Economic Thinking (5 cr)
Code: 3H00EO57-3004
General information
Enrolment period
08.06.2022 - 09.09.2022
Timing
25.08.2022 - 01.12.2022
Credits
5 op
Mode of delivery
Contact teaching
Unit
Entrepreneurship (Proacademy)
Campus
TAMK Main Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Entrepreneurship and Team Leadership
Teachers
- Tiina Wickman-Viitala
Person in charge
Tiina Wickman-Viitala
Groups
-
22TIJO
Objectives (course unit)
The student knows the basic concepts of economics.
The student understands and is able to calculate the main economic indicators.
The student masters profit margin calculations and understands how the working capital commits to enterprise.
The student knows the basic accounting entries and monthly authoritative announcements.
Content (course unit)
How to carry out day-to-day bookkeeping and what does it include?
How to follow and analyze the economic situation of a company?
How to calculate profit margins and how those calculations can be used?
Where the capital comes from and how is it bind to the operations of the business?
Assessment criteria, satisfactory (1-2) (course unit)
The student can passably identify the basic concepts of economics. With supporting material he is able to explain and calculate the main economic indicators. He knows passably how to calculate profit margins and he knows some ways how to get capital. Together with others he is able to analyze the economic situation of the company, to do basic accounting entries and authoritative announcements.
Assessment scale
0-5