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Risk Management and Economics (5 cr)

Code: 3101205-1003

General information


Timing

01.01.2017 - 31.07.2017

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Engineering and Business

Campus

Sepänkatu

Teaching languages

  • English

Seats

15 - 60

Degree programmes

  • Degree Programme in Professional Sales

Teachers

  • Otieno Mbare

Groups

  • PMYYNS16
    PMYYNS15

Objective

The student can:
- recognize various risks involved in business operations
- give examples how to manage them
- explain why risk management must be an integral part of business management
- analyze and interpret the basic phenomena within the economy and the factors affecting them
- evaluate the impact of economic fluctuations on business and sales
- recognize the connections between a nation economy and the global economy

Content

- The process of risk management
- Various types of risks
- Risk analysis
- Methods and strategies in risk management
- Basic structures in the economy
- Economic fluctuationsand Economic policy
- Competitiveness

Evaluation scale

H-5