Industrial Development (3cr)

Evaluation scale

1-5

Content scheduling

• Theories and models of industrial development
• Finland industrial development
• Industrial policy and government intervention
• Finland’s industrial development & policies
• Technological innovation and its impact on industries
• Infrastructure and supply chain management
• Sustainable industrialization and environmental considerations
• Sustainability and the market
• Case studies of industrial growth in different regions

Objective

The student can use the basic concepts of industrial management. The student understands the relationships between the various functions in a business. The student can use the basic tools used in production management and business planning. The student can find the interdependencies of a company and its interest groups

Content

- Introduction of industrial management
- Production systems
- Production planning systems
- Ideal factory
- Production types
- Corporate planning

Materials

• Ray, Devraj, Development Economics, Oxford India, 27th Impression, 2017
• All materials from the lecture and case study will be available in MOODLE.

Teaching methods

The Industrial Development course employs a blended teaching approach that combines theoretical instruction with practical application to ensure comprehensive understanding and skill development. The methods include: Lectures and interactive discussions, case studies, group projects, research assignments. These methods aim to balance theory with practical and real-world experience.

Student workload

There will be total of 81 hours.
- 20 hours for lecturing and in-class activities
- 53 hours for Individual or teams activities
- 8 hours for presentations

Assessment criteria, satisfactory (1)

The student can use satisfactorily the basic concepts of industrial management. The student understands satisfactorily the relationships between the various functions in a business. The student can satisfactorily use the basic tools used in production management and business planning. The student can satisfactorily find the interdependencies of a company and its interest groups.

Assessment criteria, good (3)

The student can use well the basic concepts of industrial management. The student understands well the relationships between the various functions in a business. The student can well use the basic tools used in production management and business planning. The student can well find the interdependencies of a company and its interest groups.

Assessment criteria, excellent (5)

The student can use excellently the basic concepts of industrial management. The student understands excellently the relationships between the various functions in a business. The student can excellently use the basic tools used in production management and business planning. The student can excellently find the interdependencies of a company and its interest groups.

Qualifications

No prerequisites