Introduction to Economics (4cr)

Code: LT00DT29-3001

General information

Enrollment: 22.04.2025 - 03.09.2025; Registration for the implementation has ended.

Timing: 25.08.2025 - 19.12.2025; Implementation is running.

Number of ECTS credits allocated: 4 cr

Local portion: 0 cr

Virtual portion: 4 cr

Mode of delivery: Distance learning

Unit: SeAMK Business Management and SME Business Management

Campus: SeAMK Seinäjoki, Frami

Teaching languages: Finnish

Degree programmes: Bachelor of Business Administration, SME Business Management

Teachers: Jorma Imppola

Scheduling groups: Avoin AMK (Ei koske tutkinto-opiskelijaa) (Size: 5 . Open UAS : 5.)

Groups: MPK25
Bachelor of Business Administration, SME Business Management

Small groups: Open UAS (Doesn't apply to degree student)

Course: LT00DT29

Evaluation scale

1-5

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.
- Student can interprete basic descriptive statistics.

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
- Basics of reading statistics

Materials

- Lecture materials available at Moodle
- Other materials announced by the lecturer

Teaching methods

- Hybrid lectures (normal lectures with Teams -connection available)
- Written assignment

Exam schedules

Home exam

Student workload

Total work load of the course: 108 h
- of which lectures 8 h
- and autonomous work: 100 h

Assessment criteria, satisfactory (1)

Student can satisfactorily interpret the basic fundamental concepts of economics. Student can satisfactorily define the basic features of micro- and macroeconomics. Student can satisfactorily present the basic structures, current status and development directions of economics. Student can satisfactorily 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 entiretyily

Qualifications

No previous studies are required.