Personal Economic Management (5 cr)

Objectives (course unit)

The course examines personal use of money and discusses its leading psychological causes. The course focuses on the management of your own economy and the planning and implementation of a surplus economy. In the course, the student learns to understand, for example, the interest rate over interest rate-principle, the 80/20 logic, the buckling of the loans and the causes of the loss of personal credit track. The student prepares a personal financial plan.

After completing the course the student
• is able to critically consider spending money now and in the future
• possesses own financial management
• understand the psychological factors associated with your own cash flow
• knows how to create a surplus economy
• understand the Interest Rate Principle and know how to make a personal financial plan

Content (course unit)

Modules
1. Introduction to the Course: Personal usage of money
2. How are we used to spend money and how the emotions are involved?
3. Managing Your Own Economy
4. 80/20 Principle and Surplus Economy
5. Interest on Interest and Final Summary

Assessment scale

0-5

Further information

The course is an online course and includes
• online learning on the basis of material provided in the Tabula
• group activities
• independent work