Industrial economics (2cr)

Objective

Upon completion of the course, students understand the issues associated with a company's production economics.

Content

- Production planning, productivity, growth, profitability, liquidity and financial solidity
- Investment calculations, budgeting, key ratios
- Rationalization and analysing performed work in the metal industry
- Materials management
- Fundamentals of marketing
- Quality as part of production and general operations

Qualifications

No previous studies are required.

Assessment criteria, satisfactory (1)

Level 1-2; Student knows the basics of the knowledge objectives of the course.

Assessment criteria, good (3)

Level 3-4; Student knows the knowledge objectives of the course well.

Assessment criteria, excellent (5)

Level 5; Student knows the knowledge objectives of the course well and can apply their knowledge in practice.

Materials

Uusi-Rauva, Haverila & Kouri: Teollisuustalous