Business Mathematics

Course Overview

In the  Business  Math course, students gain knowledge of the specific applications of mathematics in the business world. They begin with the mathematical aspects of personal business, and move into banking, real estate, vehicles, and insurance. They become familiar with manufacturing and employment costs, discounts, maintenance costs, professional services, marketing costs, and business accounting. Course topics include:

• Wages and Salaries
• Taxes, Insurance, and Budgeting
• Banking
• Stocks and Bonds
• Credit
• Mortgages and Real Estate
• Vehicle Costs
• Health Insurance
• Profits and Pricing
• Manufacturing – Break-Even Analysis and Quality Control
• Employees – Salary, Benefits and Insurance
• Profits, Sticker Price, and Discounts
• Inventory Considerations and Business Expenses
• Sales Potential, Market Share and Sales Projections
• Balance Sheet and Analysis
• Taxes, Borrowing, and Inflation