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Valid for year : 2014
 
TEAE01 Industrial Economics, Basic Course, 6 ECTS credits.
/Industriell ekonomi, grundkurs/

For:   C   D   DI   EL   FyN   IT   KA   KeBi   Kem   Mat   MED   MI   PRO   TB   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 a number of cases in which the student will be able to apply their skills in reality-based Case.

    Course contents:
    How to start and run a business, shares, organization, 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
     


    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
    Link to top of pagep


    Contact: TFK , val@tfk.liu.se
    Last updated: 01/15/2014