• Logistics Economy (TLLY8500-3013),
         09.01.2023 – 19.05.2023,  5 cr  (TLP23VK, ...) — Face-to-face +-
    Learning outcomes of the course
    Purpose:
    Basic skills for logistics professionals are to understand fundamentals of economics and business, as well as to have ability to analyze and make wise decisions. On this course you will develop and improve these skills and will get readiness to put your learning outcomes into practice.

    Competences:
    Business competences, Engineering practice, Communication and team-working

    Learning outcomes:
    You will get basic knowledge of business economics. You will recognize different economical calculations used for planning and controlling of operations. You will know essential cost factors and pricing principles from transportation and intralogistics service providers perspective.
    Prerequisites and co-requisites
    Knowledge of logistics basis
    Course contents
    Accounting principles, profitability and cost calculations, cost factors and pricing principles in the field of transportation and intralogistics services.
    Assessment criteria
    Assessment criteria - grade 1 and 2
    Adequate 1:
    Student has gained knowledge at all the subjects described in the learning outcomes.

    Satisfactory 2:
    Student has gained knowledge at all the subjects described in the learning outcomes and is able to gather and interpret relevant data in order to select technical solutions.
    Assessment criteria - grade 3 and 4
    Good 3:
    Student has gained knowledge at all the subjects described in the learning outcomes and is able to understand essential fundamentals of economics related to business.

    Very good 4:
    Student has gained knowledge at all the subjects described in the learning outcomes and is capable to utilize general analyzing methods for decision making. Student can work effectively as an individual and as a member of a team.
    Assessment criteria - grade 5
    Excellent 5:
    Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.
    Language of instruction

    English

    Location and time

    Spring semester 2023

    Planned learning activities, teaching methods and guidance

    Face-to-face learning and distance learning, group works and personal assignments.

    Lecturer(s)

    Petri Vauhkonen

    Learning materials and recommended literature

    According the information described on course description, learning environment materials and references used in learning assignments.

    Books:
    978-1-4080-9381-8 Management accounting for business
    978-0-7494-6627-5 The handbook of logistics and distribution management
    978-0749469344 Warehouse management

    Lecturer(s)

    Risto Pakarinen, Petri Vauhkonen

    Campus

    Main Campus

    Exam dates and re-exam possibilities

    No final exam, instead learning assignments during the course.

    Timing

    09.01.2023 - 19.05.2023

    Learning assignments and student workload

    One credit corresponds to an average of 27 hours of work, which means that the load of five credits is approximately 135 hours.

    Enrollment

    01.11.2022 - 05.01.2023

    Groups
    • TLP23VK
    • TLP22VS
    • TLP21S1
    Alternative learning methods

    The admission procedures are described in the degree rule and the study guide. The teacher of the course will give you more information on possible specific course practices.

    Seats

    0 - 60

    Degree Programme

    Bachelor's Degree Programme in Purchasing and Logistics Engineering

    Mode of delivery

    Face-to-face

    Credits
    • 5 cr
    Unit

    School of Technology