Mathematics Level 3
COURSE PURPOSE Mathematics is used to manage various financial instruments like insurance, stocks, bonds while helping understand situations like home loans, annuities, and optimising profit through cost analysis. WHAT YOU’LL LEARN Mathematics is used to manage various financial instruments like …
Overview
COURSE PURPOSE
Mathematics is used to manage various financial instruments like insurance, stocks, bonds while helping understand situations like home loans, annuities, and optimising profit through cost analysis.
WHAT YOU’LL LEARN
Mathematics is used to manage various financial instruments like insurance, stocks, bonds while helping understand situations like home loans, annuities, and optimising profit through cost analysis. Additionally, it enables debates on economic aspects such as tax, productivity, and fair resource distribution at both national and global levels.
Curriculum
Curriculum
- 4 Sections
- 14 Lessons
- 3 Days
- Unit 1: Use mathematics to plan and control financial instrumentsASSESSMENT CRITERIA3
- 1.1Plans are sufficient to ensure effective control of financial instruments
- 1.2Calculations are carried out using computational tools efficiently and correctly and solutions obtained are verified in terms of the context
- 1.3Measures used for control purposes are appropriate to the need and are in line with control plans
- Unit 2: Use simple and compound interest to make sense of and define a variety of situationsASSESSMENT 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: Investigate various aspects of costs and revenueASSESSMENT CRITERIA4
- 1.1Values are calculated correctly
- 1.2Mathematical tools and systems are used effectively to determine and describe the relationships between the various aspects of costs and revenue
- 1.3Terminology is used in the correct context
- 1.4Reasonable methods are described for the control of costs and optimisation of profits in relation to given data
- Unit 4: Use mathematics to debate aspects of the national and global economyASSESSMENT CRITERIA3
Requirements
- Grade 10