Skip to main content

Introduction to Economics (4 cr)

Code: KD00CU53-3005

General information


Enrollment

11.11.2024 - 19.02.2025

Timing

17.03.2025 - 25.05.2025

Credits

4 op

Teaching languages

  • English

Degree programmes

  • Bachelor of Business Administration, International Business

Teachers

  • Jorma Imppola

Student groups

  • IB24A
    Bachelor of Business Administration, International Business

Objective

- Student can interpret the basic fundamental concepts of economics.
- Student can define the basic features of micro- and macroeconomics.
- Student can present the basic structures, current status and development directions of economics.
- Student can explain the connection between the company activities and the economics entirety

Content

- Basic concepts of national economy
- Growth in the economy and economic fluctuations
- Different economic systems
- Basics of micro and macro economy monetary systems and inflation

Materials

- Lecture materials
- Other material announced by the lecturer

Teaching methods

- Lectures 27 h
- Writing assignment which is presented at the seminar during the last session 80 h

Student workload

Total work load of the course: 108 h
- of which scheduled studies: 27 h
- of which autonomous studies: 81 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

Student can satisfactory interpret the basic fundamental concepts of economics. Student can satisfactory define the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can satisfactory explain the connection between the company activities and the economics entirety.

Assessment criteria, good (3)

Student can interpret well the basic fundamental concepts of economics. Student can define well the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can explain well the connection between the company activities and the economics entirety.

Assessment criteria, excellent (5)

Student can interpret excellently the basic fundamental concepts of economics. Student can define excellently the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can explain excellently the connection between the company activities and the economics entirety.

Assessment methods and criteria

- Home exam 50%
- Writing assignment and its presentation 50%

Qualifications

No previous studies are required.