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ECTS Course Overview



Economics of Enterprise

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

Course Unit Code545-0339/18
Number of ECTS Credits Allocated4 ECTS credits
Type of Course Unit *Optional
Level of Course Unit *First Cycle
Year of Study *
Semester when the Course Unit is deliveredWinter Semester
Mode of DeliveryFace-to-face
Language of InstructionEnglish
Prerequisites and Co-Requisites Course succeeds to compulsory courses of previous semester
Name of Lecturer(s)Personal IDName
DVO30prof. Ing. Jaroslav Dvořáček, CSc.
VAN74doc. Ing. Michal Vaněk, Ph.D.
Summary
Subject students learn the basics of business management. It deals with the definition of the company, its objectives and functions, life stages, main activities and their management and explains the basic concepts (business assets, labor force and labor productivity, costs, revenues and profit enterprise, enterprise effectiveness criteria).
Learning Outcomes of the Course Unit
Student shows knowledge:
of fundamental terms of business economics,
of relationship between asset and capital structure,
of relationships among the revenues, costs and the economic result of the company,
of main activities of the enterprise and their management.
Student can:
use basic concepts of enterprise economy,
build a balance sheet,
solve basic tasks for each business activity.
Student is able to:
work with the basic accounting statements,
assess the financial situation of the company by using financial ratios,
apply the theoretical knowledge in solving problems of practice.
Course Contents
1. The essence of the enterprise and business environment of the company
2. Life business
3. Business process as a cycle of capital, the goal of the business process
4. Ownership structure of the company
5. The capital structure of the company
6. Balance sheet
7. The relationship between the structure of assets and capital
8. Labor productivity
9. Company costs
10. Enterprise revenues
11. Profit enterprise
12. The financial activities of the company
13. The investment activities of the company
Recommended or Required Reading
Required Reading:
WILKINSON, Nick. Managerial economics: a problem-solving approach. Cambridge: Cambridge University Press, 2005. ISBN 0-521-52625-6.
SAMUELSON, Paul, A.; NORDHAUS, William, D. Economics. 18th ed. Mc Graw Hill Higher Education, 2005. 776 pp. ISBN 0-07-287205-5.
SALVATORE, Dominick. Managerial economics: principles and worldwide applications. International 8th ed. New York: Oxford University Press, c2015. ISBN 978-0-19-939715-0.
JANOVSKÁ, Kamila a Šárka VILAMOVÁ. Managerial economics [CD-ROM]. Ostrava: Vysoká škola báňská - Technická univerzita Ostrava, 2015. ISBN 978-80-248-3725-3.
SYNEK, Miloslav. Manažerská ekonomika. 5. aktualiz. a dopl. vyd. Praha: Grada Publishing, 2011. Expert. ISBN 978-80-247-3494-1.
SYNEK, Miloslav. Podniková ekonomika. 4. přeprac. a dopl. vyd. V Praze: C.H. Beck, 2006. Beckovy ekonomické učebnice. ISBN 80-7179-892-4.
BUGRI, Štefan a Emília PRIBIŠOVÁ. Podniková ekonomika. Ostrava: KEY Publishing, 2017. ISBN 978-80-7418-280-8.
SAMUELSON, Paul, A.; NORDHAUS, William, D. Economics. 18th ed. Mc Graw Hill Higher Education, 2005. 776 pp. ISBN 0-07-287205-5.
Recommended Reading:
SAMUELSON, William F. a Stephen Gary MARKS. Managerial economics. 7th ed. Hoboken: Wiley, c2012. ISBN 978-1-118-04158-1.
DVOŘÁČEK, Jaroslav. Economics of industrial enterprise. VŠB-TUO, 2012. CD
PNG, Ivan a Dale E. LEHMAN. Managerial economics. 3rd ed. Malden: Blackwell, 2007. ISBN 978-1-4051-6047-6.
KEATING, Barry a J. Holton WILSON. Managerial economics: an economic foundation for business decisions. 2nd ed. Mason: Thomson, c2000. ISBN 0-970-13850-4.
JANOVSKÁ, Kamila a Šárka VILAMOVÁ. Manažerská ekonomika [CD-ROM]. Ostrava: Vysoká škola báňská - Technická univerzita Ostrava, 2015. ISBN 978-80-248-3724-6.
ČECHOVÁ, Alena. Manažerské účetnictví. 2. aktualiz. a rozš. vyd. Brno: Computer Press, 2011. ISBN 978-80-251-2831-2.
ONDŘEJ, Jan. Ukončení podnikání. Praha: Wolters Kluwer, 2017. Právní monografie. ISBN 978-80-7552-565-9.
SALVATORE, Dominick. Managerial economics: principles and worldwide applications. International 8th ed. New York: Oxford University Press, c2015. ISBN 978-0-19-939715-0.
Planned learning activities and teaching methods
Lectures, Tutorials, Other activities
Assesment methods and criteria
Tasks are not Defined