Business MathematicsLaajuus (3 cr)

Objective

To provide students with a sound command of business mathematics skills and the ability to apply them in different areas of business life

Content

Review of the basic mathematical operations needed in business mathematics
Percentage calculation and its economic applications
Simple interest calculation and its applications
Compound interest
Credit

Assessment criteria, excellent (5)

Approximately 90-100 % of maximum points in exam. Students know how to apply calculation principles to advanced problems.

Assessment criteria, good (3)

Approximately 66-90 % of maximum points in exam. Students know how to apply calculation principles to basic cases.

Assessment criteria, satisfactory (1)

Approximately 50-65 % of maximum points in exam. Students know how to calculate basic calculations.