Economics (5 cr)

Code: LD00EG58-3026

General information

Enrollment: 07.12.2022 - 08.01.2023
Registration for the implementation has ended.

Timing: 16.01.2023 - 12.05.2023
Implementation has ended.

Number of ECTS credits allocated: 5 cr

Mode of delivery: On-campus

Unit: (2019-2024) School of Business

Campus: Leiritie 1

Teaching languages: Finnish

Seats: 20 - 35

Degree programmes: Economics and Business Administration

Teachers: Marko Korkeakoski

Teacher in charge: Anne Perkiö

Groups: LXD22S1_6
LXD22S1_6

Course: LD00EG58

Implementation has 9 reservations. Total duration of reservations is 25 h 0 min.

Time	Topic	Location
Mon 20.03.2023 time 11:00 - 14:00 (3 h 0 min)	Kansantalous LD00EG58-3024, Kansantalous LD00EG58-3025, Kansantalous LD00EG58-3026	MMC345 Oppimistila
Tue 21.03.2023 time 12:30 - 15:15 (2 h 45 min)	Kansantalous LD00EG58-3026	MMB243 Oppimistila
Mon 27.03.2023 time 11:00 - 14:00 (3 h 0 min)	Kansantalous LD00EG58-3024, Kansantalous LD00EG58-3025, Kansantalous LD00EG58-3026	MMB101 Auditorio 1 krs.
Tue 28.03.2023 time 12:15 - 15:15 (3 h 0 min)	Kansantalous LD00EG58-3026	MMB243 Oppimistila
Mon 03.04.2023 time 11:00 - 14:00 (3 h 0 min)	Kansantalous LD00EG58-3024, Kansantalous LD00EG58-3025, Kansantalous LD00EG58-3026	MMB101 Auditorio 1 krs.
Tue 04.04.2023 time 12:15 - 15:15 (3 h 0 min)	Kansantalous LD00EG58-3026	MMB243 Oppimistila
Tue 11.04.2023 time 12:15 - 13:30 (1 h 15 min)	Kansantalous LD00EG58-3026	MMB243 Oppimistila
Mon 17.04.2023 time 11:00 - 14:00 (3 h 0 min)	Kansantalous LD00EG58-3024, Kansantalous LD00EG58-3025, Kansantalous LD00EG58-3026	MMC345 Oppimistila
Mon 24.04.2023 time 11:00 - 14:00 (3 h 0 min)	Kansantalous LD00EG58-3024, Kansantalous LD00EG58-3025, Kansantalous LD00EG58-3026	MMC345 Oppimistila

Changes to reservations may be possible.

Objective

Upon completion of the course students will be able to conduct analyses of business behaviour. The student will be able to evaluate economic policy measures and economic forecasts. The student will be able to relate economic variables to business strategy

Content

Introductory microeconomics
- Supply and demand analysis
- Market structures and industry analysis
- Production and costs
- Market failure
Introductory macroeconomics
- The circular flow of income
- Fiscal policy
- Money, interest and monetary policy
- The relationships between macroeconomic variables
- Diversity

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models. The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.