545-0351/10 – Economics and Management (EKMNG)

Gurantor departmentDepartment of Economics and Control SystemsCredits5
Subject guarantordoc. Ing. Roman Kozel, Ph.D.Subject version guarantordoc. Ing. Michal Vaněk, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction1997/1998Year of cancellation
Intended for the facultiesHGFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
HUM10 Ing. Vlasta Humlová, Ph.D.
VAN74 doc. Ing. Michal Vaněk, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2
Part-time Credit and Examination 12+0

Subject aims expressed by acquired skills and competences

To gain theoretical knowledge of economics and management, to be acquainted with problems of management functions and subsequent application in management-economic solutions.

Teaching methods

Project work


The course introduces students to the economic system, business and managerial issues. Students are acquainted with the issues separately, but in an effort to understand the interrelations between economic and managerial issues. The economic issue is focused on fixed and current assets, personnel, labor productivity, profit, cash flow. The management issues will become acquainted with managerial functions (planning, organizing, management, control, decision making, and communication). In the exercises, students learn and enhance teamwork and communication skills.

Compulsory literature:

RUNGE, I.C. Mining Economics and Strategy. Englewood: Society for Mining, Metallurgy, and Exploration, 2003. ISBN 978-0873351652. SALVATORE, D. Managerial economics: principles and worldwide applications. New York: Oxford University Press, 2015. ISBN 978-0-19-939715-0.

Recommended literature:

BAYE, M.R.; PRINCE, J. Managerial economics and business strategy. New York: McGraw-Hill Education, 2017. ISBN 978-1-259-25138-2. McGUIGAN, J.R.; MOYER, R.C.; HARRIS, F.H. deB. Managerial economics: applications, strategies, and tactic. Boston: Cengage Learning, 2017. ISBN 978-1-305-50638-1.

Way of continuous check of knowledge in the course of semester


Other requirements

Project development.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

11st Essential concepts of object and background. 2nd Definitions enterprise and business. 3td Asset and capital structure of the company. 4th Tangible assets. 5th Current assets. 6th Workforce and human resources. 7th The capital structure of the company. 8th The cost to the enterprise. 9th Revenues enterprise, profit, CF. 10th Basic tasks of the business. 11th Management, Managerial functions. 12th Manager, Ethics and corporate culture 13th Project Management 14th Communication Skills

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 33  17
        Examination Examination 67  34
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2017/2018 (N2111) Mining (2101T008) Mining Engineering P English Ostrava 2 Compulsory study plan
2016/2017 (N2111) Mining (2101T008) Mining Engineering P English Ostrava 2 Compulsory study plan
2015/2016 (N2111) Mining (2101T008) Mining Engineering P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner