GCNU1015
Manage Your Money without Formulas

GCNU1015
Course Code Offering Department(s) Units & Hours
GCNU1015 MATH (3,3,0)
Download the course syllabus

What is the course about?

GCNU1015 begins with an introduction to different types of interest arisen in e.g., savings, student loans, credit cards, mortgages and life insurance policies, followed by basic growth models and the more complicated annuity models commonly found in Hong Kong. An EXCEL Tutorial will also be included in order to introduce the computer skills needed to model and solve problems using EXCEL spreadsheets. We will also cover more advanced ideas including forecasting trends in interest rates, estimating the market-price behavior, and carrying out simulations. This knowledge will allow students to select the best deals from the overwhelming number of plans offered by Hong Kong financial institutions. Local examples not only provide a sense of familiarity for students, but also make the skills acquired in this course applicable to Hong Kong situations. These examples will help build a strong foundation in logical thinking and problem solving and enable students to use cost-benefit analysis as a decision-making tool in their daily lives. We hope this course will help students learn to enjoy using mathematics in real life.

More information: Course Website

What do the students say about this course?

Real life problems are introduced and analyzed in the class… Students need not to worry about maths in this course, just remember one basic formula, and with the help of Excel, you can do all the calculation.

Full text
Alice Lo

Remarks:

Notes for all GE courses

  • You can take a maximum of 6 additional units of GE courses from any categories as electives.