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2005 - 2006 / Course descriptions / AE101103 Introduction to business economics  

AE101103 Introduction to business economics

Course Code
AE101103

Course Name
Introduction to business economics

Credits
6.00

Target Audience
Export Marketing, Business Management

Prerequisites

Minimum university college entrance requirements

Objectives

Give basic knowledge in business economic theory and methods as well as a survey of the various functions of the business enterprise.

Topics

*The business enterprise and its place in the economic system
*Economic management and its place in the enterprise
*Introduction to investment analysis
*Costs, classification of costs and the theory of demand
*The theory of market adaptations
*Product calculations and cost accounting
*Cost-volume-profit analysis
*Analysis of constraints and optimal product mix

Instruction

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

Mandatory Assignments

2 compulsory papers to be passed before sitting for the final exam. The cases and the case-solutions must be brought to the final exam.

Evaluation

The 2 compulsory papers count for 20% of the total grade.The cases and the case-solutions must be brought to a 2-hour final written exam and shall be handed in together with the examination papers. The final exam counts for 80% of the total grade. At the final exam the problems raised in the compulsory papers will also be tested.

Grades
ABCDEF

Revised date
03/03/2004