MM-304 Economy and Innovation
- ECTS Credits:
- 5
- Responsible department:
- Faculty of Engineering and Science
- Course Leader:
- Rune Andersen
- Lecture Semester:
- Spring
- Teaching language:
- English
- Duration:
- 1 term
The course is connected to the following study programs
Teaching language
EnglishCourse contents
Entrepreneurship and innovation, risk analysis, technology and economics, rhetoric and basic budgeting and accounting. Financial management of large and small projects.
Learning outcomes
After completing the course, the student should:
-
Be able to perform a strategic analysis (SWOT-analysis)
-
Have knowledge of innovation and innovation processes
-
Have knowledge of basic budgeting and accounting
-
Have knowledge of financial management in large and small projects
Teaching methods
Lectures and practices that are linked to the themes mentioned in course content. Group project, where the students are to evaluate a business case, perform a SWOT-analysis and present it orally. The project is based on a fictional business start-up. The students are also to evaluate the societal and economic consequences and connections of the start-up.
Expected workload pr student is about 135 hours (27 hours pr ECTS).
Evaluation
The study program manager, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.
Assessment methods and criteria
Project, in group. Common graded assessment.