Unit aim

Introduces students to and develops skills in the quantitative tools, concepts and skills required in a business degree. To reinforce student learning the use of these quantitative tools and skills to solve problems from economics and business is emphasised. A spreadsheet package will be used to solve and communicate quantitative problems and concepts.

Unit content

Quantitative Skills
Algebra — Fractions, decimals and percentages — Graphs with Excel

Linear and Nonlinear Functions and Graphs
Revenue, profit, cost and break-even analysis — Simple and compound interest — Supply and demand analysis

Differentiation
Simple rules of differentiation — Marginal functions — Elasticity — Optimisation

Statistics
Descriptive statistics — Descriptive statistics using Excel

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

Learning outcomes and graduate attributes

Prescribed texts

Session 1

  • Jacques, I, 2013, Mathematics for Economics and Business, 7th rev. edn, Prentice Hall, Harlow, GB. ISBN: 9780273763567.

Session 2

  • Jacques, I, 2015, Mathematics for Economics and Business, 8th edition, Pearson Education Limited, Harlow, United Kingdom. ISBN: 9781292074238.
Prescribed texts may change in future study periods.

Teaching and assessment

Gold Coast

Teaching method
Lecture online 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%

Melbourne

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%

Online

Teaching method
Lecture online 1 hour (12 weeks)
Structured online learning 2 hours (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%

Papua New Guinea - IBSU Enga

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 1 hour (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%

Papua New Guinea - IBSU Port Moresby

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hour (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%

Sydney

Teaching method
Lecture on-site 1 hour (12 weeks)
Tutorial on-site 2 hours (12 weeks)
Assessment
Self-audit with reflection10%
Project30%
Quiz30%
Exam: closed book30%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2016 Commonwealth Supported only. Student contribution band: 2

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.