General studies

Teaching language


Type of course


Cycle/level of course


Recommended year of study


Total number of ECTS

5 cr

Competency aims

give the students detailed understanding of the economic context within the company

Learning outcomes

At the end of the course the student is expected to be able to:

  • use basic knowledge of Economic Management
  • prepare management reports on costing and profitability
  • analyze profitability from different perspectives in the company

Course contents

Subjects are:

  • Budgeting, Balanced Score Card and Employment Economics
  • Cost and profitability analysis

Prerequisites and co-requisites

Basic Business studies.

Previous course names


Additional information


Recommended or required reading

Andersson, J-O mfl.: Finansiering och kalkylering.
Nieminen,G.2001.Ravintola-alan laskentatoimi.
Kaplan,R & Norton,D.1999.Från strategi till handling:The balanced scorecard.
Tomperi, S:Bokföring i praktiken, 2005.
Rautiainen M,Siiskonen M:Hotellin asiakasliikenne ja kannattavuus.

Study activities

  • Lectures - 10 hours
  • Individual- and group instruction - 26 hours
  • Small-group work - 4 hours
  • Project- and production work/artistic activities - 50 hours
  • Individual studies - 28 hours
  • Internet-based studies - 15 hours


  • Total workload of the course: 133 hours
  • Of which autonomous studies: 133 hours
  • Of which scheduled studies: 0 hours

Mode of Delivery

Participation in tuition

Assessment methods

  • Exams (written-, oral-, home-)
  • Essays, reports, productions and portfolio

Assessment requirements

Exam and report/presentation.
Mandatory attendance at presentations and potential guest lectures


Granström Maj-Britt


Granström Maj-Britt

Group size

No limit

Assignments valid until

12 months after course has ended

Assessment methods

  • 2013-12-03 - Exams
  • 2013-12-11 - Reports and productions

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