The Principles of Economics

Type of study	Bachelor
Language of instruction	Czech
Code	654-2201/01
Abbreviation	ZE
Course title	The Principles of Economics
Credits	4
Coordinating department	Department of Industrial Systems Management
Course coordinator	Ing. Eva Švecová, Ph.D.

Subject syllabus

- The subject- matter of economics, the basic terms.
- Legal forms of businesses.
- Financial statements - balance sheet, profit and loss account.
- Company assets and financial structure of assets.
- Company costs.
- Company revenues, company profit.
- Methods of financial analysis.
- Company life.
- The principles of company management – the meaning of management, basic managerial functions.
- The application of management principles in various areas of the company.

E-learning

https://www.vsb.cz/e-vyuka/cs/subject/654-2201/01

Literature

BENCSIK, A. Knowledge management initiatives and strategies in small and medium enterprises. Hershey: IGI Global, 2017. .
ALHABEEB, M. J. Entrepreneurial finance: fundamentals of financial planning and management for small business. Hoboken: Wiley, 2015. ISBN 978-1-118-69151-9.

Advised literature

BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2.

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