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Economia e Organizzazione Aziendale (GEST)
Business economics
Diego D'Adda

Seat Ingegneria
A.A. 2016/2017
Credits 9
Hours 72
Period I
Language ENG

Prerequisites
None

Learning outcomes
KNOWLEDGE AND UNDERSTANDING:
The course will enable the students to acquire basic knowledge of business economics and some aspects about the organization of firms. This knowledge will be fundamental prerequisites for subsequent courses in economic and management disciplines that students will take. The topics the course will cover are the external accounting and cost accounting, the evaluation criteria of decisions in the short and long term and will introduce concepts and models related to strategy and business organization.
CAPACITY TO APPLY KNOWLEDGE AND UNDERSTANDING:
The student will learn the main features of a firm, how to analyze the economic and operating impact of internal and external flows affecting the company and how to assess the economic convenience of the typical choices a firm faces in the short and in the long run. This will reflect in the acquisition of a number of skills, such as 1) the ability to analyze a company from information found (for example in the balance sheet); 2) the ability to register how a specific transaction involving the company in a certain period of time will translate in a book entry and then in an economic / financial result; 3) the ability to use appropriate costing techniques in order to estimate the cost of a product / service; 4) the ability to assess the economic convenience of a decision, be it in the short term or long term oriented (e.g. an investment); 5) the ability to understand the competitive environment in which the firm operates and the strategy it pursues.
TRANSVERSAL SKILLS:
The students will be asked to perform an analysis of existing firms. This task will be performed in groups and will lead to develop a report, will help the student in improving his judgment skills, communication skills thanks to the teamwork and his ability to learn and to draw conclusions.

Program
he firm: introduction External Accounting: Balance Sheet Internal Accounting: Cost Accounting Short term Decisions Long-term Decisions: Investment Evaluation Criteria Strategy and organization

Development of the examination
LEARNING EVALUATION METHODS
written examination. Moreover, students aregiven the possibility to complete group assignments that can increment the final mark.

LEARNING EVALUATION CRITERIA
Studens should be able to grasp theoric knowledge provided in the lessons, to make and understand a balance sheet, to evaluate an invesment, to apply the principal cost accouning mehods, to evaluate short term decisions.

LEARNING MEASUREMENT CRITERIA
Final marks over 30 points (18: pass - 30 cum laude: highest)

FINAL MARK ALLOCATION CRITERIA
Sum of the points obtained by answering written questions, re-scaled plus the eventual incremental points of the assignments.

Recommended reading
Giudici, G., 2002, Gestire le Risorse dell'Impresa, Maggioli Editore

Courses

• Ingegneria Gestionale (Corso di Laurea Triennale Fuori Sede (DM 270/04))