Business EconomicsLaajuus (5 cr)

Objective

You understand and are able to apply knowledge of business economics in planning, decision making and your own work in business life. You understand conditions and demands of entrepreneurship. You know how to establish a company and how to make a business plan.

Content

- Internal and external accounting basis
- Profit margin calculation
- Product cost accounting
- Pricing
- Investment calculations
- Financial statement key figures and their interpretation
- Entrepreneurship, entrepreneurial qualities, business idea and its evaluation, business plan, different stages of establishment, business forms and their characteristics, different funding sources and forms of assistance, evaluation of the profitability of a business idea, business and value added tax and other statutory obligations, protection of rights, options for starting a new business, practical establishment procedures, official permits and notifications