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Logistics EconomyLaajuus (5 cr)

Code: TLLY8500

Credits

5 op

Teaching language

  • Finnish
  • English

Responsible person

  • Petri Vauhkonen

Objective

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.

Content

Accounting principles, profitability and cost calculations, cost factors and pricing principles in the field of transportation and intralogistics services.

Qualifications

Knowledge of logistics basis

Assessment criteria, satisfactory (1)

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, good (3)

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, excellent (5)

Excellent 5:
Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.

Enrollment

20.11.2023 - 14.01.2024

Timing

08.01.2024 - 30.04.2024

Number of ECTS credits allocated

5 op

Virtual portion

2 op

Mode of delivery

60 % Face-to-face, 40 % Online learning

Unit

School of Technology

Campus

Main Campus

Teaching languages
  • English
Seats

0 - 30

Degree programmes
  • Bachelor's Degree Programme in Purchasing and Logistics Engineering
Teachers
  • Risto Pakarinen
  • Mikko Ilola
  • Petri Vauhkonen
Groups
  • TLP22S1
    Bachelor's Degree Programme in Purchasing and Logistics Engineering
  • TLP23VS
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • TLP24VK
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies

Objectives

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.

Content

Accounting principles, profitability and cost calculations, cost factors and pricing principles in the field of transportation and intralogistics services.

Time and location

Spring semester 2023. Contact lessons at JAMK's main campus, Rajakatu.

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

Teaching methods

Face-to-face learning and distance learning, group works and personal assignments.
Contact lessons at JAMK's main campus, Rajakatu.

Exam dates and retake possibilities

Exam date will be agreed in the beginning of the course.

Alternative completion 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.

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.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

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.

Evaluation criteria, good (3-4)

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.

Evaluation criteria, excellent (5)

Excellent 5:
Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.

Prerequisites

Knowledge of logistics basis

Enrollment

01.11.2022 - 05.01.2023

Timing

09.01.2023 - 19.05.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Face-to-face

Unit

School of Technology

Campus

Main Campus

Teaching languages
  • English
Seats

0 - 60

Degree programmes
  • Bachelor's Degree Programme in Purchasing and Logistics Engineering
Teachers
  • Risto Pakarinen
  • Petri Vauhkonen
Teacher in charge

Petri Vauhkonen

Groups
  • TLP23VK
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • TLP22VS
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • TLP21S1
    Bachelor's Degree Programme in Purchasing and Logistics Engineering

Objectives

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.

Content

Accounting principles, profitability and cost calculations, cost factors and pricing principles in the field of transportation and intralogistics services.

Time and location

Spring semester 2023

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

Teaching methods

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

Exam dates and retake possibilities

No final exam, instead learning assignments during the course.

Alternative completion 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.

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.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

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.

Evaluation criteria, good (3-4)

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.

Evaluation criteria, excellent (5)

Excellent 5:
Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.

Prerequisites

Knowledge of logistics basis

Enrollment

01.11.2021 - 23.01.2022

Timing

10.01.2022 - 29.04.2022

Number of ECTS credits allocated

5 op

Virtual portion

2 op

Mode of delivery

60 % Face-to-face, 40 % Online learning

Unit

School of Technology

Campus

Main Campus

Teaching languages
  • English
Seats

0 - 30

Degree programmes
  • Bachelor's Degree Programme in Purchasing and Logistics Engineering
Teachers
  • Risto Pakarinen
  • Petri Vauhkonen
Teacher in charge

Petri Vauhkonen

Groups
  • TLP20S1
    Bachelor's Degree Programme in Purchasing and Logistics Engineering
  • TLP21VS
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • TLP22VK
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies

Objectives

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.

Content

Accounting principles, profitability and cost calculations, cost factors and pricing principles in the field of transportation and intralogistics services.

Time and location

Spring semester 2022.

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

Teaching methods

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

Exam dates and retake possibilities

No final exam, instead learning assignments during the course.

Alternative completion 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.

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.

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

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.

Evaluation criteria, good (3-4)

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.

Evaluation criteria, excellent (5)

Excellent 5:
Student has gained knowledge at all previous levels and is capable to evaluate and reflect personal learning outcomes.

Prerequisites

Knowledge of logistics basis