SMF1042 - Basic Economics


Examination arrangement

Examination arrangement: Written examination
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Written examination 100/100 4 hours C

Course content

- Company goal and value chain in a company.
- Company costs and income.
- Methods and practical use of product calculations.
- Financial statements and analysis, internal accounts.
- Product selection, investment, planning and budgeting.
- Economic problems within a company and profit analysis.

Learning outcome

- Demonstrate a basic knowledge and skills in the economic activity of a company.
- Be able to carry out costs- and income calculations.
- Understand financial statements and perform an account analysis.
- Make product- and investment calculations, planning and budgeting.
- Find profitable solutions to economic problems within a company.

Learning methods and activities

Lectures, Group Work

Compulsory assingments:
Exercises (3 from 4 must be approved). Delivery in groups of 3, possibly 4 students. Other then 3 demand approval from teacher.

Details concerning course requirements will be presented at the beginning of the semester.

Compulsory assignments

  • Approved exercises

Further on evaluation

Re-sit of written exam in August.

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.

Admission to a programme of study is required:
Bachelor in Media Production (BMP)
Bachelor in Software Engineering (BPU)
Business Administration and Management (BØKLED)
Economics and Business Administration (ÅRØKLED)
Geomatics (BGEO)
Graphic Design (BMED)
Information Security (BIS)
Network and System Administration (BDR)
Technology Design and Management (BTEKD)

Course materials

Course material is announced at the start of the course term.

Credit reductions

Course code Reduction From To
BØA1100 7.5 2017-08-01
SMF1042F 10.0
SMF2251 5.0 2013-01-01


Detailed timetable


Examination arrangement: Written examination

Term Statuskode Evaluation form Weighting Examination aids Date Time Room *
Autumn ORD Written examination 100/100 C 2017-12-01 09:00 A-atriet-2/3 (A-160) , A146, 1.etg. A-bygg , A153, 1.etg. A-bygg , A154, 1.etg. A-bygg , A254, 2.etg. A-bygg , A061, eksamensrom U-etg. A-bygg
  • * 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.