BUSINESS NUMERACY

BUS1BUN

Not currently offered

Credit points: 15

Subject outline

Business numeracy is basic maths related to the world in which you both live and will work, and will assist you in satisfactorily completing your business degree program. Skills developed are those which may not have been covered in sufficient depth in the student's secondary schooling. All the applied problems are designed to simulate instances in real life where you would need these maths skills. The curriculum is integrated with the business degree foundation subjects: it is designed to complement the numerical demands of the business foundation subjects in a timely fashion, so as to provide you with the support you require to achieve the intended learning outcomes defined for the business foundation subjects and to meet the math benchmark required of a first year business student.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorGreg Jamieson

Available to Study Abroad StudentsNo

Subject year levelYear Level 1 - UG

Exchange StudentsNo

Subject particulars

Subject rules

PrerequisitesN/A

Co-requisitesN/A

Incompatible subjects BUS1BSM

Equivalent subjectsN/A

Special conditions Students will only be eligible to enrol in this subject if they fail to meet the benchmark set for the Math Diagnostic required of all commencing UG students of the Business School.

Graduate capabilities & intended learning outcomes

01. Analyse and describe basic market data

Activities:
Analysis and reporting of industry data from IBIS World database as part of a SWOT analysis
Related graduate capabilities and elements:
Literacies and Communication Skills (Quantitative Literacy)
Inquiry and Analytical Skills (Creative Problem-solving)

02. Apply formulas in business contexts

Activities:
Using calculators to determine interest rates and interest payments
Related graduate capabilities and elements:
Literacies and Communication Skills (Quantitative Literacy)
Inquiry and Analytical Skills (Creative Problem-solving)

03. Interpret and evaluate business press releases (media statements)

Activities:
Determining business ratios for investor decisions to buy, sell or hold shares
Related graduate capabilities and elements:
Literacies and Communication Skills (Quantitative Literacy)
Inquiry and Analytical Skills (Creative Problem-solving)

04. Solve problems using formulas and graphical techniques

Activities:
Using formula and graphical techniques to find a business break-even-point
Related graduate capabilities and elements:
Literacies and Communication Skills (Quantitative Literacy)
Inquiry and Analytical Skills (Creative Problem-solving)

Subject options

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