Managerial Economics and Entrepreneurship

2023/2024

Content, progress and pedagogy of the module

Learning objectives

Knowledge

  • Must have knowledge on theories of entrepreneurship
  • Must have knowledge on technology management
  • Must have knowledge on product, process and market innovation
  • Must have knowledge on servitization of manufacturing industries and industrialization of service industries
  • Must have knowledge on internationalization strategies
  • Must have knowledge on business eco-systems
  • Must have knowledge on financial analysis including accounting

Skills

  • Must be able to apply a costing and pricing strategy for products and services
  • Must be able to apply a basic financial analysis and investment and risk analysis
  • Must be able to evaluate the benefits and disadvantages of a change management process
  • Must be able to evaluate the pros and cons of insourcing and outsourcing

Competences

  • Must have competences in how to apply economic terms to practical managerial circumstances
  • Must have competences in preparing a business plan
  • Must have competences in assessing a competitive business strategy

Type of instruction

Types of instruction are listed at the start of §17; Structure and contents of the programme.

Exam

Exams

Name of examManagerial Economics and Entrepreneurship
Type of exam
Written or oral exam
ECTS5
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Facts about the module

Danish titleErhvervsøkonomi og entrepreneurskab
Module codeESNICTEK3K8N
Module typeCourse
Duration1 semester
SemesterAutumn
ECTS5
Language of instructionEnglish
Empty-place SchemeYes
Location of the lectureCampus Copenhagen
Responsible for the module

Organisation

Study BoardStudy Board of Electronics and IT
DepartmentDepartment of Electronic Systems
FacultyThe Technical Faculty of IT and Design