Discipline: Business Degree Credit  [X]
Non Credit  [ ]
Nondegree Credit  [ ]
Comm Service  [ ]
 

Riverside Community College District
Integrated Course Outline of Record

Business 20


COURSE DESCRIPTION
20 Business Math Units: 3.00
 
Prerequisite: None.
 
Application of fundamental problem solving concepts, techniques, and skills relating to the quantitative aspects of business. The development and solution of first degree equations in the areas of percentage, merchandise pricing, negotiable instruments, credit, depreciation, and inventory will be emphasized. 54 hours lecture.
 
SHORT DESCRIPTION FOR CLASS SCHEDULE
Review of basic math and its application to business percentages, pricing, depreciation, and inventory.
 
ADVISORY ENTRY SKILLS
None.

STUDENT LEARNING OUTCOMES
 Upon successful completion of the course, students should be able to:

1.   Demonstrate speed and accuracy in analyzing the fundamental
      processes of mathematics commonly used in making business
      calculations.

2.   Explain, analyze, apply principles, and solve problems within the
      subject matter.

3.   Compare and discriminate between mathematical processes in
      order to select the appropriate process to apply to common
      business mathematical problems.

4.   Demonstrate an understanding of mathematical skills required in
      other business subjects such as accounting, management,
      marketing and computer operations.
 
COURSE CONTENT
  TOPICS
 
  1. Improving skills in addition, subtraction, division and multiplication
  2. Working with common fractions and decimals
  3. Solving for an unknown; algebra
  4. Percents and their applications
  5. Discounts, trade and cash
  6. Markups and markdowns
  7. Simple interest, compound interest, and present value
  8. Notes and other financial instruments
  9. Annuities
  10. Discounting interest notes and consumer credit
  11. Financial Reports
  12. Depreciation
  13. Inventory
 
METHODS OF INSTRUCTION
 Methods of instruction used to achieve student learning outcomes may include, but are not limited to:

  • Present lectures to explain and describe business concepts that
     involve mathematical calculations.
  • Develop and assign exercises to reinforce concepts and encourage students to apply them to various situations that occur in the business environment.
  • Present case studies and problems to provide students with the opportunity to utilize concepts learned in class to analyze and solve the problems.
  • Instruction may take the form of online, hybrid, TV or other distance learning format.
 
METHODS OF EVALUATION
 Students will be evaluated for progress in and/or mastery of learning outcomes by methods of evaluation which may include, but are not limited to:

  • Individual, small group, or paired activities designed to allow students to demonstrate understanding of business mathematics concepts.
  • Quizzes, exams and in-class participation demonstrating proficiency in the subject matter.
  • Quizzes and/ or examinations designed to assess the student learning outcomes.
  • Individual web projects designed to assess student proficiency in achieving the student learning outcomes.
  • Final examination designed to provide objective evidence that students have attained the level of proficiency expected in the areas detailed in the Student Learning Outcomes.
ASSIGNMENTS

Required Reading Assignments


Required Writing Assignments


Other Outside-of-Class Assignments
 
COURSE MATERIALS
 All materials used in this course will be periodically reviewed to ensure that they are appropriate for college level instruction. Possible texts include:

  • Slater, Jeffrey. Practical Business Math Procedures. 8th ed. McGraw-Hill/Irwin, 0.
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