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Public Economics

Structure Type: Study unit
Code: TL00BQ84
Curriculum: LT 2025V
Level: Bachelor of Business Administration
Year of Study: 1 (2025-2026)
Semester: Spring
Credits: 5 cr
Responsible Teacher: Niittykoski, Jukka
Language of Instruction: Finnish

Courses During the Academic Year 2025-2026

Impl.Group(s)Study TimeTeacher(s)LanguageEnrolment
3001LT2025-A, LT2025-B, LT2025-C, LT2025-D, LT2025-W, LT2025V-K2025-10-20 – 2026-06-15Jukka NiittykoskiFinnish2025-08-08 – 2026-04-30

Learning Outcomes

The student understands the key structures, actors, and operational mechanisms of the national economy, as well as the interactions between them. They can analyze fundamental economic concepts such as gross domestic product, inflation, unemployment, and economic growth, and their significance for societal well-being. Additionally, the student learns to assess the functioning of market mechanisms and the role of public finance in economic regulation and resource allocation.

The student is capable of examining economic phenomena from both national and global perspectives and understands the impact of the international economy on the local economy. They can apply learned economic principles to the analysis of current issues and utilize statistical data to support decision-making.

Student's Workload

5sp equals 135 hours

Prerequisites / Recommended Optional Courses

No prior studies.

Contents

Basic concepts of economics. Demand and supply. Elasticities. Market structures. Depicting economic development. Economic growth and business cycles. Economic equilibrium. Economic policy. Money and financial markets.

Regional Impact

The course takes local businesses in the area into account.

Internationality

The course takes the international characteristics of the region into account.

Recommended or Required Reading and Other Learning Resources/Tools

Lindholm & Kettunen: Globaali kansantalous, 1-2. painos. Edita Publishing Oy. Keuruu 2019.

Mode of Delivery / Planned Learning Activities and Teaching Methods

Independently studied online course.

Assessment Criteria

Pass/Fail.

Assessment Methods

Instructor's assessment.

Work Placement

-

Further Information

-


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