Logistics Economics (6cr)
Course unit code: TLBJ3660
General information
- Credits
- 6 cr
- Teaching language
- Finnish
Objective
The students are able to establish the cost structure of a logistics company and to manage a business.
Content
Profitability, liquidity, solidity, and their interdependence.
Accounting: purpose and aims
General and management accounting
Basic logic in bookkeeping
Basics of accounting Income statement and balance sheet The most common key figures in the statement of accounts Direct and indirect taxation Working capital and return on investment (ROI) Investment planning, investment calculations and depreciations Product and activity-based costing Pricing and marginal costing Budgeting and other planning and alternative calculations
Qualifications
Basic engineering studies, basics of economics and logistics
Assessment criteria, satisfactory (1)
Participation in classes, group assignment reports and presentations, exam