course aims in Estonian
Aine eesmärgiks on tutvustada üliõpilastele majandusvalikute teoreetiliste lähtekohtade rakendamist logistikas. Ülevaate andmine maailmamajanduse ja toormehindade (nafta) mõjust logistikasektorile.
course aims in English
Acquisition of knowledge on how global economy impacts the logistics sector. Understanding how the the global economy and commodity prices (oil) companys with the focus on logistics sector.
learning outcomes in the course in Est.
1. Suudab selgitada majandusteooriate eripära logistika sektoris.
2. Mõistab maailmamajanduse toimemehhanismide mõju logistika ettevõtetele.
3. Teab Euroopa Liidu ja teiste majandusühenduste ajalugu ja arenguetappe.
4. Kasutab ja analüüsib oma kutsetegevuseks vajalikku toormehindade statistikat.
5. Mõistab toorainete maailmaturu toimimise üksikasju ja tunneb vastavat terminoloogiat.
learning outcomes in the course in Eng.
1. Knows how historic, current, and emerging economic models impact logistics sector.
2. Has an understanding of economic theory as it applies to companies of logistics sector.
3. Knows how to analyse the impact of a national, international, or global economic development issue on a company in the logistics sector
4. Understands how changes in commodity prices affect the logistics business.
5. Knows the structure of the international petroleum industry and its role in the international economy.
brief description of the course in Estonian
Aines antakse ülevaade maailmamajanduse mõjudest, et logistika sektoris töötajatel oskaksid mõjusid analüüsida juhtimisotsuste tegemiseks. Teemad hõlmavad erinevaid globaalseid intsidente ja trende, millel on otsena või kaudne mõju logistika sektori ettevõtetele. Regioonidevahelised majandussuhted, nende mõju logistikasektorile. Globaliseerumine ja selle tulemused. Makromajanduslikud näitajad ja trendid logistikasektori vaatenurgast, nende kasutamine juhtimisotsuste tegemisel. Toorainete maailmaturg.
brief description of the course in English
The subject gives an overview to logistics companies employees about principles of economic analysis used in managerial decision-making. Topics include global incidents and trends impacting the logistics sector and commodities market. Knows the structure of the international petroleum industry and its role in the international economy.This course examines evidence on the extent of globalization and its consequences. It is a study of global or open-economy macroeconomics. The “data watch” component of each unit ensures students’ familiarity with the actual global indicators encountered in the international business and economics media. The structure of the international petroleum industry and its role in the international economy and also impacts to the logistics sector. It will address the technical, commercial, legal, economic and political basis of the industry and the business models for key segments, including exploration and production, refining, marketing and natural gas.
type of assessment in Estonian
Kirjalik eksam
type of assessment in English
Written examination
independent study in Estonian
Informatsiooni hankimine valitud ettevõtte protsesside kohta ja selle struktureerimine selleks, et saaks tunnis edasi minna praktilise protsesside kaardistamisega.
independent study in English
To collect information about chosen company's business processes and its structuring for further use during the class during the practical process mapping.
study literature
Frohne, P.T., Quantitative Measurements for Logistics, International Society of Logistics, McGraw-Hill, New York
Scott Branch, A. Global supply chain management and international logistics.
study forms and load
daytime study: weekly hours
4.0
session-based study work load (in a semester):