Economic mathematics (5 cr)
Code: LL00DZ70-3002
General information
Enrollment
23.08.2021 - 29.08.2021
Timing
01.11.2021 - 17.12.2021
Number of ECTS credits allocated
5 op
Virtual portion
4 op
Mode of delivery
20 % Contact teaching, 80 % Distance learning
Unit
Department of Logistics and Marine Technology
Campus
Kotka Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Logistics
Teachers
- Virpi Aalto
Teacher in charge
Virpi Aalto
Groups
-
LLKT21SVBusiness Logistics, online studies
Objective
You know how to carry out the most common calculations of economic mathematics.
You are able to apply economic mathematics and use logical reasoning when solving financial problems.
You are able to assess the impact of the selected solutions.
You know how to use a spreadsheet program in making calculations.
Content
How do you calculate and apply indexes?
How do you resolve interest and interest rate calculations and their commercial applications?
How do you use periodic performances in economics?
How do you take advantage of a spreadsheet program (Excel) in economic mathematics?
Teaching methods
Scheduled track:
Index, interest and interest rate calculations. Periodic performances in economics. Excel in financial mathematics.
Independent track:
Index, interest and interest rate calculations. Periodic performances in economics. Excel in financial mathematics.
Blended track:
Index, interest and interest rate calculations. Periodic performances in economics. Excel in financial mathematics.
Evaluation scale
1-5
Qualifications
Basic mathematics
Optional studies: Basic mathematics for logistics