Mathematical Studies

Assessment

Pupils will learn how to apply mathematics to analyse situations, giving them the confidence they need to tackle problems in their adult lives. Examples of topics to be covered include using different data sources to determine changes to average house prices over the course of a year and how to calculate the value of a mortgage loan in any given year. Students will also develop a more advanced understanding of statistics, financial mathematics and modelling for example, understanding investments, analyzing trends in population growth or calculating new ways to improve a process. There will also be an emphasis on using mathematics in business settings, with pupils asked, for example, to calculate costs, estimate demand and set a selling price for products in order to maximize profits.