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Principles of Economics

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Course Unit Code345-0324/11
Number of ECTS Credits Allocated5 ECTS credits
Type of Course Unit *Compulsory
Level of Course Unit *First Cycle
Year of Study *Third Year
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
NEC45Ing. Libor Nečas, Ph.D.
NEV050doc. Ing. Jan Nevima, Ph.D.
Summary
The subject offers basic orientation in economics. The individual chapters logically follow one another, from the general themes of macroeconomics - indicators and instruments, theoretical flows, through the economy-wide structure to the problems of founding companies, their property and organization, economic activity, cost and income management, cash flow and rehabilitation companies.
The course will provide an overall and basic orientation in the main disciplines of economics. It focuses mainly on general and macroeconomics and the basic concepts of financial systems. Graduates will gain the necessary knowledge to analyze and estimate the impact of economic policy on the business community.
Learning Outcomes of the Course Unit
The goal of subject is to gain orientation in the field and understand the links to related subject matter of follow-up articles. The student demonstrates the degree of fulfillment of the objectives in the final test and fulfillment of tasks for completion of the course.
Course Contents
Lecture:
1. Overview of economics
2. Macroeconomic indicators
3. Macroeconomic instruments
4. Enterprise as part of the national economy
5. Engineering production enterprise
6. Establishment of a company and choice of its legal form
7. Property and organizational construction of a company, business activities
8. Enterprise assets and financial statement Balance Sheet
9. Economic Operations
10. Economic activity of the enterprise and generation of profit
11. Business Cost Management and Revenue Management
12. Cash flows in the enterprise
13. Remediation and Extinction of the Company (Insolvency Law)
14. Summarizing and completing the curriculum
Recommended or Required Reading
Required Reading:
[1] DRANSFIELD, R. – Business economics. London: Routledge, 2014, 486 s.
[1] HOLMAN, R. Ekonomie. Praha : C-H-BECK, 1999. 720 s.
[2] DRANSFIELD, R. – Business economics. London: Routledge, 2014, 486 s.
[3] SAMUELSON, P.A. A KOL. Transformace. Praha : Svoboda, 1991. 750 s.
[4] FRAIT, J. A KOL. Makroekonomie. Ostrava : McProm, 1994
[5] NEČAS, Libor. Základy ekonomiky. Ostrava: Fakulta strojní, VŠB-TU Ostrava, 2012. 107 s.
[6] NEČAS, Libor. Ekonomika a management. Ostrava: Fakulta strojní, VŠB-TU Ostrava, 2012. 100 s.
Recommended Reading:
[1] KORÁB, Vojtěch. Business plan. Vyd. 1. Brno: ComputerPress, c2007, 216 s.
[2] ŽÁK, Milan. Great economic encyclopedia. 2. rozš. vyd. Praha: Linde, 2002, 887 s.
[3] PELC, Vladimír. Encyclopedic dictionary of entrepreneur. Vyd. 1. Praha: Grada, 1995, 332 s.
[1] KORÁB, Vojtěch. Podnikatelský plán. Vyd. 1. Brno: ComputerPress, c2007, 216 s.
[2] ŽÁK, Milan. Velká ekonomická encyklopedie. 2. rozš. vyd. Praha: Linde, 2002, 887 s.
[3] PELC, Vladimír. Encyklopedický slovník podnikatele. Vyd. 1. Praha: Grada, 1995, 332 s.
Planned learning activities and teaching methods
Lectures, Individual consultations, Tutorials, Project work, Other activities
Assesment methods and criteria
Task TitleTask TypeMaximum Number of Points
(Act. for Subtasks)
Minimum Number of Points for Task Passing
Credit and ExaminationCredit and Examination100 (100)51
        CreditCredit35 21
        ExaminationExamination65 30