Course code

RIM6101.YK

old course code

Course title in Estonian

Ettevõtlus ja majandus

Course title in English

Entrepreneurship and Economics

ECTS credits

6.0

Assessment form

assessment

lecturer of 2024/2025 Autumn semester

Rünno Lumiste (language of instruction:Estonian)

lecturer of 2024/2025 Spring semester

Not opened for teaching. Click the study programme link below to see the nominal division schedule.

Course aims

To create preconditions for understanding knowledge related to entrepreneurship and economics, to support students’ development so that they could participate in the social discussion on economic issues, and understand the role of entrepreneurship and entrepreneurs in the society.

Brief description of the course

Scarcity of resources, opportunity cost, market, demand and supply
The role of an enterprise in economy.
Starting a business, life cycle, being an entrepreneur, risks and advantages.
Business plan, role in starting a business, main parts of a business plan
Different needs for submitting a business plan, bank, Unemployment Insurance Fund, private investor
National economy, revenue and expenditure cycle, total demand and aggregate supply.
Money and monetary policy. Economic cycles, GDP, unemployment and inflation.
Government’s role in economy. Revenue and expenditure in the state budget.
Fiscal policy in Estonia.

Learning outcomes in the course

Upon completing the course the student:
- understands the nature of entrepreneurship and entrepreneur, the role and principles of drawing up a business plan;
- knows the basic concepts in economics and understands the underlying operational mechanisms of economy;
- is able to navigate in main macroeconomic indicators and to join the discussion on economy.

Teacher

Anneli Kommer, Kristo Krumm, Indrek Saar

The course is a prerequisite

Study programmes containing that course

Social Work (STSTB/24-t.YK)
Public and Business Management (RIHKB/24-o.YK)
Public and Business Management (RIHKB/24-t.YK)
Social Pedagogy (STSPB/24-t.YK)
Social Pedagogy (STSPB/24-o.YK)
Politics and Government (RIRIB/24-o.YK)
Law (AKLB/24.YK)
Sociology (RASLB/24-t.YK)
History (AIAJB/24.HT)
Social Work (STSTB/24-o.YK)
Politics and Governance (RIPGB/24.YK)
Liberal Arts in Social Sciences (KKLSB/24.YK)
Law (AKOB/24-o.YK)
Politics and Government (RIRIB/24-t.YK)
Sociology (RASLB/24-o.YK)
Law (AKLB/23-hel.YK)
Social Work (STSTB/23-o.YK)
Law (AKLB/23.YK)
Sociology (RASLB/23-o.YK )
Social Work (STSTB/23-t.YK)
Sociology (RASLB/23-t.YK)
Politics and Government (RIRIB/23-t.YK)
Public and Business Management (RIHKB/23-o.YK)
Politics and Government (RIRIB/23-o.YK)
Liberal Arts in Social Sciences (KKLSB/23.YK)
Politics and Governance (RIPGB/23.YK)
History (AIAJB/23.HT)
Public and Business Management (RIHKB/23-t.YK)
Law (AKOB/23-o.YK)
Law (AKLB/22.YK)
Politics and Governance (RIPGB/22.YK)
Politics and Government (RIRIB/22.YK)
Sociology (RASLB/22.YK)
Public and Business Management (RIHKB/22-o.YK)
History (AIAJB/22.HT)
Law (AKOB/22-t.YK)
Social Work (STSTB/22.YK)
Public and Business Management (RIHKB/22-t.YK)
Law (AKOB/22-o.YK)
Law (AKLB/22-hel.YK)
Liberal Arts in Social Sciences (KKLSB/22.YK)
Politics and Governance (RIPGB/21.YK)
Law (AKOB/21.YK)
Politics and Government (RIRIB/21.YK)
Sociology (RASLB/21.YK)
Law (AKLB/21.YK)
Environmental Management (MLKSB/21.LT)
History (AIAJB/21.HT)
Liberal Arts in Social Sciences (KKLSB/21.YK)
Public and Business Management (RIHKB/21.YK)
Social Work (STSTB/21.YK)
Teacher of Computer Science (IFIOM/22.DT)
Law (AKLB/21-hel.YK)
Sociology (RASLB/20.YK)
History (AIAJB/20.HT)
Law (AKOB/20.YK)
Politics and Governance (RIPGB/20.YK)
Teacher of Computer Science (IFIOM/21.DT)
Social Work (STSTB/20.YK)
Environmental Management (MLKSB/20.LT)
Law (AKLB/20.YK)
Politics and Government (RIRIB/20.YK)
Public and Business Management (RIHKB/20.YK)
Liberal Arts in Social Sciences (KKLSB/20.YK)
Public and Business Management (RIHKB/19.YK)
Law (AKLB/19.YK)
History (AIAJB/19.HT)
Liberal Arts in Social Sciences (KKLSB/19.YK)
Law (AKOB/19.YK)
Politics and Government (RIRIB/19.YK)
Politics and Governance (RIPGB/19.YK)
Sociology (RASLB/19.YK)
Social Work (STSTB/19.YK)
Primary School Teacher (KAKLI/17.HR)
Environmental Management (MLKSB/19.LT)
Teacher of Computer Science (IFIOM/20.DT)
Politics and Governance (RIPGB/18.YK)
Law (AKOB/18.YK)
Law (AKLB/18.YK)
Liberal Arts in Social Sciences (KKLSB/18.YK)
Sociology (RASLB/18.YK)
Public and Business Management (RIHKB/18.YK)
History (AIAJB/18.HT)
Social Work (STSTB/18.YK)
Teacher of Computer Science (IFIOM/19.DT)
Environmental Management (MLKSB/18.LT)
Politics and Government (RIRIB/18.YK)
History (AIAJB/17.HT)
Politics and Government (RIRIB/17.YK)
Environmental Management (MLKSB/17.LT)
Public and Business Management (RIHKB/17.YK)
Social Work (STSTB/17.YK)
Sociology (RASLB/17.YK)
Law (AKLB/17.YK)
Law (AKOB/17.YK)
Politics and Governance (RIPGB/17.YK)
Journalism (KOAB/17.FK)
Liberal Arts in Social Sciences (KKLSB/17.YK)
Sociology (RASLB/16.YK)
Law (AKLB/16.YK)
Social Work (STSTB/16.YK)
Environmental Management (MLKSB/16.LT)
Liberal Arts in Social Sciences (KKLSB/16.YK)
Public and Business Management (RIHKB/16.YK)
Journalism (KOAB/16.FK)
History (AIAJB/16.HT)
Politics and Governance (RIPGB/16.YK)
Politics and Government (RIRIB/16.YK)
Law (AKOB/16.YK)
History (AIAJB/00.HT)