A student taking their first course in business mathematics might wonder how necessary a textbook for such a course may be. After all, don't most students already know basic mathematics by the time they reach college or business school? The truth is when people talk about business mathematics they are talking about something very specific and in some ways unique from the basic mathematics taught in grammar school.
Business mathematics is used by commercial enterprises in order to record and manage their operations. Most such courses are usually taken at the undergraduate level by business students, although sometimes they can be offered at the high school level to those who do not intend to go to college or who wish to pursue an associate's degree. Two of the more advanced such courses at the college level are Business Calculus and Statistics. At the high school level the course might be geared toward the average person and called something like Consumer Math. In nearly all of these courses there is an emphasis on practicality and the types of problems typically encountered in commerce and everyday life.
The sort of practical subjects that might be discussed in these textbooks include computing interest, handling checking accounts, setting prices, calculating payroll and issues involving credit, interest and mortgages. Such subjects may require the book to include a review of some aspects of elementary arithmetic, elementary algebra, decimals and other forms of mathematics useful in addressing a wide array of practical commercial problems. Formulas are also reviewed.
Assignments in business math textbooks usually involve trying to solve real-life problems a person might encounter in the commercial world, both as an owner and a consumer. The textbook presents the kind of real-life scenarios that people in business and in their role as consumers encounter on a regular basis. At the same time, the textbook attempts to explain the various options that exist to resolve these problems.
A good business math textbook is essential to the successful understanding of the many forms of financial interaction discussed in these courses. To acquire or rent a textbook required for class visit a reputable textbook supplier. If the supplier has a book buyback program as well, then that will enable the student to recoup a significant portion of the purchase price. In any case, the business math textbook is a valuable companion to successfully completing the course and pursuing a career in this field.
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