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Introduction to Business EconomicsLaajuus (5 cr)

Code: 4_ERXP810

Credits

5 op

Teaching language

  • English

Learning objectives

The course will introduce the students to economic thinking and gives an overall picture of company's economic environment and profitability. The students will get a comprehensive view of the role that accounting has in business operations and in the decision-making process. The students will learn the basics of different cost concepts and cost-volume-profit analysis as well as income statement and balance sheet.

Content

The features of main business processes: real process and monetary process
The role of accounting in the decision-making process
The behavior of costs
Cost-volume-profit analysis and financial calculations
Financial statement analysis profitability, liquidity and solvency
Challenges faced by companies operating in an international environment
Basics of marketing, marketing process of products and services
The concepts of entrepreneurship and the forms of enterprises

Prerequisites

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Qualifications

No prerequisites

Enrollment

01.12.2024 - 15.01.2025

Timing

07.01.2025 - 31.05.2025

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Jari Niemelä
Responsible person

Jari Niemelä

Student groups
  • EA22SP
    Bachelor of Civil and Construction Engineering, Construction Architect, Full-time studies (Bachelor's degree)

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Enrollment

01.12.2024 - 15.01.2025

Timing

07.01.2025 - 30.04.2025

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

0 - 50

Teachers
  • Ari Jääskeläinen
Responsible person

Ari Jääskeläinen

Student groups
  • ERR22SY
    Infrastructure construction, Full-time studies (Bachelor's degree)
  • ER22SPRA
    Construction management, Structural design

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 40h
Simulation classes 22h
Simulation work independently and in groups or totally in groups 42h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.08.2024 - 15.09.2024

Timing

04.09.2024 - 10.12.2024

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

0 - 32

Teachers
  • Ari Jääskeläinen
Student groups
  • EY21SP
    Ympäristötekniikka

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 40h
Simulation classes 22h
Simulation work independently and in groups or totally in groups 42h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.08.2024 - 15.09.2024

Timing

04.09.2024 - 10.12.2024

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Ari Jääskeläinen
Responsible person

Ari Jääskeläinen

Student groups
  • ER22SPT
    Bachelor of Construction Engineering, Building construction production

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 40h
Simulation classes 22h
Simulation work independently and in groups or totally in groups 42h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.08.2024 - 15.09.2024

Timing

01.09.2024 - 29.11.2024

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Jari Niemelä
Responsible person

Jari Niemelä

Student groups
  • EM22SM
    Bachelor of Construction Management, Multi-form studies (Bachelor's degree)

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Enrollment

01.12.2023 - 15.01.2024

Timing

08.01.2024 - 19.04.2024

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Ari Jääskeläinen
Student groups
  • ERR21SY
    Infrarakentaminen
  • ERR21SR
    Rakennesuunnittelu

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 50h
Simulation classes 22h
Simulation work independently and in groups 35h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.08.2023 - 15.09.2023

Timing

06.09.2023 - 23.10.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • Finnish
Teachers
  • Jari Niemelä
Responsible person

Jari Niemelä

Student groups
  • EM21SM
    Rakennusmestarin tutkinto-ohjelma (monimuotototeutus)

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Enrollment

01.08.2023 - 15.09.2023

Timing

04.09.2023 - 20.12.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • Finnish
Teachers
  • Jari Niemelä
Responsible person

Jari Niemelä

Student groups
  • EA21SP
    Rakennusarkkitehti

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Enrollment

01.08.2023 - 15.09.2023

Timing

01.09.2023 - 08.12.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

15 - 40

Teachers
  • Ari Jääskeläinen
Responsible person

Ari Jääskeläinen

Student groups
  • ERR21ST
    Talonrakennustuotanto

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 40h
Simulation classes 22h
Simulation work independently and in groups or totally in groups 42h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.08.2023 - 15.09.2023

Timing

01.09.2023 - 08.12.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Seats

15 - 40

Teachers
  • Ari Jääskeläinen
Responsible person

Ari Jääskeläinen

Student groups
  • EY20SP
    Ympäristötekniikka

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.

Enrollment

01.12.2022 - 15.01.2023

Timing

16.01.2023 - 14.04.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Jari Niemelä
Responsible person

Jari Niemelä

Student groups
  • EA20SP
    Rakennusarkkitehti

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.

Enrollment

01.12.2022 - 15.01.2023

Timing

09.01.2023 - 21.04.2023

Credits

5 op

Mode of delivery

Contact teaching

Teaching languages
  • English
Teachers
  • Ari Jääskeläinen
Responsible person

Ari Jääskeläinen

Student groups
  • ERR20SR
    Rakennesuunnittelu
  • ERR20SY
    Infrarakentaminen

Teaching methods

Lectures, exercises, exam: 50% of the course grade
Cesim Firm Beicco simulation process: 50% of the course grade

Cesim Firm simulation is an essential part of the course, integrating the various topics in the form of a business game. Therefore, it is mandatory to attend those classes, and if this is not always possible, you shall inform teacher and own group well beforehand each time.

Active participation as a team member in the simulation: simulation strategy, round-by-round analysis and decision-making, simulation report and presentation in Cesim Firm seminar.

Student workload

Lectures and exercises, exam 28h
Independent studying 40h
Simulation classes 22h
Simulation work independently and in groups or totally in groups 42h

Qualifications

No prerequisites

Materials

Materials and links in Moodle.
Material provided by the lecturer and/or developed by students themselves, e.g., exercises and solutions.
Cesim Firm Beicco business simulation via internet.