Welcome to BusinessMathMania!
This area was created to help us explore a wide variety of topics related to teaching business math. It's an area in which we can keep up to date on all issues and innovations in teaching real-world applications related to business math.
Please share your ideas, experiences, and research that promote learning and comprehension. For example, share activities that extend the classroom and expand learning opportunities for your students in the workplace. Also, share ways in which you have developed problem-solving skills, addressed ethics in the workplace, and developed team-building skills. Let us know how you have integrated technology into your classroom.
This blog can serve as a partner, mentor, and resource. Join us!
7 comments:
I'm seeing if this works.
We have a chapter on percents. How would you go about teaching percents from the business aspect?
The last 2 comments are from Marilyn Larsen from the AT&T course. I'm glad you allow the anonymous comments - it only works for me that way.
Businesses frequently use percents to express various increases and decreases between two or more numbers, or to express only an increase or decrease. In our daily news, we see ways businesses express numbers in terms of percents. For example, we use percents in calculating loan charges, figuring real estate commissions, explaining property tax amount and property insurance premiums, and calculating a raise for employees in a department or the entire organization.
When students study percents, they will quickly see why they must understand the conversion relationship between decimals, percents, and fractions. Once they can do these conversions, they are ready to apply percents to personal and business situations.
To teach percents, teach the conversions (decimals to percents, percents to decimals, frations to percents, and percents to fractions) first; teach the application of percents (formulas for finding base, rate, and part). Finally, teach students to identify an increase or a decrease problem.
If students understand these main concepts, they will be able to calculate their business math problems.
what a great start! Be sure to keep it up.
-Charles
The blog looks great. I hope it works out. Everything needs a place on the net to talk about it, hope this becomes one of the places people come to talk Business Math
This looks wonderful! I wish I had a teacher who would have taught the real world applications in math (I might have understood it better).
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