Business Economy U4192

Prerequisites

Admission requirements

Course Objectives

After having completed the course the student should be able to:
- understand and analyse the cost structure of the firm
- perform simple product calculations for the purpose of pricing
- do a cost-volume-result analysis with the use of break-even models
- analyse the firms annual results using key figures
- see the connection between results and budgeting
- make simple economic decisions based on bottleneck analysis
- describe some of the most common market models
- understand and be able to apply investment models on projects

Learning Methods

10 lectures, 2 group assignments, tutorials and netbased teaching and learning using Classfronter including “self tests”.

Course Description

Cost and cost structure. The Ledger. Product calculation. Market models. Break-even analysis. The annual report. Key ratios. Investment analysis. Budgeting. Bottleneck problems.

Assessment Methods

2 Short tests using Classfronter (30%) after 10 ad 16 weeks
2 group asignements with written reports (20%) after 7 and 18 weeks
Examination using Classfronter (50%)