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ECON1111 Quantitative Methods for Business and Economics: - With the in-depth study of this academic course scholars will get to know that this study unit is developed to make quantitative abilities of the scholars to the standard needed for further research in business and other related areas. There are so many topics which are involved in this study unit like basic calculus, probability, non-linear and linear functions, financial mathematics and introductory statistics.
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- Describe the shape of functions with the use of calculus techniques
- understand the concepts of discrete random variables and events, and fundamental properties of probabilities
- solve unknowns in equations representing economic concepts and business activities
- compute the present value of assets and use compound interest rates to analyse returns of financial data
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