Study Guide@lith
 

Linköping Institute of Technology

 
 
Valid for year : 2016
 
TEAE01 Industrial Economics, Basic Course, 6 ECTS credits.
/Industriell ekonomi, grundkurs/

For:   D   DI   EL   FyN   IT   KA   KeBi   Kem   Mat   MED   MI   PRO   TB   U   Y   Yi  

 

Prel. scheduled hours: 135
Rec. self-study hours: 25

  Area of Education: Technology

Main field of studies: Industrial Engineering and Management

  Advancement level (G1, G2, A): G1

Aim:
The course aims to give the students a holistic view of how companies operate and are governed. After the course the students should:
  • Describe and explain what it takes to start and run a business.
  • Describe, explain and apply different product and investment calculation methods.
  • Describe, explain and apply how the budget process works at a company.
  • Describe and explain the basics of accounting.
  • Describe, explain and apply an annual report by calculating key financial indicators
  • Communicate economic-focused information and related analyses.


  • Prerequisites: (valid for students admitted to programmes within which the course is offered)
    Calculus, linear algebra

    Note: Admission requirements for non-programme students usually also include admission requirements for the programme and threshhold requirements for progression within the programme, or corresponding.

    Organisation:
    Lectures give the background to the different areas in the course, which are then analyzed in seminars and labs. The course also includes case in which the student will be able to apply their skills in reality-based Case.

    Course contents:
    How to start and run a business, stakeholders. Cost and revenue concepts. Product profitability and investment calculations, budgeting. Bookkeeping, accounting, reporting and financial analysis.

    Course literature:
    Andersson et al., Ekonomi för ingenjörer, Studentlitteratur

    Examination:
    Written examination
    Projekt work
    Computer laboratory work
    3 ECTS
    2 ECTS
    1 ECTS
     
    Holmström, N.: Företagsekonomi �?" från begrepp till beslut, Bonnier utbildning,or similar book.



    Course language is Swedish.
    Department offering the course: IEI.
    Director of Studies: Johan Holtström
    Examiner: Sofi Rehme
    Link to the course homepage at the department


    Course Syllabus in Swedish

    Linköping Institute of Technology

     


    Contact: TFK , val@tfk.liu.se
    Last updated: 12/10/2015