Course description

This unit covers the competencies required to record and manage business operations using mathematics. Competencies include: formulating and structuring relationships using algebraic expressions, determining cost and revenue using calculus, applying the concepts of commercial mathematics to compute cost and revenue, presenting statistical data using appropriate techniques, applying probability to anticipate potential business outcomes and using index numbers to compare related variables over time

What will i learn?

• • Describe relationships using algebraic expressions
• • Use statistics to analyse and present data
• • Determine amounts using sequence and series and calculus
• • Apply the concepts of commercial mathematics to compute costs and revenue
• • Apply probability to anticipate potential business outcomes
• • Use index numbers to compare related variables