Business Environment in a Global Economy (5 cr)

Code: R0231-3029

General information

Timing: 01.05.2025 - 30.09.2025
Implementation is running.

Number of ECTS credits allocated: 5 cr

Local portion: 5 cr

Mode of delivery: Contact learning

Unit: 10 Liiketalous-, tietojenkäsittely- ja palvelualat

Campus: Laurea Hyvinkää

Teaching languages: English

Seats: 20 - 30

Degree programmes: Degree Programme in Business Management (HBB2), Laurea Hyvinkää

Teachers: Jarmo Mikkonen

Teacher in charge: Jarmo Mikkonen

Groups: HBB225KN
Degree Programme in Business Management, daytime studies, K25, Hyvinkää

Study unit: R0231

Learning outcomes

The student is able to
- describe the different economic, social and ecological factors and megatrends affecting the global economy*
- explain the structure of the economy and the different economic policies in a global framework
- describe the history and drivers of international trade
- identify international actors in the global economy

*The verb 'recognize' has been replaced effective 1st of August 2024.

Location and time

Classroom lectures and Zooms

Materials

Lorenzo Garbo, Dorene Isenberg, Nicholas Reksten: Principles of Economics in a Nutshell

Teaching methods

This course is targeted for our students from outside EU/ETA countries and the students and the group is not yet confirmed/status on the 16th May, 2025.

Exam schedules

Check course Canvas and timetable on Peppi/Pakki

Student workload

The tasks cover a workload for 5 credits

Content scheduling

Basic micro and macro theory
Money and banking, Money multiplier, central banks
International trade, WTO history, Comparative advantage
Money markets and stock markets
Export model and consumer-driven economy

Evaluation scale

H-5