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Business Economics (5 cr)

Code: LTK6035-LTA21L1

General information


Enrollment

01.04.2021 - 30.04.2021

Timing

30.08.2021 - 17.12.2021

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Campus

Wärtsilä Campus Karjalankatu 3

Teaching languages

  • Finnish

Seats

10 - 45

Degree programmes

  • Degree Programme in Mechanical Engineering

Teachers

  • Markku Havu

Teacher in charge

Markku Havu

Groups

  • LTKNS19
    Engineer, Mechanics, Full-time

Objective

You understand and can apply knowledge of business economics in planning, decision making and your own work in business life. You understands conditions and demands of entrepreneurship. You know how to establish a company and how to make a business plan.

Content

- The basis of national economy
- Internal and external accounting
- Marketing
- Production and processes
- Entrepreneurship, entrepreneurial qualities, business idea and its evaluation, business plan, different stages of establishment, business forms and their characteristics, different funding sources and forms of assistance, evaluation of the profitability of a business idea, business and value added tax and other statutory obligations, protection of rights, options for starting a new business, practical establishment procedures, official permits and notifications

Evaluation scale

H-5