ØKO1001 - Management


New from the academic year 2020/2021

Examination arrangement

Examination arrangement: Assignment
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Assignment 100/100 ALLE

Course content

Many with university education will end up in various leadership positions, such as team leaders, project managers, department managers with financial responsibility and top executives during their careers. The course provides a basic introduction to management, organizational theory, economics and business management. This is, of course, a very central theme for any business. Those who want to establish their own business will benefit greatly from this topic, as will others who will be leaders in various businesses.

Learning outcome

Knowledge: After completing the course, the student should be able to explain:
- Management theory and management principles
- Goals and strategies in organizations
- Organizational environment and its importance for a sustainable business
- Different forms of organizational structures
- Organizational culture and cultural understanding in a broader perspective
- HR - development of human resources
- Power, conflicts and ethics in organizations
- Financial management's place in management
- Economic decision-making problems
- Performance Measurement
- The decision-making processes in organizations
- Change Management

Skills: After completing the course, the student should:
- Be able to analyze, discuss and explain different management principles and management theories
- Be able to analyze, discuss and explain how a business can be managed and developed
- Be able to use analysis tools for decision making
- Be able to analyze real cases based on the subject's subject matter

General competence: After completing the course, the student should be able to:
- Critically consider the assumptions on which good management and management are based, in light of sustainability and ethics
- Communicate the subject matter both in writing and orally
- Apply personalized knowledge through individual and teamwork

Learning methods and activities

Lectures, case discussions, group work and exercises

Compulsory assignments

  • Work requirement 1
  • Work requirement 2

Further on evaluation

Work requirements in the subject:
Work Requirement 1: To submit a project sketch for your own project assignment that must be approved

Work requirement 2: To provide feedback on the content and structure of another group's project sketch

Work requirements must be approved in order to take the exam.

Project assignment that counts 100% in groups of 2-3 people (individual project assignment is not allowed). The project assignment should be an independent treatment of a topic that is included in the syllabus and in teaching, and should have a scope of 15 pages. The assignment should be based on a real business and / or a specific case.

Assessment expression: Graded grade. External censorship

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Course materials

Erichsen, Morten, Solberg, Frode og Stiklestad, Trond, 2018. Ledelse i små og mellomstore virksomheter, Bergen: Fagbokforlaget

Berg, Terje, 2019. Økonomiforståelse for ledere og styremedlemmer, Bergen: Fagbokforlaget

Control in an Age of Empowerment Robert Simons FROM THE MARCH–APRIL 1995 ISSUE

More on the course



Version: 1
Credits:  7.5 SP
Study level: Foundation courses, level I


Term no.: 1
Teaching semester:  AUTUMN 2020

Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics and Administration
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
Faculty of Economics and Management



Examination arrangement: Assignment

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Assignment 100/100 ALLE INSPERA
Room Building Number of candidates
Spring ORD Assignment 100/100 ALLE INSPERA
Room Building Number of candidates
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

More on examinations at NTNU