Curricula Guides

Uusi opinto-opas (sisältäen myös opetusohjelmat) lukuvuodelle 2018-2019 sijaitsee osoitteessa . Tältä sivustolta löytyvät enää vanhat opinto-oppaat ja opetusohjelmat.

The new study guide (incl. teaching schedules) for academic year 2018-2019 can be found at This site contains only previous years' guides.

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Archived Curricula Guide 2013–2014
Curricula Guide is archieved. Please refer to current Curricula Guides
KV202255 KV26 Business Prospects in the Arctic 4 ECTS
Organised by
International Business
Person in charge
Eini Laaksonen
Preceding studies
It is highly recommended to complete at least KV22 or KV23 before taking this course.

Learning outcomes

After completing this intensive course, students will be able to describe and understand the economic developments taking place in the Arctic region. Students will also be capable of analysing the impact of environmental, political and other trends on doing business in the region. Moreover, students will learn about engaging in and doing cross-border business collaboration in the High North as some selected case companies with Arctic business expertise will be presented.


Due to global warming and technological advancements, the natural resources and sea routes in the High North are becoming increasingly accessible. As a result, the economic activity to exploit these resources is increasing, particularly in the maritime, energy, and mining industries. The increasing activity creates business opportunities to other sectors as well. However, the Arctic is also more and more interesting political arena due to its strategic importance, and at the same time a unique and very fragile natural environment. This course presents the conditions as well as future opportunities and challenges to doing business in the Arctic, with particular focus in the Barents Sea region.

Teaching methods

Teaching method Contact Online
Lectures 14 h 0 h

Intensive course with lectures by Laaksonen (6 h), Liuhto (2 h) and guest lecturers.

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Doctoral Students
  • Exchange Students
Participation in classroom work
  • In English
  • In English
Written exam
  • In English
Participation in classroom work and Exercise(s) and Written exam


Numeric 0-5.

Recommended year of study

2nd or 3rd year IV

Study materials

  1. Baltic Rim Economies – Special Issue on the Future of the Arctic (2011) Issue no. 4, 30 November 2011. Available at
  2. Baltic Rim Economies – Special Issue on the Future of the Arctic (2013) Issue no. 2, 27 March 2013. Available at
  3. Emmerson, Charles – Lahn, Glada (2012) Arctic Opening: Opportunity and Risk in the High North. Produced by Lloyd’s and Chatham House. Available at
  4. Politics of Development in the Barents Region (2012) Tennberg, Monica (ed.). Rovaniemi: Lapland University Press. Available at
  5. Information on additional material will be announced in the beginning of the course.

Belongs to following study modules

Department of Marketing and International Business
Department of Marketing and International Business
Turku School of Economics
Archived Teaching Schedule. Please refer to current Teaching Shedule.
Implementation details are unavailable.
Department of Marketing and International Business
Operations and Supply Chain Management
Economic Geography
International Business
Finnish Study Modules
Business Japanese
Economic Sociology
Business Chinese