Courses Catalogue

Quantitative Methods

COURSE CODE: STA 1201
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Business Administration: International Business, B.Sc
COLLEGE/SCHOOL/FACULTY: College of Economics and Management
STATUS: Core
PROGRAMME TYPE: Undergraduate

Course Description

The course introduces students to a number of quantitative models proven effective in solving certain classes of managerial problems.

Due to the economic view of having limited resources, students will be able to utilize the limited resources competitive managers.

EXPECTED LEARNING OUT COMES;

By the end of the course unit, students should be able to;

  • Explain how to utilize the limited resources to maximize profits since most techniques are problem solving
  • Describe and explain situations where the resources are limited and be able to integrate demand and supply
  • Equip students with skills of making important managerial and independent decisions.
  • Name various economic indexes that can be useful in solving problems
  • Define the role of quantitative methods in the business world toady and the validity of these techniques.
  • Apply the knowledge of quantitative techniques in the managerial decision making process.
  • Describe, understand and interpret the results of a research study after analysis of different variables and to give solutions.