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Economics and global operational environmentLaajuus (5 cr)

Code: LT00FA12

Credits

5 op

Objective

You are able to recognise the key economic phenomena and the interrelationships between them.
You can demonstrate your understanding of different parts of micro and macroeconomics.
You can evaluate the effects of economic events on companies and customers.
You are able to explain the influences of economic policy on different sectors of society.
You can demonstrate your understanding of the global economy.

Content

What does the economy consist of?
What are the different areas of microeconomics and macroeconomics?
How do the different economic events affect companies and consumers?
How do economic policies affect the various sectors of society?
How does a company operate in the global market?

Enrollment

07.04.2025 - 21.04.2025

Timing

01.09.2025 - 31.12.2025

Number of ECTS credits allocated

5 op

Virtual portion

5 op

Mode of delivery

Distance learning

Unit

Department of Business

Campus

Ecampus

Teaching languages
  • Finnish
Seats

20 - 60

Degree programmes
  • Degree Programme in Business Management
Teachers
  • Juha Häkkinen
Teacher in charge

Juha Häkkinen

Groups
  • LTMI25KV
    Business Management, online studies

Objective

You are able to recognise the key economic phenomena and the interrelationships between them.
You can demonstrate your understanding of different parts of micro and macroeconomics.
You can evaluate the effects of economic events on companies and customers.
You are able to explain the influences of economic policy on different sectors of society.
You can demonstrate your understanding of the global economy.

Content

What does the economy consist of?
What are the different areas of microeconomics and macroeconomics?
How do the different economic events affect companies and consumers?
How do economic policies affect the various sectors of society?
How does a company operate in the global market?

Opiskelumateriaali

- Book: Lindholm and Kettunen: Globaali kansantalous, Edita.
- Other material distributed by the teacher and presented on the course pages in Learn.

Yksilölliset oppimisväylät

Independently completed online course. No group work. Kick-off event and contact events online. Completion of the course does not require participation in teaching.

Your studies will be paced according to voluntary group meetings in accordance with the rules of procedure, independent learning assignments and preparation for exams.

Teaching and guidance consists of online remote meetings and various material attached to the course's Learn pages.

The language of implementation and instruction of the course is Finnish.

TKI ja työelämäyhteistyö

The course includes topics related to working life and productivity development. The course does not include special supervised research, development and innovation cooperation and working life cooperation. Guest lectures possible.

Tentit ja muut määräajat

The deadlines for exams, written assignments and other assignments are announced on the course pages in Learn.

The dates of the online meetings will be announced on the course website in Learn.

Kansainvälinen yhteistyö

The course includes a section on international economics. The course does not include supervised international cooperation.

Opiskelijan työmäärä

133 hours. Includes, above all, assignments, familiarization with exam literature and other materials.

Successful completion of the course is largely based on the student's own active study and work.

Toteutuksen osien kuvaus

Parts of implementation:
- Microeconomics
- Macroeconomic

These:
- Two main exams: Microeconomics and Macroeconomics
- Refresher exams or assignments for lecture and other learning materials
- 1-2 written assignments

Further information

The language of implementation and instruction of the course is Finnish.

Evaluation scale

1-5

Assessment methods and criteria

The total score of points obtained for exams, short refresher assignments and written assignments determines the grade achieved. Total score maximum 100 points.

Rating scale:

Assessment - total scores and ratings
0-39 p/% = 0
40-52 p/% = 1
53-64 p/% = 2
65-76 p/% = 3
77-88 p/% = 4
89-100 p/% = 5