JSBP9150 Economics of Business Environment (LITO) (5 cr)

Study level:
Basic studies
Grading scale:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020



The course provides students with basic skills in analyzing the business environment and its
evolution from an economic perspective. Proactive identification of opportunities and threats of
the business environment is increasingly important for successful businesses in the global
During the course, students will familiarize themselves with the decision-making of firms and
consumers and how the markets function (microeconomics); economic growth, business cycles,
labor markets, inflation, monetary policy and economic policy (macroeconomics); the role of the
public sector and focal public policy instruments in market economies (public economics);
international trade, financial markets, European integration and multinational companies (global

Completion methods

On-line course.

Learning outcomes

On successful completion of the course, students will be able to:
- define basic economic concepts
- understand economic thinking and apply economic theory in the analysis of a business
environment and market economies.

Description of prerequisites

No requirements.

Study materials

The teachers will specify the literature at the beginning of the course.

Completion methods

Method 1

Select all marked parts
Parts of the completion methods
Unpublished assessment item