Business Models of Circular EconomyLaajuus (2 cr)

Objective

After completing the course, the student • Knows circular economy business models: product as a service, renewability, sharing platforms, product life cycle extension, resource efficiency & recycling • Can use expertise in the development of companies or other organizations in the field • Identifies the financial opportunities and limitations in working life related to circular economy business models • Can name examples of companies utilizing circular economy business models and can develop business ideas based on circular economy business models

Content

Introduction, goals and practices of the course, reflection task Circular economy business models: product as a service, renewability, sharing platforms Circular economy business models: product life cycle extension, resource efficiency & recycling Business visit Developing your own business idea based on circular economy business models

Assessment criteria, satisfactory (1)

The student knows basic structure and business models of circular economy. The student can make a business plan and name subjects infuencing in circular business.

Assessment criteria, good (3)

The student knows basic structure and business models of circular economy. The student can make a business plan and name subjects infuencing in circular business. The student can describe circumstances and justify chosen modes of circular economy operations.The student can evaluate profitability of different business models.

Assessment criteria, excellent (5)

The student knows basic structure and business models of circular economy. The student can make a business plan and name subjects affecting in circular economy business. The student can describe circumstances and justify chosen modes of circular economy operations.The student can evaluate profitability and desciribe different business models in circular economy. The student can produce and analyze developing plans.