Study Guide

Objective

The student can
- apply mathematical techiques to the solutions of practical business problems
- understand the roles mathematics play in business operations
- make consumer decisions sound in relation to purchasing and investing
- relate mathematical applications to managerial decisions
- understand and use mathematical notation
 

Content

Contents:
- roles of mathematical tools and skills in business operation
- matematical techniques and tools
- mathematical applications in management

Materials

Kaliski: Business Mathematics, 3rd edition (eBook), chapters 2 (UNIT 1), 4 (UNIT 2), 8,9 (UNIT 4), 11 and 12 (UNIT 5)
Tutorials and assignments in ItsLearning/ViLLE
Selected chapters in Khan Academy
Excel

Teaching methods

Self studies, tutorials in virtual environment, assignments, study clinics, weekly assignments

International connections

Task-based method emphasizing the application of knowledge and skills.

Student workload

Total 133 hours:
All group meetings (4-5 * 1,5h), Tutorials in ViLLE, Assignments and ItsLearning/ViLLE tests, self study

Content scheduling

- Percentages and Taxation
- Sequences and Interest
- Investments
- Business Economy (investment calculations, VAT, Pricing, Cost Accounting, Contribution Margin, Profit)
- Value of the Money
- Excel

Evaluation scale

H-5

Assessment methods and criteria

ItsLearning/ViLLE tests (5 tests) and Excel assignments

Assessment criteria, fail (0)

Tests in ItsLearning/ViLLE (5 tests in total) not done with good enough level (40 % correct). Excel assignment(s) not returned.

Assessment criteria, satisfactory (1-2)

1: Pass grade can be achieved passing ItsLearning/ViLLE tests (40 % correct) and returning Excel assignment(s).

Assessment criteria, good (3-4)

3: Grade can be achieved with ItsLearning/ViLLE tests (about 60 % correct) and returning well done Excel assignment(s).

Assessment criteria, excellent (5)

Grade can be achieved with ItsLearning/ViLLE tests (about 90 % correct) and returning correctly done Excel assignment(s)