634-0404/01 – Economics of an Enterprise (EP)
Gurantor department | Department of Economics and Management in Industry | Credits | 5 |
Subject guarantor | doc. Ing. Iveta Vozňáková, Ph.D. | Subject version guarantor | doc. Ing. Iveta Vozňáková, Ph.D. |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 2 | Semester | summer |
| | Study language | Czech |
Year of introduction | 1999/2000 | Year of cancellation | 2015/2016 |
Intended for the faculties | FMT, HGF | Intended for study types | Bachelor |
Subject aims expressed by acquired skills and competences
- student can specify basic relations within the company economic management
- student is able to characterise the property and capital structure of entrepreneurial subjects
- student is skilful at analysing expense and yield items of a company
- student obtains the knowledge of basic organizational-legal forms of business
- student is well informed about basic methods used in financial analysis
- student acquires the comprehensive knowledge of the company development from the space and time biews
- student can define and characterize basic activities related to company planning
Teaching methods
Lectures
Seminars
Individual consultations
Summary
The subject focus covers following issues: property and capital structure
of an enterprise, management of fixed and circulating capital, depreciation,
management of supplies, claims and cash, cost and revenue items of an enterprise,
their structure and possibilities how to influence them, investment decision
making, enterprise valuation, financial analysis, organizational and legal
forms of enterpreneurial activities.
Compulsory literature:
[1] Milgrom, P.R.; Roberts, J. Economics, organization, and management. Prentice-Hall, 2000, pg. 621
Recommended literature:
[1] Roberts, J. The modern firm: organizational design for performance and growth. Oxford University Press, 2004, pg. 318
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
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Prerequisities
Co-requisities
Subject has no co-requisities.
Subject syllabus:
The subject specifies the economic system of enterprise, analyses his basic components and relations.
Analysis flow into evaluation of enterprise effectiveness including investment evaluation.
The nature of economics. The accounting as a part of organisation's information system.
External financial statements: the balance sheet, the income statement, the statement of changes in financial position.
The operational cycle of enterprise.
Fixed assets current assets.
Cost, revenues, net income and cash-flow.
Investment decisions: time value of money, discounted cash-flow, net present value, payback period.
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction