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
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