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.
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
Simple rules of differentiation — Marginal functions — Elasticity — Optimisation
Descriptive statistics — Descriptive statistics using Excel
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
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||demonstrate an understanding of and the ability to use basic quantitative skills required in economics and a business environment||Knowledge of a discipline|
|2||apply quantitative techniques to solve problems from economics and business||Knowledge of a discipline|
|3||communicate quantitative ideas, processes and results effectively at different levels of formality||Communication and social skills|
|4||use an appropriate spreadsheet or statistical software in quantitative calculations.||Lifelong learning|
|5||assess and reflect on their quantitative skills, strengths and learning style.||Lifelong learning|
- Jacques, I, 2013, Mathematics for Economics and Business, 7th rev. edn, Prentice Hall, Harlow, GB. ISBN: 9780273763567.
- Jacques, I, 2015, Mathematics for Economics and Business, 8th edition, Pearson Education Limited, Harlow, United Kingdom. ISBN: 9781292074238.
Teaching and assessment
Papua New Guinea - IBSU Enga
Papua New Guinea - IBSU Port Moresby
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2016 Commonwealth Supported only. Student contribution band: 2
Please check the international course and fee list to determine the relevant fees.