Risk Management and EconomicsLaajuus (5 cr)

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