Course: Enterprise Economics

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Course title Enterprise Economics
Course code LULO/L2MPE
Organizational form of instruction Lecture + Seminary
Level of course Bachelor
Year of study not specified
Semester Summer
Number of ECTS credits 4
Language of instruction Czech
Status of course Compulsory
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Konečný Jiří, Ing. et Ing. Ph.D.
  • Tučková Zuzana, prof. Ing. Ph.D.
Course content
Introduction to Business Economics; The Economic Principle; Economy/Economic Activity; Business Typology; Sole Proprietorships; Business Corporations; Asset Structure of the Firm; Capital Structure of the Firm; Revenues, Costs, and the Firm's Profit/Loss; Cost and Price Calculation; Break-even Analysis; Sources of Business Financing; Corporate Organisation; Business Strategy.

Learning activities and teaching methods
  • Preparation for course credit - 25 hours per semester
  • Preparation for examination - 25 hours per semester
  • Home preparation for classes - 12 hours per semester
  • Participation in classes - 42 hours per semester
learning outcomes
Knowledge
Core concepts and relationships in business economics, the economic principle, and business objectives. Business typology and legal forms (sole proprietorships and corporations) and their implications for management. Asset and capital structure of a firm, sources of financing, and related cost and risk aspects. Principles of revenue, cost, and profit formation, including cost/price calculations and break-even analysis. Basics of corporate organisation, strategy, financial management, and investment decision-making.
Core concepts and relationships in business economics, the economic principle, and business objectives. Business typology and legal forms (sole proprietorships and corporations) and their implications for management. Asset and capital structure of a firm, sources of financing, and related cost and risk aspects. Principles of revenue, cost, and profit formation, including cost/price calculations and break-even analysis. Basics of corporate organisation, strategy, financial management, and investment decision-making.
Skills
Interpret key economic information about a firm (revenues, costs, profit/loss) and derive managerial implications. Prepare a cost and pricing calculation and perform a break-even analysis for selected products/services. Assess financing options and propose a basic financing mix with regard to risk and cost of capital. Conduct a basic analysis of a firm's business performance (indicators, objectives, efficiency) and formulate recommendations. Prepare a simple investment proposal and evaluate it in terms of benefits, costs, and risks.
Interpret key economic information about a firm (revenues, costs, profit/loss) and derive managerial implications. Prepare a cost and pricing calculation and perform a break-even analysis for selected products/services. Assess financing options and propose a basic financing mix with regard to risk and cost of capital. Conduct a basic analysis of a firm's business performance (indicators, objectives, efficiency) and formulate recommendations. Prepare a simple investment proposal and evaluate it in terms of benefits, costs, and risks.
Interpretovat základní ekonomické informace o podniku (výnosy, náklady, výsledek) a vyvodit závěry pro řízení. Zpracovat kalkulaci nákladů a ceny a provést analýzu bodu zvratu pro vybrané produkty/služby. Posoudit vhodnost zdrojů financování a navrhnout základní financovací mix s ohledem na riziko a náklady kapitálu. Provést základní analýzu hospodářské činnosti podniku (ukazatele, cíle, efektivita) a formulovat doporučení. Připravit jednoduchý investiční návrh a vyhodnotit investici z pohledu přínosů, nákladů a rizik.
Interpretovat základní ekonomické informace o podniku (výnosy, náklady, výsledek) a vyvodit závěry pro řízení. Zpracovat kalkulaci nákladů a ceny a provést analýzu bodu zvratu pro vybrané produkty/služby. Posoudit vhodnost zdrojů financování a navrhnout základní financovací mix s ohledem na riziko a náklady kapitálu. Provést základní analýzu hospodářské činnosti podniku (ukazatele, cíle, efektivita) a formulovat doporučení. Připravit jednoduchý investiční návrh a vyhodnotit investici z pohledu přínosů, nákladů a rizik.
teaching methods
Knowledge
Dialogic (Discussion, conversation, brainstorming)
Dialogic (Discussion, conversation, brainstorming)
Methods for written tasks (e.g. comprehensive exams, written tests)
Methods for written tasks (e.g. comprehensive exams, written tests)
Methods for working with texts (Textbook, book)
Methods for working with texts (Textbook, book)
Monologic (Exposition, lecture, briefing)
Monologic (Exposition, lecture, briefing)
Skills
Activating (Simulation, games, dramatization)
Activating (Simulation, games, dramatization)
assessment methods
Knowledge
Qualifying examination
Qualifying examination
Composite examination (Written part + oral part)
Composite examination (Written part + oral part)
Recommended literature
  • JANATKA František. Podnikání v globalizovaném světě. Praha: Wolters Kluwer, 2017. ISBN 978-80-7552-754-7.
  • MARTINOVIČOVÁ, D., KONEČNÝ, M., VAVŘINA, J. Úvod do podnikové ekonomiky. 2., aktualizované vydání.. Praha: Grada, 2019. ISBN 978-80-271-2034-5.
  • TAUŠL PROCHÁZKOVÁ P., JELÍNKOVÁ E.. Podniková ekonomika - klíčové oblasti.,. Praha: Grada, 2018. ISBN 978-80-271-0689-9.
  • VEBER, Jaromír a ŠVECOVÁ, Lenka. Produkční a provozní management. Praha: Grada, 2021. ISBN 978-80-271-1385-9.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester