Showing posts from January 16, 2013

Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues - US 7468

This is a NQF registered programme (SAQA Reg. No 7468).  
This unit standard will be useful to people who aim to achieve recognition at some level in Further Education and Training or to meet the Fundamental requirement of a wide range of qualifications registered on the National Qualifications Framework. 

In this course we explore the following concepts

Use mathematics to plan and control financial instruments including insurance and assurance, unit trusts, stock exchange dealings, options, futures and bondsUse simple and compound interest to make sense of and define a variety of situations including mortgage loans, hire purchase, present values, annuities and sinking fundsInvestigate various aspects of costs and revenue including marginal costs, marginal revenue and optimisation of profitUse mathematics to debate aspects of the national and global economy, including tax, productivity and the equitable distribution of resources.Entry Level Requirements The credit value is based on the as…