Course detail

Economic Analysis

FP-ReaPAcad. year: 2009/2010

The objective of the course is to teach the student to manage the methods which are used in economic analysis. The subject deals with analysis as a part of control and all of its phases, force of economic analysis, object of economic analysis and its users, standards, indices and differences, operation with indices, system of indices, complex of indices and its evaluation, inter-company comparison, economic normal, analysis of financial statements, analysis of production and labour productivity, volume of production, assortment and quality, evaluation of production and production program, Work, salaries and wages and labour productivity, relationship between average wages and labour productivity, analysis of material consumptions and stocks, production capacity, optimalization, measuring of utilisation.

Language of instruction

Czech

Number of ECTS credits

2

Mode of study

Not applicable.

Guarantor

prof. Ing. Tomáš Meluzín, Ph.D.

Department

Institute of Economics (ÚE)

Learning outcomes of the course unit

Students obtain theoretical knowledges from the area of economics analyses.

Prerequisites

Generall economics knowledges are assumed.

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

The course-unit credit is awarded on condition of having worked out an assignment - economics analyses of an individual company.

Course curriculum

- Analysis as a part of control and all of its phases. Force of economic analysis. Object of economic analysis and its users. Assessment and indices.
- Standards, indices and differences. Operation with indices.
- System of indices, complex of indices and its evaluation, predictive models. Pyramidal scheme, Balance Scorecard, IN indices, GE matrix, Spider analysis.
- Inter-company comparison. One-dimensional and multidimensional methods. Order of companies. Cluster analysis, factor analysis.
- Economic normal -system of nonequation.
- Analysis of financial statements.
- Analysis of production and labour productivity.
- Evaluation of production and production program.
- Work, salaries and wages and labour productivity.
- Analysis of material consumptions and stocks.
- Production capacity.

Work placements

Not applicable.

Aims

The objective of the course is to teach the student to manage the methods which are used in economic analysis.

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

Control is fully in teacher’s competence. Active participation in lessons, continuous control of knowledge at seminars.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

SYNEK,M. Ekonomická analýza. Praha:VŠE, nakladatelství Oeconomica, 2004. 1.vyd.79s.80-245-0603-3 (CS)
SYNEK, M., KUBÁLKOVÁ, M. Manažerské výpočty.Praha:VŠE,2001.1.vyd.129s.80-245-0240-2 (CS)
SYNEK,M. a kol. Manažerská ekonomika. 2.vyd. Praha: Grada Publishing, s.r.o,2000. 475s. ISBN 80- 247 – 9069-6. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-ŘEP , 2. year of study, winter semester, elective

Type of course unit

 

Lecture

13 hours, optionally

Teacher / Lecturer

prof. Ing. Tomáš Meluzín, Ph.D.

Syllabus

- Analysis as a part of control and all of its phases. Force of economic analysis. Object of economic analysis and its users. Assessment and indices.
- Standards, indices and differences. Operation with indices.
- System of indices, complex of indices and its evaluation, predictive models. Pyramidal scheme, Balance Scorecard, IN indices, GE matrix, Spider analysis.
- Inter-company comparison. One-dimensional and multidimensional methods. Order of companies. Cluster analysis, factor analysis.
- Economic normal -system of nonequation.
- Analysis of financial statements.
- Analysis of production and labour productivity.
- Evaluation of production and production program.
- Work, salaries and wages and labour productivity.
- Analysis of material consumptions and stocks.
- Production capacity.

Exercise

13 hours, compulsory

Teacher / Lecturer

prof. Ing. Tomáš Meluzín, Ph.D.

Syllabus

Case Studies