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MEL3E – Mathematics For Work and Everyday Life

Course Code: MEL3E
Level: Workplace Preparation
Prerequisite: MAT2L

Course Overview

This course enables students to broaden their understanding of mathematics as it is applied in the workplace and daily life. Students will solve problems associated with earning money, paying taxes, and making purchases; apply calculations of simple and compound interest in saving, investing, and borrowing; and calculate the costs of transportation and travel in a variety of situation. Students will consolidate their mathematical skills as they solve problems and communicate their thinking.

Course Expectations:

By the end of this course, students will:

  • interpret information about different types of remuneration, and solve problems and make decisions involving different remuneration methods;
  • demonstrate an understanding of payroll deductions and their impact on purchasing power;
  • demonstrate an understanding of the factors and methods involved in making and justifying informed purchasing decisions;
  • describe and compare services available from financial institutions;
  • demonstrate an understanding of simple and compound interest, and solve problems involving related applications;
  • interpret information about different ways of borrowing and their associated costs, and make and justify informed borrowing decisions;
  • interpret information about owning and operating a vehicle, and solve problems involving the associated costs;
  • plan and justify a route for a trip by automobile, and solve problems involving the associated costs;
  • interpret information about different modes of transportation, and solve related problems;

Evaluation Structure

Summative assignments, tests and final exams are evaluated using four Categories of Achievement. In this course, the weight given to each category of Achievement is as follows:

Term Work: 70%

Knowledge / Understanding: 25%
Application:  20%
Thinking:  10%
Communication:  15%

Final Assessment:  30%

Culminating Activity:  15%
Final Exam:  15%

Total:  100%

Units of Study:
1. Jobs and Earnings
2. Net Income and Purchasing Power
3. Making Sound Purchasing Decisions
4. Working With Financial Institutions
5. Saving and Investing
6. The Nature of Borrowing Money
7. Owning and Operating A Vehicle
8. Travelling by Automobile
9. Comparing Modes of Transportation

Learning Skills

Feedback will also be provided for student learning skills. Students are expected to reflect the following skills throughout the course:

ResponsibilityOrganizationIndependent Work
CollaborationInitiativeSelf-Regulation

Students will receive each of the following letter grades:
E – Excellent, G – Good, S – Satisfactory, N – Needs Improvement

Required Items

The student is required to bring the following items to class daily:

A binder with lined paperTextbookGraph paper
Pen, pencil, eraser, rulerScientific Calculator

Failure to come to class prepared will affect the student’s learning skills and will thus affect the possibility for success in this course.

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