problems concerning investments and finance.
You are able to utilize a spreadsheet as an instrument to help with calculation and demonstration.

Content

How percent calculations are applied in economical purposes?
What are simple interest and compound interest, and how to calculate them?
How to apply periodic payments in financial planning?
How can the profitability of investments be measured?

Accomplishment methods

Students can 
a) use professional vocabulary systematically. 
b) look for information in the key information sources of the field. 
e) use the key models, methods, software and techniques of the professional field.