Course syllabus for Market and economy

The course syllabus contains changes
See changes

Course syllabus adopted 2019-02-14 by Head of Programme (or corresponding).

Overview

  • Swedish nameMarknad och ekonomi
  • CodeTEK500
  • Credits7.5 Credits
  • OwnerTKAUT
  • Education cycleFirst-cycle
  • Main field of studyIndustrial Engineering and Management
  • ThemeMTS 4 c
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail

Course round 1

  • Teaching language Swedish
  • Application code 47120
  • Maximum participants90
  • Block schedule
  • Open for exchange studentsNo

Credit distribution

0114 Project 3 c
Grading: UG		3 c
0214 Examination 4.5 c
Grading: TH		4.5 c
  • 29 Okt 2020 am J_DATA
  • 07 Jan 2021 am J_DATA
  • 19 Aug 2021 pm J_DATA

In programmes

Examiner

Go to coursepage (Opens in new tab)

Eligibility

General entry requirements for bachelor's level (first cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

The same as for the programme that owns the course.
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

-

Aim

The course aims to provide students with opportunities to develop their entrepreneurial abilities. This is done by treating markets, marketing and basic economics as topics within this course.

Sections on markets aim to give students opportunities to understand key areas of markets, how characteristics on markets affect the conditions for product design as well as basic models for how work with marketing can be designed.

Economic sections of the course is designed to give the student the opportunity to learn basic financial terminology, financial relationships and calculating.

Learning outcomes (after completion of the course the student should be able to)

  • Explain basic concepts in economics and marketing.
  • Be able to describe and use economic relations.
  • Describe what essential information about markets is needed before a product launch (the product can be both goods and services).
  • Explain what a marketing plan is.
  • Explain and summerize the differences between different types of markets.
  • Describe steps and activities in market work, and exemplify how the design of this work is connected with market characteristics.
  • Perform financial calculations for products, decisions and investments.
  • Interpret, evaluate and describe the company's economic reports.

Content

Three areas will be central to the course.
The first of these deals with the marketing efforts related to corporate production. Market characteristics affect what the company can do and what constitutes a market is dealt with during the course. Different types of markets and their special features are also treated. Connected to these different types of markets is also the work on these also discussed as well as how this can be adapted to different situations.
A second part processes basic financial terms and calculations for different decision situations. The area includes cost-volume-profit planning, differential costing, full costing and calculations for investments.
The third part addresses financial and management accounting and the interpretation of this. The relationship between profit and loss account, the balance sheets and cash flows are processed. Financial ratios and other ways to interpret financial statements is presented.

Organisation

Learning activities in the course consist of lectures, tutorials, seminars, projects and presentations. Some of these may be mandatory. Mandatory occations will be listed in the detailed schedule published on the course website two weeks before the course starts.
Throughout the course, a project will be carried out, group wise, to attain deeper processing of the theoretical content. The presentation of the project will take place in such way that the course coordinator determines appropriate at the course start (orally, in writing, records, or combinations). Students carrying out opposition to each other's project implementation can occur if the coordinator considers it appropriate.

Literature

To be listed on the course activity (webpage) two weeks before the course starts.

All materials, including lectures and other learning activities is included in the course and can be included in the examination.

Examination including compulsory elements

The examination has three parts with two reportings to LADOK. The three parts is:

  1. Preparation and active participation in the mandatory elements, such as mandatory practice sessions,
  2. Implementation of a project, goup wise and
  3. Reaching an approved grade on a exam.

For a final approved grade is an approved mark in each of the parts needed. Grades are given in the scale Fail 3, 4 and 5 based on exam results.

All litterature and material from lectures, seminars and exercises is part of the course and is part of the examination.
There are room for alternative examination methods in special cases.

The course syllabus contains changes

  • Changes to examination:
    • 2020-09-30: Grade raising No longer grade raising by GRULG