Subject description for 2024/25
Business Economics
ECO1014
Subject description for 2024/25
Business Economics
ECO1014
The course provides an introduction to key business management concepts, models and contexts. In the course, business economics theory will be applied to agricultural issues.
The subject is reserved for students of the following study programmes:
- Animal Sciences - Welfare and Production, Bachelor’s Programme
- Livestock Sciences, Bachelor’s Programme
Other students can get admitted if there are places available. Contact student advisor.
Students must meet current requirements for the associated study program.
After completing the course, the student will have achieved the following learning outcomes:
Knowledge
- have knowledge and understanding of basic business economics concepts and contexts
- have knowledge of key theories and methods within the business economics subject area
Skills
- can use various arithmetic techniques and methods to carry out simple business economics analyzes
- can use spreadsheets effectively to perform financial analysis
- can apply professional knowledge in general business economics to agricultural economics issues
- can reflect on the connection between business-optimal solutions and animal husbandry based on good animal welfare
General competence
- has insight into the importance of business economics for the agricultural company, and can discuss the basic features of financial management of an agricultural enterprise
- can exchange views on and participate in professional discussions on agricultural economic topics
Paid semester fee and syllabus literature. It is also required that students have a laptop at their disposal.
Compulsory
Lectures, and exercises individually and in groups. Both Excel and calculators are used in the exercises.
Evaluated annually by students through course surveys. These evaluations are included in the universitys quality assurance system.
Compound assessment, grading scale A-F
Compulsory work, approved/ not approved. Must be passed prior to submission of the written examination.
Written examination, 4 hours, comprises 100% of the grade, grading scale A to F.
Pen, ruler, up to 2 bilingual dictionaries and calculator.
Generating an answer using ChatGPT or similar artificial intelligence and submitting it wholly or partially as one's own answer is considered cheating.
Subject language
Norwegian
Credits
7.5
Study location
Steinkjer
Responsible faculty
Faculty of Biosciences and Aquaculture
Course coordinator
