EPN-V2

ØASØK4500 Natural Resource Economics Course description

Course name in Norwegian
Naturressursøkonomi
Study programme
Master Programme in Business Administration
Weight
10.0 ECTS
Year of study
2022/2023
Curriculum
SPRING 2023
Schedule
Course history

Introduction

The exam in the course is a supervised exam of 4 hours.

Required preliminary courses

The following aids are permitted:

  • Textbook - Management and cost accounting by Colin Drury.
  • One notebook containing hand-written and/or printed notes.
  • One dictionary Native language - English/English - native language or English - English

Please note that it is not allowed to bring any loose papers and post-it slips in either the textbook or the notebook.

Learning outcomes

The exam papers are assessed by one internal and one external examiner.

At least 25% of the exam papers will be assessed by two examiners. The grades awarded for the papers assessed by two examiners form the basis for determining the level for all the exam papers.

Teaching and learning methods

Muhammad Azeem Qureshi

Course requirements

The course assumes that students are familiar with basic concepts of strategy, financial accounting, and cost and management accounting.

Assessment

  • Income effects of alternative cost accumulation systems
  • Quantitative models for cost estimation and cost behavior
  • Cost-volume-profit analysis
  • Profitability analysis for:

    • Product mix decisions
    • Outsourcing decisions
    • Replacement decisions
    • Discontinuation decisions
    • Cost-volume-profit analysis
  • Decision making under risk and uncertainty
  • Capital investment decisions
  • Variance analysis for performance management
  • Divisional performance analysis and transfer pricing
  • Emerging economic, ethical, social, and environmental issues in strategic management accounting and value creation.

Permitted exam materials and equipment

Ingen.

Grading scale

Gradert skala A-F.

Examiners

Det benyttes intern og ekstern sensor til sensurering av besvarelsene. Et uttrekk på minst 25 % av besvarelsene sensureres av to sensorer. Karakterene på disse samsensurerte besvarelsene skal danne grunnlag for å fastsette nivå på resten av besvarelsene.