Economics growth rate is calculated on the basis of rate of growth, compounded annually i.e. the growth of one year will be the part of the basis for the following year’s growth. The typical pattern of the growth of an expanding economy will be an exponential function of time. Basic Mathematics is a comprehensive program that provides a solid, well-balanced approach to teaching math content and building math skills in whole numbers, basic arithmetic operations, and mastery of simple geometry and algebra as it prepares students for the rigors of difficult standards and proficiency tests.
Lecture on Basic Mathematics for Decision Making
