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Commercial Mathematics (5 cr)

Code: LTL6008-3002

General information

Enrollment

01.04.2020 - 30.09.2020

Timing

19.10.2020 - 14.03.2021

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Campus

Wärtsilä Campus Karjalankatu 3

Teaching languages

Finnish

Seats

20 - 90

Degree programmes

Degree Programme in Business Economics

Teachers

Johanna Luostarinen

Teacher in charge

Johanna Luostarinen

Groups

LTLNS20
BBA, Business Economics, Full-time studies, Fall, 2020

Objective

The student understands the importance of mathematics in describing and solving problems of finance and economy. The student is able to make a mathematical model of a business problem, to solve it and evaluate the accuracy of the results. The student is able to make use of computer software in solving particular problems.

Content

The use of mathematical functions in business and economy. The factors influencing the value of the price and money, percentage and interest, calculation, indices, currency conversion, compound interest, loans and payment schedules.

Evaluation scale

H-5