Financial Aspects of Personal, Business and National Issues

Finance helps manage household budgets and understand income, expenses, and financial transactions.

Finance helps manage household budgets and understand income, expenses, and financial transactions, while also explaining interest types for investments, inflation, and value changes like appreciation and depreciation. Financial transactions involve analysing costs, prices, revenue, and determining profit or loss.

Course Content

  • Plans describes projected income and expenditure realistically
  • Calculations are carried out using computational tools efficiently and correctly, and solutions obtained are verified in terms of the context
  • Budgets are presented in a manner that makes for easy monitoring and control
  • Actual income and expenditure are recorded accurately and in relation to planned income and expenditure. Variances are identified and explained, and methods are provided for control
  • The differences between simple and compound interest are described in terms of their common applications and effects
  • Methods of calculation are appropriate to the problem types
  • Computational tools are used efficiently and correctly, and solutions obtained are verified in terms of the context or problem
  • Solutions to calculations are used effectively to define the changes over a period of time
  • Values are calculated correctly
  • Mathematical tools and systems are used effectively to determine, compare and describe aspects of the national economy
  • Debating points are based on well-reasoned arguments and are supported by mathematical information
  • Non-accredited: Short course only  
  • Duration: 1h 30m
  • Delivery: Classroom/Online/Blended
  • Access Period: 12 Months 
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