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2011/2 Provisional Module Catalogue - UNDER CONSTRUCTION & SUBJECT TO CHANGE
 Module Code: MAN1060 Module Title: BUSINESS MATHEMATICS
Module Provider: School of Management Short Name: MAN1060
Level: HE1 Module Co-ordinator: TURNER J Mrs (SoM)
Number of credits: 15 Number of ECTS credits: 7.5
 
Module Availability
Semester 1
Assessment Pattern

Assessment

 

 

Weighting towards Module Mark (%)

 

2 Hour Examination

 

 

70

 

 

1 Hour Assessment (Class Test)

 

 

30

 

 

Qualifying Condition(s) 

 

 

A weighted aggregated mark of 40% is required to pass the module.

 

 

Module Overview
This module is intended to teach students the tools of Business Mathematics.
Prerequisites/Co-requisites
None
Module Aims
The aim is to equip students with sufficient mathematical tools to use in their L2 and L3 modules.
Learning Outcomes

On completing Business Mathematics students will have the tools to;

 ·        Identify and use appropriate basic mathematical tools including index numbers.

 ·        Present and analyse data. 

 ·        Use probability techniques, recognise different distributions, make inferences and test hypotheses.

 ·        Calculate correlations and demonstrate tools for forecasting, including linear and multiple regression and time series.

·        Apply financial mathematics techniques.

 

 

 

 

Module Content

Basic numeracy, data collection and presentation, descriptive statistics, index numbers, probability, distributions, inference, hypotheses testing, correlation, time series, linear and multiple regression and financial mathematics.

 

 

Methods of Teaching/Learning

Weekly three hour contact time over 11 week teaching semester consisting of;

 ·        One plenary lecture / week

 ·        One tutorial / week

 The plenary lectures illustrate theory, the tutorials demonstrate the practical application of such theory.

 Regular exercises will be set to test students’ understanding on an on-going basis.

 Assessment Strategy:

 The examination and class assessment are designed to test students’ understanding of the module content.

 

 

Selected Texts/Journals

Essential Reading

 Morris, C., (2008). Quantitative Approaches in Business Studies.  7th Ed.   London : FT Prentice Hall.

 All other notes and exercises will be provided by the module convenor.

 

 

Last Updated
15/04/2011