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

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Study level:

Basic studies

Grading scale:

0-5

Language:

English, Finnish

Responsible organisation:

Jyväskylä University School of Business and Economics

Curriculum periods:

2024-2025, 2025-2026

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Economics and the Business Environment is an online course which is targeted for other than business students.

Description

The online course provides students with basic skills in analyzing the business environment and its evolution from an economic perspective. Proactive identification of both opportunities in the business environment and threats to the business environment is increasingly important for successful businesses in the global economy.

The online course introduces students, for example, to the decision-making process of both consumer and firm in different market structures, economic growth and business cycles.

The course supports the following UN Sustainable Development Goals:

Goal 8: Decent work and economic growth

Learning outcomes

At the end of the course students should be able to:

define basic concepts in economics
understand economic thinking
apply economic theory in the analysis of a business environment and market economies.

Content of the course is related to the following working life skills (generic skills):

analytical and critical thinking

Additional information

The online course is available in Finnish and in English.

The latest information about the course is updated and published at www.lito.fi.

Transfer of student information

Study materials

The CORE Team: The Economy 1.0. Available online: https://www.core-econ.org/project/core-the-economy/

The instructors may assign additional literature during the course.

Completion methods

Method 1

Description:

The student will take the course independently as an online course. Students are graded on a scale from 1 to 5. The course exam is open on three occasions. The dates for taking the exam are announced on the course platform.

Evaluation criteria:

Approved performance required in the course. Exam.

Time of teaching:

Period 3, Period 4

Select all marked parts

Parts of the completion methods

Independent study (5 cr)

Type:

Independent study

Grading scale:

0-5

Language:

English, Finnish

Teaching

2/24–4/6/2025 Online teaching

Enrolment period:

1/14/2025 12:00 AM–2/10/2025 11:59 PM

Type:

Online teaching

Language:

English

Responsible organisation:

Jyväskylä University School of Business and Economics

Additional information:

LITO courses are organised in co-operation with multiple universities. To receive credits for the courses, students must be granted the right to attend the courses for which they have registered from the host university.

To grant the right to attend a course (or courses), the home university will transfer personal student information to the host university responsible for organising the course. The data to be transferred includes the student’s surname, first name, possible middle name(s), gender, nationality, e-mail address, personal identification number and home university. If a student does not have a Finnish personal identification number, his/her date of birth will be transferred. Data classified as secret will not be transferred. Receiving credit for the course(s) is not possible without transferring personal student information. LITO Data Protection Notification is available at www.lito.fi.

Students must register for the courses before they begin them. Registration takes place at the student's home university during a pre-defined registration period, which may differ from the customary course registration periods applied at the home university. Students are advised to check the registration periods for the LITO courses they plan to take and abide by the deadlines.

Proper registration for a course is obligatory and required in order to receive course credits. Late registrations will not be accepted.

The LITO courses cannot be included in the Finnish Bachelor or Master of Business and Economic Sciences degrees. The content and learning goals of the LITO courses have been designed for students not majoring in business sciences. Hence, the content and subject matter of the courses differ from the basic studies in the Finnish bachelor's and master's degrees in Business and Economic Sciences and cannot substitute for the basic studies included in these degrees.

The latest information about the course is updated and published on the course platform at www.lito.fi.