Business economics

Structure Type: Course
Code: KC00BYT1030
Type: Compulsory
Level: Bachelor
Credits: 3.0 points
Responsible Teacher: Tarhala, Lasse
Teacher Team: Heiskanen, Heikki
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
BIOEL-2013   4 autumn   3.0   2016-08-01   2016-12-31  
KOTU-2013AUTO   2 spring   3.0   2015-01-02   2015-07-31  
KOTU-2013KOTU   2 spring   3.0   2015-01-02   2015-07-31  
RAK-2013LVI   3 autumn   3.0   2015-08-01   2015-12-31  
RAK-2013RASU   3 autumn   3.0   2015-08-01   2015-12-31  
RAK-2013TUTE   3 autumn   3.0   2015-08-01   2015-12-31  
KOTU-2014AUTO   2 spring   3.0   2016-01-01   2016-07-31  
KOTU-2014KOTU   2 spring   3.0   2016-01-01   2016-07-31  
RAK-2014LVI   1 spring   3.0   2015-01-02   2015-07-31  
RAK-2014RASU   1 spring   3.0   2015-01-02   2015-07-31  
RAK-2014TUTE   1 spring   3.0   2015-01-02   2015-07-31  

Learning Outcomes

Upon completion of the course students will be competent in:
- obtaining information and analysing the economy of a business using it.
- creating the necessary meters for measuirng the economy of a business to facilitate management.
- creating alternative investment calculations.
- applying their communication skills in the presentation of economic reports.
- interpreting indicators to determine the relationship between a company's growth, profitability and financing.
- summarising a company's operations in theory and in practice.

Student's Workload

Will be announced at the beginning of the course.

Prerequisites / Recommended Optional Courses

No previous studies are required.

Contents

- Innovations, business ideas and necessary investments for obtaining resources
- Choosing a company type and establishing a company
- Business operations: production, financial management, marketing and organisation of operations
- Strategic footage in operations and balanced meters
- Internal accounting, taxation and financing

Recommended or Required Reading

- Lecturer's material
- Game guidebook for business expertise and management

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures
- Exercises
- Business simulation game

Assessment Criteria

Grading will be announced during the course.

Assessment Methods

- Active participation in the lessons
- Completed exercises and assignments
- Market value of students' company in the business simulation

Work Placement

None

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