Financial aspects of personal, business and national issues
Course Purpose Finance helps manage household budgets and understand income, expenses, and financial transactions. What you’ll learn Finance helps manage household budgets and understand income, expenses, and financial transactions, while also explaining interest types for investments, inflation, and value changes …
Overview
Course Purpose
Finance helps manage household budgets and understand income, expenses, and financial transactions.
What you’ll learn
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..
Duration: 1 Day
Featured Course
Basic Microsoft Excel
Course Curriculum
Curriculum
Curriculum
- 3 Sections
- 11 Lessons
- 1 Day
- Unit 1: Use mathematics to plan and control personal, regional and/or national budgets and income and expenditureASSESSMENT CRITERIA4
- 1.1Plans describe projected income and expenditure realistically.
- 1.2Calculations are carried out using computational tools efficiently and correctly and solutions obtained are verified in terms of the context.
- 1.3Budgets are presented in a manner that makes for easy monitoring and control.
- 1.4Actual income and expenditure is recorded accurately and in relation to planned income and expenditure. Variances are identified and explained and methods are provided for control.
- Unit 2: Use simple and compund interestASSESSMENT CRITERIA4
- 1.1The differences between simple and compound interest are described in terms of their common applications and effects.
- 1.2Methods of calculation are appropriate to the problem types.
- 1.3Computational tools are used efficiently and correctly and solutions obtained are verified in terms of the context or problem.
- 1.4Solutions to calculations are used effectively to define the changes over a period of time.
- Unit 3: Aspects of national economyASSESSMENT CRITERIA3
Requirements
- Grade 10
- NQF Level 2
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Course Features
- Lectures 11
- Quiz 0
- Duration 1 day
- Skill level All levels
- Language English
- Students 2000
- Assessments Yes