Enterprise Economics and Electricity MarketLaajuus (5 cr)

Objectives

The student understands the basics of industrial accounting. The student masters the basics of cost accounting, investment calculations and budgeting and is able to apply them in electrical business. The student understands the key elements of financial statements and is able to analyze them.

The student understands the various functions of industrial activities and their added value (eg Marketing, Product Development, Production, Purchasing, Logistics) and the connection between them from the point of view of business management and operations. Is able to critically and comprehensively look at and connect the opportunities offered by IoT and sustainable development (eg circular economy) in industrial business.

The student understands the laws and operating principles of the electricity market.

Content

Management accounting, cost accounting, financial reporting and industrial investment.
Marketing, product development, production and purchasing, and operations management in an industrial setting.
Utilization of Iot in Industrial Business
Sustainable development
Electricity market

Assessment criteria, satisfactory (1-2)

Opiskelija tunnistaa tuotantotalouden ja sähkömarkkinoiden tärkeimmät peruskäsitteet ja reunaehdot. Opiskelija tiedostaa aihepiiriä hallitsevat lait ja suoriutuu annetuista tehtävistä, tarvittaessa avustettuna.

Assessment criteria, good (3-4)

Opiskelija tuntee tuotantotalouden toimintoja ja sähkömarkkinoita hallitsevat lait, käsitteet ja reunaehdot. Opiskelija suoriutuu itsenäisesti annetuista tehtävistä.

Assessment criteria, excellent (5)

Opiskelija hallitsee hyvin tuotantotalouden ja sähkömarkkinoiden osa-alueet ja pystyy soveltamaan taitoaan erilaisiin aihepiirin tehtäviin.