345-0324/11 – Principles of Economics (ZE)

Gurantor departmentDepartment of Mechanical TechnologyCredits5
Subject guarantorIng. Libor Nečas, Ph.D.Subject version guarantorIng. Libor Nečas, Ph.D.
Study levelundergraduate or graduate
Study languageCzech
Year of introduction2015/2016Year of cancellation
Intended for the facultiesFSIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
NEC45 Ing. Libor Nečas, Ph.D.
NEV050 doc. Ing. Jan Nevima, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

The goal of subject is to gain orientation in the field and understand the links to related subject matter of follow-up articles. The student demonstrates the degree of fulfillment of the objectives in the final test and fulfillment of tasks for completion of the course.

Teaching methods

Individual consultations
Project work
Other activities


The subject offers basic orientation in economics. The individual chapters logically follow one another, from the general themes of macroeconomics - indicators and instruments, theoretical flows, through the economy-wide structure to the problems of founding companies, their property and organization, economic activity, cost and income management, cash flow and rehabilitation companies. The course will provide an overall and basic orientation in the main disciplines of economics. It focuses mainly on general and macroeconomics and the basic concepts of financial systems. Graduates will gain the necessary knowledge to analyze and estimate the impact of economic policy on the business community.

Compulsory literature:

[1] DRANSFIELD, R. – Business economics. London: Routledge, 2014, 486 s.

Recommended literature:

[1] KORÁB, Vojtěch. Business plan. Vyd. 1. Brno: ComputerPress, c2007, 216 s. [2] ŽÁK, Milan. Great economic encyclopedia. 2. rozš. vyd. Praha: Linde, 2002, 887 s. [3] PELC, Vladimír. Encyclopedic dictionary of entrepreneur. Vyd. 1. Praha: Grada, 1995, 332 s.

Way of continuous check of knowledge in the course of semester



Další požadavky na studenta

A student must demonstrate at least 80% attendance at training hours.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

Lecture: 1. Overview of economics 2. Macroeconomic indicators 3. Macroeconomic instruments 4. Enterprise as part of the national economy 5. Engineering production enterprise 6. Establishment of a company and choice of its legal form 7. Property and organizational construction of a company, business activities 8. Enterprise assets and financial statement Balance Sheet 9. Economic Operations 10. Economic activity of the enterprise and generation of profit 11. Business Cost Management and Revenue Management 12. Cash flows in the enterprise 13. Remediation and Extinction of the Company (Insolvency Law) 14. Summarizing and completing the curriculum

Conditions for subject completion

Full-time form (validity from: 2015/2016 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 35  21
        Examination Examination 65  30
Mandatory attendence parzicipation: Active attendance at seminars at least 80 %.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.FormStudy language Tut. centreYearWSType of duty
2019/2020 (B2341) Engineering (2301R040) Industrial Engineering P Czech Ostrava 3 Compulsory study plan
2018/2019 (B2341) Engineering (2301R040) Industrial Engineering P Czech Ostrava 3 Compulsory study plan
2017/2018 (B2341) Engineering (2301R040) Industrial Engineering P Czech Ostrava 3 Compulsory study plan
2016/2017 (B2341) Engineering (2301R040) Industrial Engineering P Czech Ostrava 3 Compulsory study plan
2015/2016 (B2341) Engineering (2301R040) Industrial Engineering P Czech Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner