Economics (3 cr)
Code: AL00CE32-3005
General information
Enrollment
15.05.2023 - 01.09.2023
Timing
02.10.2023 - 07.12.2023
Number of ECTS credits allocated
3 op
Virtual portion
1 op
RDI portion
1 op
Mode of delivery
67 % Contact teaching, 33 % Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lahti Campus
Teaching languages
- English
Seats
0 - 40
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Jukka-Mikael Rokio
Scheduling groups
- Luennot 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIIB23KBachelor's Degree Programme in International Business 23K Lahti
Small groups
- Luennot 1
Learning outcomes
The student is able to
- describe the basic concepts of micro- and macroeconomics
- recognise the causes and effects for internal balance problems in economy
- understand the special features of labour market
- describe the reasons and consequences of economic fluctuations and the central channels of influence in economic policy
- understand the basic functions of foreign exchange market
Implementation and methods of teaching
Course takes place on autumn term 2023 - begins on week 44. Schedule will be updated in the end of February and information will be delivered to the participants via moodle.
Contact sessions - 3 hours / week ( 3 x 45 minutes ).
Timing and attendance
Academic year 2022 - 2023; autumn term 2023.
Learning material and recommended literature
Material will be uploaded to moodle files folder.
Learning environment
Contact sessions ( 3 x 45 minutes ).
Student time use and work load
Contact sessions ( 3 x 45 minutes ) - all in all 6 contact sessions ( week 44 - week 49 ).
Schedule will be confirmed and delivered to the participants via moodle.
Contents
Main topics of the course:
- background of the science
- basic concepts of micro- and macroeconomics
- employment and labour market
- economic fluctuations
- economic policy
- foreign exchange market
Additional information for students: previous knowledge etc.
None.
Assessment criteria
Individual assignments, assignment package and ( maybe ) final exam.
Assessment scale
1-5
Failed (0)
The criterias ( which are gone through in the first contact session ) are not fulfilled or / and the student don' t follow the deadlines of the course.
Assessment criteria: level 1 (assessment scale 1–5)
Student is familar with the basic concepts of Economics.
Assessment criteria: level 3 (assessment scale 1–5)
Student is familiar with the macroeconomic problems.
Assessment criteria: level 5 (assessment scale 1–5)
Student understands the problems with economic fluctuations and is familiar with main tools of economic policy.