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Archived Curricula Guide 2017–2019
Curricula Guide is archieved. Please refer to current Curricula Guides
KATLITO5 Economics and the Business Environment 5 ECTS
Organised by
Degree Programme in Business Studies
Person in charge
Jussi Heikkilä & Sami Remes (jussi.heikkila(a)jyu.fi; sami.remes(a)uta.fi)

Learning outcomes

On successful completion of the course, students will be able to:
- define basic economic concepts?
- understand economic thinking and to apply economic theory in the analysis of the business environment and market economies.


The course provides students with basic skills in analyzing the business environment and its evolution from an economic perspective. Proactive identification of opportunities and threats of the business environment is increasingly important for successful businesses in the global economy.
During the course, students will familiarize themselves with the decision-making of firms and consumers and how the markets function (microeconomics); economic growth, business cycles, labour markets, inflation, monetary policy, and economic policy (macroeconomics); the role of the public sector and focal public policy instruments in market economies (public economics); international trade, financial markets, European integration and multinational companies (global economy).

Teaching language


Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Open University Students
  • Doctoral Students
  • Exchange Students
In Finnish
Participation in course work 
In Finnish

Evaluation and evaluation criteria

Numeric 1-5.
Individual assignments according to the instructions given at the beginning of the course.

Study materials

The teachers will specify the literature at the beginning of the course.

Further information

Spring 2018

Belongs to following study modules

Faculty of Management
Archived Teaching Schedule. Please refer to current Teaching Shedule.
Faculty of Management