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Personal Economic Management (5 cr)

Code: 3H00DZ53-3009

General information


Enrolment period

21.11.2022 - 31.12.2022

Timing

16.01.2023 - 05.03.2023

Credits

5 op

Virtual portion

5 op

RDI portion

3 op

Mode of delivery

Distance learning

Campus

TAMK Main Campus

Teaching languages

  • Finnish

Seats

0 - 40

Degree programmes

  • Degree Programme in Business Administration

Teachers

  • Mari Stenvall

Person in charge

Mari Stenvall

Groups

  • 23CAMPUSONLINE
    CAMPUSONLINE
  • VAPAA

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

Further information (course unit)

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

Assessment scale

Pass/Fail