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Sustainable Global Environment

Sustainable Global Environment

Code: ECO1LF001
Extent: 9 ECTS (243 h): Part A (3 ECTS), Part B (3 ECTS), Part C (3 ECTS)
Timing: Semester  1
Language: English
Level: Basic studies
Type: Compulsory

Prerequisites

The student has successfully completed the course LEA1LF001 The Developing Professional. The course is part of the module: Introduction to Global Business and integrated with Business Swedish (for Finnish Students) and Introduction to the Finnish Language (for  international students).

Learning outcomes

Upon successful completion of the course, the student

  • is able to use  the basic tools for analyzing the global macroeconomic environment.
  • knows the basic concepts and theories of economics and  sustainable  global business.
  • is familiar with the characteristics of business-to-business services processes and is capable of visualizing service processes.
  • has increased skills in ICT, especially in spreadsheet computing computing and is able to act according HH3S descriptions in the digi-applier role
  • has developed further his/her critical  and systemic thinking, and information searching skills
  • has enhanced his/her HH3S competences as applicable to the course.

Course contents

Part A: Principles of Economics (3 ECTS)

  • Basic concepts of micro and macro economics including global aspects
  • Basic analytical skills of economic reasoning

Part B:Introduction to Sustainability and Services (3 ECTS)

Theme1: Introduction to Business-to-Business Services

  • Characteristics of  B-to-B services business

  • Visualization of B-to-B services processes

Theme 2: Elements of Sustainable Business

  • Concept of corporate responsibility and sustainable business practices
  • Mind sets for creating and building up sustainable business ideas

Part C: ICT Skills for Business 2 (3 ECTS)

  • Spreadsheet computing (Excel)
  • Integrated use of office programs

Cooperation with the business community

Real business based examples and cases, guest speakers, company visits as appropriate.

International dimension

International and global business approach to course themes and topics, contributions by multinational student groups and company cooperation.

Teaching and learning methods

Contact hours and exam
Workshops
Team work and project work
Independent studies
The assessment of one’s own learning 1 h

Accreditation of prior learning

Accreditation of prior learning (APL) is observed on the course according to separate instructions.

Teachers with the main responsibility for the course

Minna-Maari Harmaala
Sami Hartikainen
Pekka Käyhkö
Miikka Mäkelä
Matti Perttu
Mervi Riikonen
Seppo Suominen
Maija Suonpää

Course materials

Hubbard, R. & O’Brien, A. 2012 or 2009. Essentials of Economics. Pearson Education International. London. Selected chapters.
Lovelock, C., Wirtz, J. & Chep, P. 2009. Essentials of Services Marketing. Pearson Education. London. Selected chapters.
Vitale, R., Giglierano, J. & Pfoertsch, W. 2011. Business to Business Marketing. Pearson Education. Selected chapters.
Other essential course materials to be provided during the course in e-learning platform.

Recommended Reading:

Esty, D. & Winston, A. 2009. Green to Gold. Jonh Wiley & Sons.
Epstein, M. J. 2008. Making Sustainability Work. Greenleaf Publishing.
Werther, W. B. & Chandler, D. 2011. Strategic Corporate Social Responsibility. Sage Publications.

Assessment criteria

Grade/Learning Outcomes

1 (Min. 40%
competence level)
3 (Min. 70%
competence level)
5 (Min. 90%
competence level)
Knowledge The student understands some of the key concepts and models in microeconomics and macroeconomics, B-to-B services, sustainability and spreadsheet computing but lacks the idea of reasoning and connection to the business context. The student understands some of the key concepts in economics and the idea of economic reasoning, is able to describe the key concepts and service models in B-to-B services, understands the key concepts in CSR and the connection between CSR and profitability, and understands the key concepts of spreadsheet computing. The student understands the idea of economic reasoning, is able to describe and explain well the key concepts and service models in B-to-B services, can explain the key concepts in CSR and understands the connection between CSR and profitability, and masters the key concepts of spreadsheet computing.
Skills The student understands how the economic environment should be analyzed, has difficulties to recognize his/her role as a service minded team member, has a basic knowledge of how CSR of a company could be analyzed but is unable to successfully perform such an analysis, and is able to apply most of the spreadsheet computing’s basic functionalities. The student knows how the economic environment should be analyzed, is capable of interacting in a team and applying theoretical service models to a practical company case, how to analyze the CSR activities of a company on a general and very basic level, and applies spreadsheet computing’s basic functionalities effortlessly in hands-on business related situations. As a digi-applier, the student is able to recognize new service improving possibilities by using the right IT tools. The student knows how the economic environment should be analyzed and uses the skill without problems, is capable of interacting as a service minded team member and analyze and apply theoretical service models to a practical company case, can skillfully perform a basic analysis of a company’s CSR activities, and applies spreadsheet computing’s basic functionalities diversely in hands-on business related situations. As a digi-applier, the student is able to generate new service improving possibilities by using right IT tools.
Competence The student understands the relevance of economic news, creates very little value for the team and for the customer service processes in team performance, and is able to cope in basic spreadsheet computing usage situations. The student shows poor service and sales orientation as required by the HH3S policy. The student understands the relevance of economic news and how these are linked to firms’ and consumers’ decisions, is capable of creating value for the team and for the customer service processes, and is able to cope in many-sided spreadsheet computing usage situations. As a digi-applier, the student is able to recognize new service improving possibilities by using the right IT tools. The student shows a good service and sales orientation as required by the HH3S policy. The student understands how firms and consumers make economic decisions. The student’s service minded performance creates value for the team and for the customer service processes. The student is able to self-learn, when running into new spreadsheet computing usage situations. As a digi-applier, the student is able to generate new service improving possibilities by using right IT tools. The student shows excellent service and sales orientation as required by the HH3S policy.

Modes of assessment and their weights

Assessment

Assessment target

Minimum grade of 1 required for all targets. 

% of theme grade

% of course grade

Part A

Principles Of Economics

Exercises, project work and active participation

50%

33%

Examination

50%

 Theme total

100%

Part B

Theme 1

Introduction To Business-To-Business Services

 

Pre-study exercise

Pass/Fail

 

17%

Examination

50%

Project work

50%

Theme total

100%

Part B

Theme 2

Elements Of Sustainable Business

 

 

Active and purposeful contribution to class and pre-class assignments  

20%

 

17%

Team Assignment: Corporate responsibility report and presentation

40%

Examination

 40%

Theme total

100%

Part C

ICT Skills For Business 2

MS Excel home assignment 1

10%

 

33%

MS Excel home assignment 2

10%

Spreadsheet computing examination

80%

Theme total

100%

 

 

 

100%

The assessment of one's own learning does not influence the course grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed on an E-form.