The course is included in these curricula and study modules

Im 2005 - 2006 - Economics and management

Level/category

Professional studies

Teaching language

English

Type of course

Compulsory

Recommended year of study

1

Total number of ECTS

5 cr

Competency aims

The aim of the course is to prepare the student for a role as an industrial manager. The course forms a foundation for upcoming more specialized courses, such as Product Development, Industrial Marketing & Pricing and Investments.

Learning outcomes

Having completed the course, the student is expected to: - describe types of companies and their structures - calculate and evaluate measurments for company profitability - describe and apply methods for business-to-business marketing - describe and evaluate methods for industrial production - evaluate and select investment projects

Course contents

Contents: - Company types, organisations - Company economics, profitability, key ratios - B2B Marketing - Costing and pricing - Industrial Production - Investment Evaluation

Prerequisites and co-requisites

None

Previous course names

Industrial Economics 1+2 for 3 cu

Additional information

It is mandatory to perform all course assignments, and to participate in and report on course excursions.

Recommended or required reading

Official course notes (on web): Henry Ericsson, "Industrial Economics", Arcada. Reference literature: Buckley, Martin W. : The Structure of Business, Pitman Publishing, London, 1994. Ruch, Fearon & Wieters: Fundamentals of Production / Operations Management, West Publishing Co., St.Paul 1992.

Study activities

  • Lectures - 30 hours
  • Excursions and demonstrations - 20 hours
  • Exercise based learning - 10 hours
  • Tuition managed by students but supervised by the teacher - 10 hours
  • Individual studies - 65 hours

Workload

  • Total workload of the course: 135 hours
  • Of which autonomous studies: 65 hours
  • Of which scheduled studies: 70 hours

Mode of Delivery

Participation in tuition

Assessment methods

  • Exams
  • Demonstrations and presentations
  • Reports and productions

Teacher

Ericsson Henry

Examiner

Ericsson Henry

Home page of the course

http://people.arcada.fi/~henry

Group size

No limit

Assignments valid until

12 months after course has ended

Assessment methods

  • Date of examination will be announced later - Exams
  • Date will be announced later - Demonstrations and presentations
  • Date will be announced later - Reports and productions

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