Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.

LEARNING OUTCOMES

The aim of the course is to give students a basic proficiency in production economic thinking, argumentation and analysis. Upon completing the course, the student masters the basic concepts and key dynamics of production as an economic activity, and is through these able to understand and evaluate business-opportunities, design and evaluate business-processes, and analyze the financial state of a business. Further, throughout the course, the student learns basic skills of engineering work, such as project planning, -organizing and -management.

Credits: 5

Schedule: 04.09.2023 - 08.12.2023

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Tero Haahtela

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English

CONTENT, ASSESSMENT AND WORKLOAD

Content
  • valid for whole curriculum period:

    Industrial engineering and management as a science; Value as the foundation of business; Production systems and organizations; The production process and production control; Production as part of the value chain; Projects and investments; Accounting and profitability.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Lectures, lecture pre-assignments, exercise lectures, course project, calculation assignments and exam, of which the three latter are compulsory.

Workload
  • valid for whole curriculum period:

    Lectures and preparation for them 24 h, Exercise lectures and groupwork 39 h, Calculation exercises 28h, Independent studies 38 h. Lecture and contact teaching session attendance is recommended, but not mandatory.

DETAILS

Substitutes for Courses
Prerequisites
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth

    9 Industry, Innovation and Infrastructure

FURTHER INFORMATION

Further Information
  • valid for whole curriculum period:

    The course can be completed remotely, but physical attendance is warmly recommended especially in connection to the group work.

    Teaching Language : English

    Teaching Period : 2022-2023 Autumn I - II
    2023-2024 Autumn I - II