Circular Economy Management (5 cr)

Evaluation scale

Pass/Fail

Objective

Purpose of the course
To conserve natural resources, the product's life cycle must continue. The circular economy as an economic model combines business with sustainable development. After completing this course, you have learned to recognize the reuse of materials and understand the economic benefits of reusing them. Your knowledge will evolve in the circular economy business models and their material flows, and you will be able to harness its potential. Your knowledge of the circular economy is growing. The course will give you a clear idea of ​​the circular economy and its boundary conditions. You can also apply what you have learned to practice.

Competences:
This course promotes and evaluates: Circular Economics, Communication and Teamwork (ability to effectively communicate information, ideas, problems, and solutions within the engineering community)

Learning outcomes:
You understand and internalize the principles of the circular economy and recognize its boundary conditions. You are capable of designing and managing material flows within the circular economy, collaborating with both internal and external members of the engineering community. Use this course to identify business opportunities in the circular economy. You will understand how to operate in a circular economy and will be able to apply what you have learned to practice.

Content

1.Strategy (Linear-> Responsible-> Circular Economy) ~ Image, Value Added
2. Material Identification / Management
3.Supply Chain
4.Businessmodel
5.Businessmodel ~ phenomena

Materials

Learning environment videos and files.

Learning environment videos and files.

1-5231-2912-3 Nogalski, B. (2020). Networked business models in the circular economy. IGI Global.

1-78801-620-3 Borrion, A., Black, M. J. & Mwabonje, O. (2021). Life Cycle Assessment: A Metric for the Circular Economy. Royal Society of Chemistry.

1-78966-532-9 Weetman, C. (2021). A circular economy handbook: How to build a more resilient, competitive and sustainable business. Kogan Page, Limited.

Teaching methods

This course is taught online. In a Moodle environment.
Implementation includes online lectures, assignments, case studies.
Some of the tasks are performed in small groups.
You can get feedback through lectures and feedback from the Moodle learning environment.

Employer connections

Visiting lecturers are used help to connect to work life.

Exam schedules

Completion of the course does not include an exam but a learning diary.

International connections

The course material is based on international literature.

Student workload

The student spends 27 hours to complete one credit.
The workload is divided into virtual lectures, getting to know the phenomenon, doing written work, and self-study to deepen and assimilate the things studied.
Virtual lectures approx. 5-10 h.
To complete the course, you must set aside 120-130 hours for homework´s.

Assessment criteria, approved/failed

You understand and internalize the principles of the circular economy and recognize its boundary conditions. You will be able to design materials for the circular economy with internal and external members of the engineering community. Use this course to identify business opportunities in the circular economy. You will understand how to operate in a circular economy and will be able to apply what you have learned to practice.

Qualifications

Ability to work in a group. Application skills.

Further information

The assessment is based on learning objectives, quality and criteria, and self-evaluation by the student plays an important role in the process.