545-0351/12 – Economics and Management (EKMNG)

Gurantor departmentDepartment of Economics and Control SystemsCredits5
Subject guarantordoc. Ing. Roman Kozel, Ph.D.Subject version guarantordoc. Ing. Roman Kozel, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesHGFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KOZ99 doc. Ing. Roman Kozel, 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

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

Presentation of a semester project, credit test, written and oral exam.


The Moodle Learning Management System (lms.vsb.cz) is used to communicate beyond the scope of attendance at present, through which communication is made not only between the teacher and students, but also between the students.

Other requirements

Semester project Minimum participation 50% Individually according to the instructions of the teacher


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1st Essential concepts of object and background. 2nd Definitions enterprise and business. 3rd 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 Management, Managerial functions. 11th Manager, Ethics and corporate culture 12th Project Management 13th Communication Skills

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 33  17
        Examination Examination 67  34 3
Mandatory attendence participation: at least 50%

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Conditions for subject completion and attendance at the exercises within ISP: Semester project Exam Personal participation in classes is not required Individually according to the instructions of the teacher

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan
2023/2024 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan
2022/2023 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan
2021/2022 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan
2020/2021 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan
2019/2020 (N0724A290002) Mining of Mineral Resources P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

Předmět neobsahuje žádné hodnocení.