Business Economics, 6 credits

Företagsekonomi för eget företagande, 6 hp

TEAE17

Main field of study

Other subjects

Course level

First cycle

Course type

Programme course

Examiner

Sofi Rehme

Director of studies or equivalent

Johan Holtström

Education components

Preliminary scheduled hours: 48 h
Recommended self-study hours: 112 h
ECV = Elective / Compulsory / Voluntary
Course offered for Semester Period Timetable module Language Campus ECV
6KGDK Graphic Design and Communication, Bachelor's Programme 4 (Spring 2019) 1 2 Swedish Norrköping E

Main field of study

Other subjects

Course level

First cycle

Advancement level

G1X

Course offered for

  • Graphic Design and Communication, Bachelor's Programme

Intended learning outcomes

The course aims to give the students possibility to develope an orientation about the company´s general conditions, activity and to understand the environment a company operates in. Furthermore will the course discuss accounting, financial reporting and capital budgeting as well as provide students with basic skills in different product calculation methods, analyse and draw conclusions from the annual financial reports. After the course the students should be able to:
* Explain what is necessary to start a business
* Describe, explain, and on a fundamental level analyse, an annual report
* Describe and explain the principles of accounting in a small company
* Use basic product calculation method
* Analyse and structure of economic problems
* Communicate economic analyses and reasoning.

Course content

The aim, organisation, and stakeholders of a company. Cost and revenue concepts. Cost accounting. Accounting, auditing, and reporting. Annual reports and analysis of the same. Interpretation of various forms of economic information. Capital budgeting. . Plan of profit and loss account. Corporate strategy. Practical application of concepts and tools.

Teaching and working methods

Lectures give the background to the different areas and seminars are held to discuss issues and give students practical experience in solving typical problems. Cases are also a part of the course. The course also requires all students to participate in a project consisting of an industry study and an in-depth analysis of a company.

Examination

PRA1Project assignment2 creditsU, G
TEN1Written examination4 creditsU, 3, 4, 5
The examination also consists of a number of mandatory cases.

Grades

Four-grade scale, LiU, U, 3, 4, 5

Department

Institutionen för ekonomisk och industriell utveckling

Director of Studies or equivalent

Johan Holtström

Examiner

Sofi Rehme

Course website and other links

http://www.iei.liu.se/indek/utbildning/industriell-ekonomi/teie51?l=sv

Education components

Preliminary scheduled hours: 48 h
Recommended self-study hours: 112 h

Course literature

Holmström, N., Företagsekonomi – från begrepp till beslut. Bonniers Utbildning, 2007 el senare upplaga
Code Name Scope Grading scale
PRA1 Project assignment 2 credits U, G
TEN1 Written examination 4 credits U, 3, 4, 5
The examination also consists of a number of mandatory cases.
Holmström, N., Företagsekonomi – från begrepp till beslut. Bonniers Utbildning, 2007 el senare upplaga

Note: The course matrix might contain more information in Swedish.

I = Introduce, U = Teach, A = Utilize
I U A Modules Comment
1. DISCIPLINARY KNOWLEDGE AND REASONING
1.1 Knowledge of underlying mathematics and science (G1X level)

                            
1.2 Fundamental engineering knowledge (G1X level)

                            
1.3 Further knowledge, methods, and tools in one or several subjects in engineering or natural science (G2X level)

                            
1.4 Advanced knowledge, methods, and tools in one or several subjects in engineering or natural sciences (A1X level)

                            
1.5 Insight into current research and development work

                            
2. PERSONAL AND PROFESSIONAL SKILLS AND ATTRIBUTES
2.1 Analytical reasoning and problem solving

                            
2.2 Experimentation, investigation, and knowledge discovery

                            
2.3 System thinking

                            
2.4 Attitudes, thought, and learning

                            
2.5 Ethics, equity, and other responsibilities

                            
3. INTERPERSONAL SKILLS: TEAMWORK AND COMMUNICATION
3.1 Teamwork

                            
3.2 Communications

                            
3.3 Communication in foreign languages

                            
4. CONCEIVING, DESIGNING, IMPLEMENTING AND OPERATING SYSTEMS IN THE ENTERPRISE, SOCIETAL AND ENVIRONMENTAL CONTEXT
4.1 External, societal, and environmental context

                            
4.2 Enterprise and business context

                            
4.3 Conceiving, system engineering and management

                            
4.4 Designing

                            
4.5 Implementing

                            
4.6 Operating

                            
5. PLANNING, EXECUTION AND PRESENTATION OF RESEARCH DEVELOPMENT PROJECTS WITH RESPECT TO SCIENTIFIC AND SOCIETAL NEEDS AND REQUIREMENTS
5.1 Societal conditions, including economic, social, and ecological aspects of sustainable development for knowledge development

                            
5.2 Economic conditions for knowledge development

                            
5.3 Identification of needs, structuring and planning of research or development projects

                            
5.4 Execution of research or development projects

                            
5.5 Presentation and evaluation of research or development projects

                            

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