- Course type: Self-paced
- Available Lessons: 68
- Average Lesson Length: 8 min
Eligible for Certificate:
Certificates show that you have completed the course. They do not provide credit.
Watch a preview:chapter 1 / lesson 1What is a Percent? - Definition & Examples
Course SummaryThe lessons included in this Business Math lesson plan course can help make planning your class simple and fun. Create tests, quizzes and study guides by adapting the engaging material provided here in our text and video lessons, quizzes and printable transcripts.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
How It Works
You can use this business math course as a template for designing and implementing your course. Here are the key components of the course and how you can use them:
- Chapters - Each chapter covers a unit of business math, from number sense and linear equations to salvage values and financial analysis. Use these chapters as mile markers as you map out your course. We recommend planning to spend a week on each chapter, but you can always allocate the chapters according to the length of your specific business math course.
- Lessons - Within each chapter are video lessons that further break down topics into bite-sized chunks. These lessons cover single topics like deferred payment price or payroll cost calculations. Each one is often appropriate for a single class.
- Key Terms - Within each lesson are key terms. These are emphasized on screen and in the transcript. As you develop your syllabus, these key terms help you focus on the most important learning objectives. For example, the lesson on depreciation includes key terms like straight-line depreciation and double declining balance depreciation.
As you work on your business math lesson plans, save time by incorporating video lessons from this resource. Here's how:
- Introduce Topics - Your students will be in the right mindset for understanding topics like business math applications if you begin class with a short video. It can be a jumping-off point for a lecture, group activity, or class discussion.
- Break Up Lectures - The video format, which often includes animation, helps students visualize topics like statistical significance and break-even analysis.
- Assign For Homework - Each lesson in the course, from the uses of percents to exchange rates and currency conversion, can be assigned to your students as homework.
Each video lesson includes a complete transcript. You can utilize these transcripts in several ways:
- Lecture Notes - Do you need a guide as you plan a lecture, such as one on linear equations and inequalities? The transcripts cover each topic in depth, with key terms highlighted for quick reference.
- Student Reading - Perhaps you'd like your students to learn about promissory note terms, but you don't have class time available. Assign the transcript as extra reading.
- Study Tools - When it's time for a unit exam on interest and purchases, you can point your students to the transcripts on installment purchases, markup and markdown, effective annual rate, and related topics to help them study.
Each video lesson has a corresponding quiz. Here's how to use the quizzes:
- Homework - Assign a quiz to your students as homework. You'll receive an email with the results, which enables you to verify they've completed the assignment and that they've understood the material. Questions cover everything from common unit conversions to key formulas, like the ones used to calculate the present value of an annuity or effective annual rates.
- Tests - You can meld the material in the quizzes into your own student assessments, saving you valuable time. Need a few questions on business probability and statistics? There are plenty!
- Discussions - Jump-start a discussion with questions like: How can we determine the performance of stocks and bonds?
Below is a sketch of the business math curriculum modeled on a 9-week course. This sample can be adapted based on your course schedule. Navigate the chapters and lessons for more detail.
|Week||Unit||Sample of Topics Covered|
|Week 1||Number Sense||Problems with percents, fractions and decimals, common unit conversions, order of operations, line and bar graphs, pie charts|
|Week 2||Linear Equations and Inequalities||Standard and slope-intercept forms of linear equations, simultaneous linear equations, line graph extrapolation and interpolation|
|Week 3||Graphing and Evaluating Equations and Functions||Graphs of undefined and zero slopes, 1- and 2-variable inequalities, the distance and midpoint formulas, function graphs, domain and range, functions of functions, discontinuities|
|Week 4||Quadratic Equations and Functions||The standard form of a quadratic equation, the quadratic formula, steps for factoring and solving quadratic equations, completing the square|
|Week 5||Probability and Statistics for Business||Measures of central tendency, standard deviation, statistical significance, probability of independent and dependent events, expected value, percentiles|
|Week 6||Depreciation & Salvage Values||Methods of depreciation, partial-year depreciation, accelerated depreciation methods, change in estimate, depreciation reporting|
|Week 7||Interest & Purchases||Index numbers, credit terms, installment purchases, deferred payment and cash prices, markup and markdown, effective annual rate, promissory notes|
|Week 8||Math for Financial Analysis||The time value of money, annuities, break-even analysis, financial ratio calculations, stock and preferred stock performance, bond yield|
|Week 9||Business Math Applications||Payroll cost calculations, property tax calculations, exchange rates, currency conversion|
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