Availabilities:

Location Domestic International
Brisbane - The Hotel School
Session1,2,3
Session1,2,3
Gold Coast
Hayman Island - Hotel School
Session2,3
Session2,3
Melbourne N/A
Session1,2,3
Melbourne - The Hotel School
Session1,2,3
Session1,2,3
Online
Session1,2,3
Session1,2,3
Papua New Guinea - IBSU Port Moresby N/A
Perth N/A
Session1,2,3
Sydney N/A
Session1,2,3
Sydney - The Hotel School
Session1,2,3
Session1,2,3

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

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.

On completion of this unit, students should be able to:
1 demonstrate an understanding of, and the ability to use, basic quantitative skills required in economics and a business environment
2 apply quantitative techniques to solve problems from economics and business
3 communicate quantitative ideas, processes and results effectively at different levels of formality
4 use an appropriate spreadsheet or statistical software in quantitative calculations
5 assess and reflect on their quantitative skills, strengths and learning style.

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

  1. demonstrate an understanding of, and the ability to use, basic quantitative skills required in economics and a business environment
  2. apply quantitative techniques to solve problems from economics and business
  3. communicate quantitative ideas, processes and results effectively at different levels of formality
  4. use an appropriate spreadsheet or statistical software in quantitative calculations
  5. assess and reflect on their quantitative skills, strengths and learning style.

Prescribed texts

  • No prescribed texts.

  • No prescribed texts.

  • Prescribed text information is not currently available.

  • No prescribed texts.
Prescribed texts may change in future teaching periods.