Study programmes / C-SE System engineering and informatics / Managerial Economics
Course code:MEK
Course title in language of instruction:Podniková ekonomika II
Course title in Czech:Podniková ekonomika II
Course title in English:Managerial Economics
Mode of completion and number of credits:Exam (5 credits)
(1 ECTS credit = 28 hours of workload)
Mode of delivery/Timetabled classes:full-time, 2/2; 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:master continuing
Semester:SS 2018/2019 - FBE
Name of lecturer:doc. Ing. Pavel Syrovátka, Ph.D. (supervisor)
Prerequisites:Final Bachelor Exam
 
Aims of the course:The subject follows knowledge gained on the bachelor level studies. It is focused on general questions of business operations regardless the branch of business. The aim of the subject is to summarize complex knowledge and skills with a stress on interconnections in business economics. Students master in methodological approach to business processes investigation and they size up the specifics of economic and business sciencies studing functions of a business entity.
Course contents:
1.Business economics as a theoretical and applied science. (allowance 2/0)
 
a.Business models.

2.Selection of legal form of business as a decision-making problem. (allowance 2/1)
3.Objectives of a company and development of a company. (allowance 4/1)
 
a.Criteria of company's objectives settlement.
b.Analysis of stages of company's life cycle, their economic specifics, and decision-making in single stages.
c.Development processes.

4.Investment planning and investment decision-making. (allowance 4/4)
 
a.Theoretical and methodological problems of real investment projecs' evaluation.
b.Interaction of financial and investment decision-making.

5.Economic optimization. (allowance 2/2)
6.Property employment and energetic economies. (allowance 2/0)
7.Labour productivity and measument of labour productivity. (allowance 2/0)
8.Economic analyses and their functions in a business entity. (allowance 4/2)
9.Balance policy of a business entity. (allowance 2/0)
10.Value analysis of a business entity. (allowance 2/2)

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

Specific competences:
 
-Student has got the ability to choose the appropriate method for conducting economic analysis of respective business entity
-Student has got the knowledge about major methods for conducting the economic analysis of the business entity
-Student is able to apply proper methods of measurement of company processes´ performance
-Student is able to constuct the model of an economic problem.
-Student knows principles of economic equilibrium of a business entity.

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:Study of the subject is finalized with credit and exam. In order to gain the credit, student has to pass the mid-term test at required minimum of 60 per cent. Exam is written. Results gained at the seminars are the part of final mark.
 
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 exam28 h64 h
     preparation for regular testing28 h0 h
     writing of seminar paper42 h60 h
Total140 h140 h

Basic reading list
  • LUŇÁČEK, J. -- MARTINOVIČOVÁ, D. Podniková ekonomika II. 1st ed. Brno: Mendelova univerzita v Brně, 2011. 152 p. ISBN 978-80-7375-489-1.
  • BAYE, M. Managerial Economics and Business Strategy. New York: McGraw-Hill Companies, 2002. 578 p. ISBN 0-07-115139-7.
  • WÖHE, G. -- KISLINGEROVÁ, E. Úvod do podnikového hospodářství. 2nd ed. V Praze: C.H. Beck, 2007. 928 p. ISBN 978-80-7179-897-2.
Recommended reading list
  • KISLINGEROVÁ, E. -- NOVÝ, I. et al. Chování podniku v globalizujícím se prostředí. 1st ed. V Praze: C.H. Beck, 2005. 422 p. ISBN 80-7179-847-9.
  • KISLINGEROVÁ, E. et al. Inovace nástrojů ekonomiky a managementu organizací. 1st ed. V Praze: C.H. Beck, 2008. 293 p. ISBN 978-80-7179-882-8.
  • KISLINGEROVÁ, E. Podnik v časech krize: jak se nedostat do potíží a jak se dostat z potíží: zkušenosti ze světové recese let 2007 až 2009. 1st ed. Praha: Grada, 2010. 206 p. ISBN 978-80-247-3136-0.
  • SYNEK, M. et al. Podniková ekonomika. 4th ed. V Praze: C.H. Beck, 2006. 475 p. ISBN 80-7179-892-4.