Table of contents

The course is connected to the following study programs

Teaching language

Norwegian

Learning outcomes

Upon successful completion of this course the student should be able to:
  • explain direct, marginal and absorption costs and their use in pricing
  • apply different costing and accounting systems
  • prepare and interpret budgets, standard costs and variance statements.
  • explain different methods and techniques in decision analysis
  • formulate and solve basic decision problems

Contents

This is an introductory course in applied economics. The course covers basic methods and techniques of management accounting. Furthermore, it will cover cost theory, budgets and variance statements and give a basic introduction to quantitative decision analysis.

Teaching and learning methods

Lectures and group work. Estimated workload is about 135 hours.

Examination requirements

Approved mandatory assignment. Assignments from previous courses will not automatically be approved.

Examinations

3-hour written individual examination

Student evaluation

The person responsible for the course decides, in cooperation with student representative, the form of student evaluation and whether the course is to have a midway or end of course evaluation in accordance with the quality system for education, chapter 4.1.

Offered as a free-standing course

Yes. Subject to availability or capacity.

Admission Requirement if given as a free-standing course

Higher Education entrance qualifications

Admission for external candidates

No

Reduction of Credits

This course’s contents overlap with the following courses. A reduction of credits will occur if one of these courses is taken in addition:

Course Reduction of Credits
TFL101 – Business Administration and Mathematics for IT Students. 5
BE-104 – Managerial Accounting. 5
BE-110 – Introduction to Management Accounting. 5
BE-110 – Management Accounting 1. 5
Last updated from FS (Felles studentsystem) Oct. 15, 2026 8:06:01 AM