Risk Management and Economics (5 cr)
Code: 3101205-1003
General information
- Timing
- 01.01.2017 - 31.07.2017
- Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Engineering and Business
- Teaching languages
- English
- Seats
- 15 - 60
- Degree programmes
- Degree Programme in Professional Sales
- Teachers
- Otieno Mbare
- Course
- 3101205
Evaluation scale
H-5
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