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ECTS Course Overview



Managerial Economics of an Industrial Enterprise

* Exchange students do not have to consider this information when selecting suitable courses for an exchange stay.

Course Unit Code634-3016/02
Number of ECTS Credits Allocated6 ECTS credits
Type of Course Unit *Optional
Level of Course Unit *Second Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionCzech, English
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
JAN48prof. Ing. Kamila Janovská, Ph.D.
KUT064Ing. Josef Kutáč, Ph.D.
MYN07Ing. Martin Mynář, CSc.
Summary
The course provides students with basic knowledge of the economic management of an industrial enterprise, it is focused on the understanding of concepts and relationships in corporate economic management. The explanation is concentrated on the economic and financial management of the company with a focus on the specifics of metallurgical, mechanical and chemical production. It also contains the basics of enterprise management and application of management principles in various areas of the enterprise.
Learning Outcomes of the Course Unit
The student will be able to define basic relations of economic management of an industrial enterprise. The student will be able to use his/her theoretical knowledge to assess the financial situation and the health of the company in connection with the specifics of metallurgical, mechanical and chemical production.
Course Contents
1. The legal framework for business.
2. Organizational forms of business.
3. Basic Financial Statements - Balance Sheet, Profit and Loss Statement, cash flow.
4. Economic management and specifics of the manufacturing industry.
5. The capital and property structure of enterprises focused on the manufacturing industry.
6. Financing of industrial enterprises with regard to their specifics.
7. Economics and efficiency of enterprises focused on the manufacturing industry.
8. Objectives, functions and activities of an industrial enterprise.
9. Calculation of the production capacity - time funds, utilization of production capacities.
10. Time and risk factor in financial management and evaluation.
11 Time value of money, cash flow of investment projects with respect to the specifics of the manufacturing industry.
12. Life cycle of an industrial enterprise.
13. Business management and managerial functions.
14. Applying management principles in various business areas.
Recommended or Required Reading
Required Reading:
BAYE, M. R. aj. PRINCE. Managerial economics and business strategy. Ninth edition. New York: McGraw-Hill Education, 2017. ISBN 978-1-259-25138-2.
THOMAS, Ch. R. a S. Ch. MAURICE. Managerial economics: foundations of business analysis and strategy. Twelfth edition. New York: McGraw-Hill Education, 2016. ISBN 978-1-259-25107-8.
GOLDMAN, A. J. a W. D. SIGISMOND. Business law: principles and practices. 8th ed. Mason: South-Western Cengage Learning, c2011. ISBN 978-0-538-74995-4.
SYNEK, M. a E. KISLINGEROVÁ. Podniková ekonomika. 6. přeprac. a dopl. vyd. V Praze: C.H. Beck, 2015. ISBN 978-80-7400-274-8.
SEDLÁČEK, M., P. SUCHÁNEK a J. ŠPALEK. Kvalita a výkonnost průmyslových podniků. Brno: Masarykova univerzita, 2012. ISBN 978-80-210-6075-3.
VALACHOVÁ, B. Obchodní korporace a jejich přeměny: (právní, účetní a daňové aspekty). Ostrava: Key Publishing, 2014. ISBN 978-80-7418-220-4.
ROBBINS, S. P. a M. K. COULTER. Management. Thirteenth edition. Boston: Pearson, 2016. ISBN 978-1-292-09020-7.
MARTINOVIČOVÁ, D., J. VAVŘINA a M. KONEČNÝ. Úvod do podnikové ekonomiky. Praha: Grada Publishing, 2014. ISBN 978-80-247-5316-4.
Recommended Reading:
BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2.
studijní opory: Managerial Economics: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html
ŠMÍDOVÁ, R. Finanční analýza a plánování podniku: sbírka neřešených příkladů. Vyd. 3. Praha: Oeconomica, 2012. ISBN 978-80-245-1851-0.
Živnostenské podnikání: předpisy regulující podnikání : redakční uzávěrka 22.8.2016. Ostrava: Sagit, 2016. ISBN 978-80-7488-179-4.
studijní opory: Ekonomika podniku a Manažerská ekonomika: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html
Planned learning activities and teaching methods
Lectures, Tutorials, Project work
Assesment methods and criteria
Tasks are not Defined