Bioeconomy Economy and Operating Environment (5 cr)

Evaluation scale

0-5

Objective

The student understands the importance of basic economic concepts important for the development of bioeconomy.
The student understands the significance of the business environment of the various sectors of the bioeconomy sector as a part of their development and management activities.

Content

Turnover and employment in the bioeconomy sector
Regional operating environment and its analysis
International business environment and its analysis
Investment planning and investment implementation basics
The basics of carrying out product development projects

Materials

Karhinen Reijo; Uusi alku. Maatalous on myös tulevaisuuden elinkeino. Maa- ja metsätalousministeriön julkaisu-ja 2019:3
ISBN: 978-952-453-998-2
Elintarviketalous 4.0. VTT:n visio älykkään, kuluttajakeskeisen ruokatuotannon aikakauteen. VTT Visions 9.
ISBN: 978-951-38-8500-7.
Ruoka ja luonnonvaratilastojen e-vuosikirja 2020
Tilastoja maataloudesta,metsäsektorilta sekä kala- ja riistataloudesta.
Luonnonvara- ja biotalouden tutkimus 86/2019
ISBN: 978-952-326-880-7
Matti Pohjola, Taloustieteenoppikirja (Basics of economy)
History of Finnish agriculture parts 2 and 3

Teaching methods

Luennointi / kontaktiopetus
Harjoitustehtävät
Itsenäiset tehtävät

Exam schedules

Sovitaan aloitusluennolla

Student workload

Contact lessons 20 h
Individual work 50 h
Assignments 40 h
Preparation to exam 25 h
135 h in total

Assessment criteria, satisfactory (1)

Excellent (5): The student masters the essentials and is able to apply them critically and innovatively in solving demanding growth problems in the bioeconomy eg system integration.
Excellent (4): The student masters the essentials and is able to apply them critically and innovatively in solving eco-economic challenges in the bioeconomy, eg in the planning of waste recovery.
Good (3): the student knows the essentials of the course:
- is familiar with the concepts of economics applied to the bioeconomy and the basic methods of their calculation and is able to make well-founded choices regarding the economic impact of bioeconomy development measures.
Satisfactory (2): The student is familiar with the basics and terminology of economics but has deficiencies in the application of key issues to the bioeconomy reference framework.
Required (1): The student knows the basics and terminology of economics thinking.

Assessment criteria, good (3)

Good (3): the student knows the essentials of the course:
The student is familiar with the concepts of economics applied to the bioeconomy and the basic methods of their calculation and is able to make well-founded choices regarding the economic impact of bioeconomy development measures.

Excellent (4): The student masters the essentials and is able to apply them critically and innovatively in solving eco-economic challenges in the bioeconomy, eg in the planning of waste recovery.

Assessment criteria, excellent (5)

Excellent (5): The student masters the essentials and is able to apply them critically and innovatively in solving demanding growth problems in the bioeconomy eg system integration.