Availabilities:

Location Domestic International
Brisbane - The Hotel School
Term1
Term1
Gold Coast
Term5
Term5
Melbourne N/A
Term1,3,5
Melbourne - The Hotel School
Term1
Term1
Online
Term1,3,5
Term1
Papua New Guinea - IBSU Port Moresby N/A
Term3,5
Perth N/A
Term1,3,5
Sydney N/A
Term1,3,5
Sydney - The Hotel School
Term1
Term1

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

Faculty/College

SCU College

Anti-requisites

Cannot be taken if already completed or enrolled in MATH1001 - Foundation Mathematics

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

Warm Up Module: Review of Elementary Arithmetic and Algebra
 
Module 1: Economic Applications of Graphs and Equations I: Cost, Revenue and Profit
 
Module 2: Economic Applications of Graphs and Equations II: Supply and Demand
 
Module 3: Understanding Monetary Change I: Indices and Inflation
 
Module 4: Understanding Monetary Change II: Compound Interest
 
Module 5: Optimising Performance in the Business World: Differentiation
 
Module 6: Interpreting Business and Economic Data: Descriptive Statistics

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.

On completion of this unit, students should be able to:
1 understand and use basic quantitative skills required in economics and a business environment
2 apply quantitative techniques to solve problems from economics and business
3 apply academic literacy skills to reflect and communicate quantitative skills, ideas and results that demonstrate individual strengths and learning styles
4 use an appropriate spreadsheet or statistical software in quantitative calculations

On completion of this unit, students should be able to:

  1. understand and use basic quantitative skills required in economics and a business environment
  2. apply quantitative techniques to solve problems from economics and business
  3. apply academic literacy skills to reflect and communicate quantitative skills, ideas and results that demonstrate individual strengths and learning styles
  4. use an appropriate spreadsheet or statistical software in quantitative calculations

Prescribed texts

  • A non-programmable calculator. The recommended calculator for students intending further Business studies is Sharp EL738 or EL735S.

  • Access to Microsoft Excel or similar spreadsheet package.

  • A non-programmable calculator. The recommended calculator for students intending further Business studies is Sharp EL738 or EL735S.

  • Access to Microsoft Excel or similar spreadsheet package.

  • Prescribed text information is not currently available.
Prescribed texts may change in future teaching periods.