•   Basic Course in Business Economics TKV22GF01-3020 03.03.2025-04.05.2025  3 credits  (UIT24D-V) +-
    Competence objectives of the study unit
    After passing the course, the student is expected to be able to;
    - identify and describe basic concepts in business administration with a focus on the industrial context
    - explain the importance of profitable business activities in the long term linked to the possibility of existence and growth for business operations- describe the basic conditions, opportunities, challenges and threats of the private enterprise
    - make simple calculations in business economics
    - compare and evaluate different industries and refer to the business cycle in a dialogue
    - relate to law and taxation in business operations
    Prerequisites
    -
    Content of the study unit
    - industrial business, national and international
    - about business ideas, forms of business, markets, customers and users
    - the building blocks of profitability in the short and long term
    - the company: owners, management, various functions, industry affiliation, technological height and special characteristics
    - the company and the outside world, competitors, collaboration partners, basic reporting requirements, market information and networks
    - Fundamentals of finance, law and taxation
    Assessment criteria
    Assessment criteria – satisfactory (1-2)
    Justifiable; The student describes theory formation and concepts partially flawed both in the exam and in the exercises. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.
    Assessment criteria – good (3-4)
    Good; The student uses theorizing and concepts in the exam and exercises almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application or in response to exam questions.
    Assessment criteria – excellent (5)
    Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the exam and in the exercise work include motivations, comparisons and take a stand and propose development.
    Name of lecturer(s)

    Kaj Wikman

    Learning material

    See course realization plan.

    Learning methods

    - the course is completed by attending lectures and submitting a final project.

    Teaching language

    Swedish

    Timing

    03.03.2025 - 04.05.2025

    Enrollment date range

    01.12.2024 - 02.03.2025

    Group(s)
    • UIT24D-V
    Small group(s)
    • ELA24-Y (Size: 40.
    • ELA24-S (Size: 40.
    • UIT24 (Size: 40.
    Teachers and responsibilities

    Kajsa From, Monika Kärkkäinen

    Degree Programme(s)

    Degree Programme in Information Technology

    RDI share

    0.00 credits

    Share of online studies

    0.00 credits

    Assessment scale

    H-5

    Timing and attendance

    Vaasa Campus, spring 2025.

    Student's schedule and workload

    81 h

    Assessment criteria
    Assessment criteria – satisfactory (1-2)

    Justifiable; The student describes theory formation and concepts partially flawed in the exercise. He does not use theory and concepts entirely correctly, which gives incorrect calculation results for comparison, defense of solutions, decisions and proof.

    Assessment criteria – good (3-4)

    Good; The student uses theorizing and concepts in exercise almost correctly. Calculations, comparisons, defenses and proofs have a good theoretical foundation for application.

    Assessment criteria – excellent (5)

    Excellent; The student bases his descriptions, applications and calculations on relevant theory and concepts. Explanations in the final project include motivations, comparisons and take a stand and propose development.