Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues (Free Preview)

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US No.  7468
NQF Level 04
Credits  6

Purpose:
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.

Unit standard range:

  • Range statements are provided for specific outcomes and assessment criteria as needed.

Outcomes:

  1. Use mathematics to plan and control financial instruments.
  2. Use simple and compound interest to make sense of and define a variety of situations.
  3. Investigate various aspects of costs and revenue.
  4. Use mathematics to debate aspects of the national and global economy.

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