Enterprise Economics (5 cr)
Code: 5S00EV69-3001
General information
Enrolment period
02.12.2021 - 09.01.2022
Timing
10.01.2022 - 08.05.2022
Credits
5 op
Mode of delivery
Contact teaching
Unit
Electrical and Automation Engineering
Campus
TAMK Main Campus
Teaching languages
- Finnish
Seats
0 - 40
Degree programmes
- Degree Programme in Electrical Engineering
Teachers
- Sami Kalliokoski
- Jarkko Lehtonen
Person in charge
Jarkko Lehtonen
Groups
-
20I231A
Objectives (course unit)
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 (course unit)
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 scale
0-5