Study programmes / B-EPA Economic policy and administration / Business Economics I
Course code:ZPE
Course title in language of instruction:Podniková ekonomika I
Course title in Czech:Podniková ekonomika I
Course title in English:Business Economics I
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/1; part-time, 16/0
(full-time, hours of lectures per week / hours of seminars per week; part-time, lectures per period / seminars per period)
Language of instruction:Czech
Level of course:bachelor
Semester:WS 2018/2019 - FBE
Name of lecturer:Ing. Bc. Marcela Basovníková, Ph.D. (examiner, instructor)
Ing. Vladimír Hajko, Ph.D. (examiner, instructor)
prof. Ing. Miloš Konečný, DrSc. (examiner, instructor, lecturer)
Ing. Alena Melicharová, Ph.D. (examiner, instructor)
doc. Ing. Pavel Syrovátka, Ph.D. (examiner, instructor, lecturer, supervisor)
Ing. Marcel Ševela, Ph.D. (examiner, instructor)
Prerequisites:not Final Bachelor Exam
 
Aims of the course:Student obtains basic information, knowledge and skills in business economics which compose the prerequisition for entrance to managerial or economic position in a company. The subject has an integrating function, it joins the knowledge of individual areas of busines and it emphasizes the connections and flows among them.
Course contents:
1.introduction to the business economy (allowance 4/2)
 
a.enterprise, business, enterprise functions, typology of enterprises
b.organizational-legal forms of firms, enterprise integration – mergers, acquisitions

2.company financial resources and its allocation (allowance 6/4)
 
a.company's capital, capital turnover within an enterprise
b.equity, liabilities and debts, fixed and current assets, balance sheet
c.determinants of property structure of companies, corporate investment, and optimal capital structure

3.business processes and their technical and economic relations (allowance 12/4)
 
a.firm's production base, the structure of the inputs and their productivity
b.production and costs, cost categories and cost calculations, product price
c.enterprises' outputs, capture and measurement
d.optimizing inventory

4.economic result and its analysis (allowance 6/4)
 
a.cost and revenues relationships of making profit, the profit and loss statement
b.brake-point analysis, maximizing profit
c.cash flows and size of firm profit, cash flow statement

Learning outcomes and competences:
Generic competences:
 
-ability to analyse and synthesize
-ability to apply knowledge
-ability to make decisions
-basic computing skills
-professional knowledge
-skilled at utilizing and processing information

Specific competences:
 
-Student is able to define a business entity based on its functions.
-Student is able to dermine tools of management of costs.
-Student is able to prepare a balance sheet.
-Student knows the classifications of business entities.
-Student knows the classifications of costs.

Type of course unit:required
Year of study:Not applicable - the subject could be chosen at anytime during the course of the programme.
Work placement:There is no compulsory work placement in the course unit.
Recommended study modules:none
Assessment methods:Evaluation of students at the seminar is based on two writing tests (usually the 7th and 13th week of semester), and on an active participation in solving tasks and examples. Within the seminars, the student can aim up to 50 points for both tests and active participation. 25 points must be obtained for the successful end of seminars (minimum for seminar credit). The exam is written, and the student enrols in it only after the credit is awarded. To pass the exam it is required to receive 50 % of 50 points as minimum. The student's final assessment is based on the sum of the exam points and the point from the seminars.
 
Learning activities and study load (hours of study load)
Type of teaching methodDaily attendanceCombined form
Direct teaching
     lecture28 h16 h
     practice14 h0 h
Self-study
     preparation for exam42 h82 h
     preparation for regular assessment14 h0 h
     preparation for regular testing42 h0 h
     elaboration and execution of projects0 h42 h
Total140 h140 h

Basic reading list
  • KISLINGEROVÁ, E. -- SYNEK, M. Podniková ekonomika. 6. přepracované a doplněné vyd. Praha: C.H.Beck, 2015. 560 p. ISBN 978-80-7400-274-8.
  • MARTINOVIČOVÁ, D. -- KONEČNÝ, M. -- VAVŘINA, J. Úvod do podnikové ekonomiky. 1st ed. Praha: Grada Publishing, 2014. 208 p. ISBN 978-80-247-5316-4.
Recommended reading list
  • SYNEK, M. Manažerská ekonomika. 5. Aktualizované a doplněné vydání. Praha: Grada, 2011. 480 p. ISBN 978-80-247-3494-1.
  • EBERT, R. -- GRIFFIN, R. Business Essentials. 11th Edition. Boston: Pearson, 2017. 696 p. ISBN 978-1-292-15224-0.