ERAS3029 - Seminar in economics (for exchange students)
Mode of delivery :
Face-to-face , first term, 30 hours of theory.
Language of instruction :
Learning outcomes :
- Application and integration of prior basic knowledge of business economics
- Understanding the essentials of business modeling
- Understanding the essentials of entrepreneurship
- Understanding the dynamics of systems
- Understanding the principles of design thinking
- Solving business economics problems by using a system theory approach
- Model building
- Construction of dashboards
- Working in groups and presenting work.
Course contents :
Students develop a business model for an new business idea. They may choose to develop the business model for their own present or future start-up company or for a fictious start-up company. The final product will take the form of a dashboard that can be used to strategically manage the company.
The course is mainly hands-on, but is strongly based on practical theory. This principle will also be reflected in the examination.
Planned learning activities and teaching methods :
- Explanation (theory), followed by hands-on exercises.
- Students will team-up (group work) to work on the development of different business models. Each group will present its work to the others on a continuous basis so that fellow-students can comment.
Assessment methods and criteria :
The final grade will be determined by:
- Examination (out of session) on computer and/or paper (2 hours) on techniques, themes and application of tools (40%)
- Group work (60%). Grade awarded:
o Participation in the course (attendance in class and quality of the activity) In case of absence: please inform the teacher by e-mail. Each student is entitled to two absences without having to justify them. However, students must be present for the final presentation.
o Quality of the final work (content, technique, form and oral presentation)
Recommended or required reading :
Other information :
References, slides and data files can be downloaded from Moodle.