Course detail

Principles of Business Economics

FP-ZEPAcad. year: 2011/2012

The course deals with the basic information in the field of: Entrepreneurship, company, company characteristics, functions of company, surrounding environment of the company, categorization, property and capital structure, costs and their classification, revenues and their classification, economic results and their classification, property pricing, company assesment, company activities (production, commercial, financial, investment), business accounting, specific economies.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Guarantor

prof. Ing. Tomáš Meluzín, Ph.D.

Department

Institute of Economics (ÚE)

Learning outcomes of the course unit

Students will be made familiar with professional terminology used in company economics. They will acquire the basic skills necessary for study of economic disciplines.

Prerequisites

Secondary school knowledge and skills.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Conditions for awarding the course-unit credit:
- Active participation in exercises will be controlled and assessed by the teacher
- Successful completion of case studies – max assessment 40 points, total number of points for awarding the course- minimum unit credit is 24 points.
Conditions for passing an exam: Knowledge of taught topics, emphasis is placed on mastering professional terminology.
Form of examination: Written – 3 questions (examples) with max 20 points.
Grading:
A : 100 – 90 points
B : 89 – 80 points
C : 79 – 70 points
D : 69 – 60 points
E : 59 – 50 points
F : 49 – 0 points

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The main objective of the course is to provide students with basic knowledge of and terms related to the company economics.

Specification of controlled education, way of implementation and compensation for absences

Attendance at seminars is controlled. The reason of absence is considered by the teacher and he/she decides about the form of compensation. In case of excused absence from seminars, the teacher may in justified cases set a make-up condition, as a rule the elaboration of partial assignment.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Konečný, M. Podniková ekonomika. 3.vydání Brno: PC DIR, 2001. 254 s. ISBN 80-214-1908-3. (CS)
Meluzín,T,.Meluzín,V. Základy ekonomiky podniku studijní text 2.vydání, Akademické nakladatelství CERM, Brno, ISBN (CS)
Synek, M. a kol. Podniková ekonomika. 3. vydání Praha: C. H. BECK, 2002. 479 s. ISBN 80-7179-736-7. (CS)

Recommended reading

Vysušil, J. a Fotr, J. Ekonomika a finance podniku pro manažery. (CS)
Wöhe, G. Úvod do podnikového hospodářství. Praha: C .H. BECK, 1995. 748 s. ISBN 80-7179-014-1. (CS)

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-DP , 1 year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

prof. Ing. Tomáš Meluzín, Ph.D.

Syllabus

Topics lectures are as follows:
- Basic information, substance of company and entrepreneurship – explanation of basic terms
- Property and capital structure of the company
- Property pricing
- Costs and Revenues their classification
- Economic results and their classification
- Production activity of the company
- Commercial activity
- Investment activity
- Financial Management of the company
- Company strategy
- Business accounting
- Specific economics
- Company assessment

Exercise

13 hod., optionally

Teacher / Lecturer

prof. Ing. Tomáš Meluzín, Ph.D.

Syllabus

The seminars are focused on practising the lectured topics and elaboration of case studies (both individually and in teams).
Each seminar is related to the topic of previous lecture emphasising practical application of acquired knowledge in the following fields:
- Balance sheet and Cash Flow
- Costing and Pricing
- The relation between profit, production volume, price and costs
- Calculation of Wages