115-0493/02 – Managerial Economics (ME)
| Gurantor department | Department of Management | Credits | 5 |
| Subject guarantor | doc. Ing. Marie Mikušová, Ph.D. | Subject version guarantor | Ing. Lucja Matusiková, Ph.D. |
| Study level | undergraduate or graduate | | |
| | Study language | Czech |
| Year of introduction | 2017/2018 | Year of cancellation | 2019/2020 |
| Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
1. To familiarize students with the crucial concepts of financial management
2. To understand the system of business goals, plans, and features.
3. To explain the tools, methods and procedures applied in business management.
4. To show the possibilities of practical application of tools and management methods.
5. To quantify and evaluate the resulting economic effects in relation to the basic aims of the company.
Teaching methods
Lectures
Seminars
Individual consultations
Summary
The aim of the subject is to clarify the nature of the economic system of the entrepreneurial subject and its management in terms of formation of this system through the links of the state, consumption, utilization and effective reproduction of the basic business potential activities. Furthermore, to define the economic input and output of the entrepreneurial subject, including their quantification, to teach students to evaluate and formulate measures to increase the efficiency of the business process implementation and management.
Compulsory literature:
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Knowledge of business management, financial management and accounting.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
-Identification of the business unit, its system, elements and connections
-Principles of business’s effective behavior management regarding value process
-Use of the management by objectives and deviations
-Capital and tangible assets structure of the business as a potential of a entrepreneurial process – the optimization of the business capital structure and the evaluation of asset potentials
-Human resources as a entrepreneurial process potential and their evaluation
-Labor productivity in the business unit and its measurement and evaluation
-Criteria of the revenue, cost and profit optimization
-Productivity management aiming at increasing value added
-Basic methods of economic analysis of the business
-Economic analysis of enterprise’s potentials (tangible and intangible assets, current assets, human resources) from the acquisition stage to final products’ stage
-Analysis of the productivity level in an enterprise
-Cost, revenue and profit analysis and the level of the profit optimization
-Analysis of the entrepreneurial process’s effectiveness and its efficiency
-Analysis of the decision making process in the organization as a part of the management system analysis
Conditions for subject completion
Conditions for completion are defined only for particular subject version and form of study
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction