Business and financial mathematics (5 cr)

Objective

You have the mathematic 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 are taxes and profitability calculated? Why and how are indices used to describe the phenomena in business and economics? How do currencies affect the different factors in economy? What are simple interest and compound interest, and how to calculate them? What kinds of financial instruments are available? How can the profitability of investments be measured?

Course material

Learn-alustalla oleva materiaali.
Saaranen-Kolttola-Pösö: Liike-elämän matematiikka, Edita, 2016 tai uudempi.
Funktiolaskin.
Taulukkolaskentaohjelmisto (Excel).

Study forms and methods

Itsenäinen opiskelu (opettajan ohjaamana) hyödyntäen Learn-alustalla olevia videotaltiointeja ja muuta materiaalia.

Opintoja nopeuttava oppimisväylä:
Sovittava opettajan (tommi.salmela@xamk.fi) kanssa erikseen.

Timing of exams and assignments

Ilmoitetaan opintojakson alussa.

Student workload

5 op tarkoittaa noin 133 tuntia opiskelijan työtä.

Further information

Opettajana toimii lehtori Tommi Salmela (tommi.salmela@xamk.fi).

Evaluation scale

1-5

Assessment methods and criteria

Tentti, josta saadun pistemäärän perusteella määritetään lopullinen arvosana.