IS200103 Business economics - engineering programmes

Minimum university college entrance requirements.

The course shall give the students basic knowledge in business economic theory and methods as well as a survey of the various functions of the business enterprise. The students shall be aware of the importance of accounting data in the management of enterprises

* Costs, classification of costs and theory of demand.
* The theory of market adaptations
* Product calculation methods
* About the companys annual report
* Traditional analysis of the financial statements: ratios as tools of analysing profitability, liquidity and capital structure.
* Investment anlysis
* About the budgeting process
* Some business related decision problems: Simple analysis of constraints and optimal mix of produts, cost-volume-profit analysis, JIT, outsourcing.

Lectures, group- and individual exercises.
The learning management system Classfronter will to some extent be used in the exchange of information.

1 compulsory paper must be handed in for assesment. ICT tools to be used in the preparation of papers. Case and case-solution (in one copy) must be brought to the final exam and shall be handed in together with the examination papers.

The case and case-solution (in one copy) must be brought to a 3-hour written exam. At this exam the problems raised in the case will also be tested. The case-solution must be handed in together with the examination papers. The same case and case-solution is to be used at the resit exam.