Economics (3 cr)
Code: AL00CE32-3011
General information
Enrollment
20.11.2024 - 03.01.2025
Timing
09.01.2025 - 21.02.2025
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
Lappeenranta Campus
Teaching languages
- English
Seats
20 - 50
Degree programmes
- Bachelor's Degree Programme in International Business
Teachers
- Mia Ekman
Scheduling groups
- Luennot (Size: 0. Open UAS: 0.)
Groups
-
LLPRIB24SBachelor's Degree Programme in International Business 24S Lappeenranta
Small groups
- Lectures
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
Contact lessons
Individual assignments
Case assignment in groups
Timing and attendance
Participation in contact lessons is highly recommended.
Learning material and recommended literature
All material will be provided in Moodle.
Working life cooperation
Possible visiting lecturer from local business, International Week visitors (week 7).
Learning environment
Contact lessons
Student time use and work load
1 ECTS = 27 h of student's work.
Contents
Major topics:
- the basic concepts of micro- and macroeconomics
- employment, unemployment and labour market
- macroeconomic problems and economic policy
- foreign exchange market
Additional information for students: previous knowledge etc.
No prior requirements.
Assessment criteria
Assignments
Exam
Everything will be discussed on the first lesson.
Assessment scale
1-5
Failed (0)
Student does not reach the learning objectives.
Assessment criteria: level 1 (assessment scale 1–5)
Student reaches the learning objectives and in the assignments shows a satisfactory level of knowledge and competence in the subjects covered in the course.
Assessment criteria: level 3 (assessment scale 1–5)
Student reaches the learning objectives and in the assignments shows a good level of knowledge and competence in the subjects covered in the course.
Assessment criteria: level 5 (assessment scale 1–5)
Student reaches the learning objectives and in the assignments shows an excellent level of knowledge and competence in the subjects covered in the course.