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Commercial Mathematics (5 cr)

Code: LTL6008-3003

General information


Enrollment

01.04.2021 - 30.09.2021

Timing

18.10.2021 - 13.03.2022

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

  • LLNS21
    BBA, Business Economics, Full-time studies, Fall, 2021

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