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Industrial Economics, 6 credits
Industriell ekonomi, 6 hp
TEIE53
Main field of study
Industrial Engineering and ManagementCourse level
First cycleCourse type
Programme courseExaminer
Daniel EllströmDirector of studies or equivalent
Johan HoltströmEducation components
Preliminary scheduled hours: 48 hRecommended self-study hours: 112 h
ECV = Elective / Compulsory / Voluntary
| Course offered for | Semester | Period | Timetable module | Language | Campus | ECV | |
|---|---|---|---|---|---|---|---|
| 6KFTL | Air Transportation and Logistics, Bachelor's Programme | 2 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | C |
| 6KLOG | Civic Logistics, Bachelor´s Programme | 2 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | C |
| 6IBYG | Civil Engineering, B Sc in Engineering | 4 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | C |
| 6CKTS | Communications, Transport and Infrastructure, M Sc in Engineering | 2 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | C |
| 6CIEN | Electronics Design Engineering, M Sc in Engineering | 6 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | E |
| 6CMEN | Media Technology and Engineering, M Sc in Engineering | 8 (Spring 2017) | 1 | 1 | Swedish | Norrköping, Norrköping | E |
Main field of study
Industrial Engineering and ManagementCourse level
First cycleAdvancement level
G1XCourse offered for
- Communications, Transport and Infrastructure, M Sc in Engineering
- Air Transportation and Logistics, Bachelor's Programme
- Civic Logistics, Bachelor´s Programme
- Civil Engineering, B Sc in Engineering
- Electronics Design Engineering, M Sc in Engineering
- Media Technology and Engineering, M Sc in Engineering
Entry requirements
Note: Admission requirements for non-programme students usually also include admission requirements for the programme and threshold requirements for progression within the programme, or corresponding.
Intended learning outcomes
The purpose of the course is to give the student an introduction and orientation about the interaction between the society, companies, markets and customers. After the course the students should
- understand the environment a company operates in, how the market can look like and competitive strategies that can be used.
- be able to utilize different product and investment calculation methods,
- understand the principles of accounting and financial reporting,
- analyse and draw conclusions from the annual financial reports by calculating key financial indicators.
- conduct a project work that describes and analyses a companies financial and/or market position.
Course content
The economics situation in Sweden and in other countries. Markets and prices. Market structures, competition and business strategies. Accounting and analysis of balance sheet and profit and loss account. Product profitability and investment calculations. (Logistics), organisation and marketing theories.
Teaching and working methods
Case studies and problem solving will be a part of the seminaries and lectures. A group project assignment in either an existing company or in macroeconomics will be conducted.
Examination
| PRA1 | Project | 2 credits | U, G |
| TEN1 | Written examination | 4 credits | U, 3, 4, 5 |
Grades
Four-grade scale, LiU, U, 3, 4, 5Department
Institutionen för ekonomisk och industriell utvecklingDirector of Studies or equivalent
Johan HoltströmExaminer
Daniel EllströmCourse website and other links
http://www.iei.liu.se/indek/utbildning/industriell-ekonomi/teie53?l=svEducation components
Preliminary scheduled hours: 48 hRecommended self-study hours: 112 h
Course literature
"Företagsekonomi - från begrepp till beslut", Holmström, N (2007 el senare) eller motsvarande litteratur.| Code | Name | Scope | Grading scale |
|---|---|---|---|
| PRA1 | Project | 2 credits | U, G |
| TEN1 | Written examination | 4 credits | U, 3, 4, 5 |
Regulations (apply to LiU in its entirety)
The university is a government agency whose operations are regulated by legislation and ordinances, which include the Higher Education Act and the Higher Education Ordinance. In addition to legislation and ordinances, operations are subject to several policy documents. The Linköping University rule book collects currently valid decisions of a regulatory nature taken by the university board, the vice-chancellor and faculty/department boards.
LiU’s rule book for education at first-cycle and second-cycle levels is available at http://styrdokument.liu.se/Regelsamling/Innehall/Utbildning_pa_grund-_och_avancerad_niva.
Course literature is preliminary.
"Företagsekonomi - från begrepp till beslut", Holmström, N (2007 el senare) eller motsvarande litteratur.
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) |
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X
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| 1.2 Fundamental engineering knowledge (G1X level) |
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X
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| 1.3 Further knowledge, methods, and tools in one or several subjects in engineering or natural science (G2X level) |
X
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| 1.4 Advanced knowledge, methods, and tools in one or several subjects in engineering or natural sciences (A1X level) |
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| 1.5 Insight into current research and development work |
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| 2. PERSONAL AND PROFESSIONAL SKILLS AND ATTRIBUTES | ||||||
| 2.1 Analytical reasoning and problem solving |
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X
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X
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| 2.2 Experimentation, investigation, and knowledge discovery |
X
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| 2.3 System thinking |
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X
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X
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| 2.4 Attitudes, thought, and learning |
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X
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X
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| 2.5 Ethics, equity, and other responsibilities |
X
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| 3. INTERPERSONAL SKILLS: TEAMWORK AND COMMUNICATION | ||||||
| 3.1 Teamwork |
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X
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X
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| 3.2 Communications |
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X
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X
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| 3.3 Communication in foreign languages |
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| 4. CONCEIVING, DESIGNING, IMPLEMENTING AND OPERATING SYSTEMS IN THE ENTERPRISE, SOCIETAL AND ENVIRONMENTAL CONTEXT | ||||||
| 4.1 External, societal, and environmental context |
|
X
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X
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| 4.2 Enterprise and business context |
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X
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X
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| 4.3 Conceiving, system engineering and management |
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| 4.4 Designing |
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| 4.5 Implementing |
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| 4.6 Operating |
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| 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 |
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X
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X
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| 5.2 Economic conditions for knowledge development |
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X
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X
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| 5.3 Identification of needs, structuring and planning of research or development projects |
X
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| 5.4 Execution of research or development projects |
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| 5.5 Presentation and evaluation of research or development projects |
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