IDEATE
Diploma Program Course Outlines
ID8 Financial Mathematics
Economists, business leaders and politicians are continually striving for financial security, stability and growth. Everyday mathematical concepts are essential for understanding the world of finance and how global economics impact citizens around the world. Through the Financial Mathematics course, students will be able to use mathematical concepts to independently model, analyze and extrapolate financial and economic scenarios to suggest best case solutions. Students will use mathematical thinking to understand and make connections with macro and micro-economics, policy enactment and taxation, debt and debt management, public and private enterprises, personal wealth stability and shared resources.
Students will begin their exploration by investigating their individual role in China’ s economy and then extend to explore the relationships China has with global partners. Building on a prior knowledge of math, the following concepts will be extended; functions, statistics, calculus, algebra and trigonometry that best represents the contexts given. Students will move fluently between different forms of representations in math in order to choose the best mathematical concept for the scenario explored.
Financial Math
Module Name Personal Finance
Transfer Goal
Use mathematical concepts and operations to analyse the best options for personal finance.
China’ s Economy Use logical reasoning to analyse and justify possible consequences of policy. World Economy Mathematically model potential solutions to global financial issues. Student Choice Develop an independent idea to solve an identified problem using Math.
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