Course - Managerial Economics - TIØ4105
TIØ4105 - Managerial Economics
About
Examination arrangement
Examination arrangement: School exam
Grade: Letter grades
| Evaluation | Weighting | Duration | Grade deviation | Examination aids |
|---|---|---|---|---|
| School exam | 100/100 | 4 hours | D |
Course content
Core themes in the course are main principles of bookkeeping and accounting with balance sheet and profit and loss statement. Regulations and laws regarding financial accounting are reviewed. Analysing and interpreting financial statements. Management accounting with relevant costs for decision making, cost-volume-profit analysis, cost allocation, full costing versus marginal cost, contribution, activity based costing, pricing and Balanced Scorecard. Budgeting and flexible budgets are shown as a tool for cost control. Investment analysis and valuation. How macroeconomic conditions affects the firm decisions. Analysis of macroeconomic challenges and the influence on business sectors. How globalization have led to great fluctuations in central macroeconomic measures such as employment, trade economics, currency rates, interest rates and inflation. .
Learning outcome
The position and function of the course: The course is obligatory for students at MTIØT and is positioned in the 4th semester. It is designed to give an introduction to concepts and methods within economics, including management accounting and financial accounting. It gives an introduction on how various macroeconomic variables influence the business sector. Knowledge and skills developed in this course: - Understand how central the accounting system is as a source of information in order to manage companies - Learn basic concepts such as costs, expenses, incomes and payments - Learn how to analyse accounting information in order to understand the economic situation of the company - Learn how to make calculations and budgets - Learn how to use acounting information as a basis for planning and decision-making activities - Introduce basic themes within economics, and particularly within the areas of managerial accounting, budgeting and investment analysis. - Give an introduction to valuation of companies. - Understand how the macroeconomic environment sets the conditions for the firm
Learning methods and activities
Lectures, assignments and self-studies are main activities. Assignments may be computer based. Assignments are normally in groups of three persons. 8 of 12 assignments must be completed and accepted.
Compulsory assignments
- Exercises
Further on evaluation
The exam is written but may be changed to oral exam if exam is to be repeated.
Specific conditions
Admission to a programme of study is required:
Industrial Economics and Technology Management (MTIØT)
Course materials
Terje B., Grunnleggende økonomistyring, Cappelen Damm Forlag
Opstad L., Innføring i makroøkonomi, Cappelen Damm Forlag
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| TIØ4295 | 7.5 | AUTUMN 2016 | |
| AE201115 | 5.0 | AUTUMN 2020 | |
| BØA1100 | 3.5 | AUTUMN 2021 | |
| BØA2100 | 1.5 | AUTUMN 2021 | |
| SMØ2001 | 2.5 | AUTUMN 2021 | |
| BØA8001 | 3.0 | AUTUMN 2022 |
Version: 1
Credits:
7.5 SP
Study level: Foundation courses, level I
Term no.: 1
Teaching semester: SPRING 2024
Language of instruction: Norwegian
Location: Trondheim
- Technological subjects
Department with academic responsibility
Department of Industrial Economics and Technology Management
Examination
Examination arrangement: School exam
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Spring ORD School exam 100/100 D 2024-05-13 09:00 INSPERA
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Room Building Number of candidates SL111 grønn sone Sluppenvegen 14 50 SL111 brun sone Sluppenvegen 14 81 SL111 lyseblå sone Sluppenvegen 14 50 SL111 orange sone Sluppenvegen 14 60 SL111 blå sone Sluppenvegen 14 20 - Summer UTS School exam 100/100 D 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"