634-0912/07 – Business Economics (EP)

Gurantor departmentDepartment of Economics and Management in IndustryCredits10
Subject guarantorprof. Ing. Kamila Janovská, Ph.D.Subject version guarantorprof. Ing. Kamila Janovská, Ph.D.
Study levelpostgraduateRequirementChoice-compulsory
YearSemesterwinter + summer
Study languageEnglish
Year of introduction2007/2008Year of cancellation
Intended for the facultiesFMTIntended for study typesDoctoral
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN48 prof. Ing. Kamila Janovská, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Examination 20+0
Part-time Examination 20+0

Subject aims expressed by acquired skills and competences

Students will know the relationships in corporate economic management, they will be able to characterize the property and capital structure of enterprises and to analyse the cost and revenue items of the company, they will be aware of the methods of financial analysis and will be able to define and characterize the basic activities related to planning in the company.

Teaching methods

Individual consultations
Project work


The course is focused on partial study areas that follow up the knowledge of the business and managerial economics with regard to the specifics of metallurgical, mechanical engineering and chemical production.

Compulsory literature:

LAM, J. Implementing Enterprise Risk Management: From Methods to Applications. Hoboken: Wiley, 2017. ISBN 978-0-471-74519-8. BRIGHAM, E. Financial Management: Theory & Practice. New York: South-Western College Pub, 2016. ISBN 130563229X KELSEN, H. General theory of law and state. United Ststes: The Lawbook Exchange Ltd., 2011. ISBN 978-1-88-636374-8. BAYE, M., R. Managerial economics and business strategy. 7th ed. New York: McGraw-Hill/Irwin,2010. ISBN 00-712-6744-1. HISRICH, R., D, Michael P. PETERS a D., A. SHEPHERD. Entrepreneurship. 8th ed. New York: McGraw-Hill/Irwin, c2010. ISBN 978-0-07-353032-1.

Recommended literature:

EITEMAN, D., K., A. I. STONEHILL a M. H. MOFFETT. Multinational Business Finance. 14th ed. Harlow: Pearson Education Limited, 2016. ISBN 978-0133879872. KEAT, P. G., P. K. Y. YOUNG and S. E. ERFLE. Managerial Economics: Economic Tools for Today's Decision Makers. 7th ed., global ed. Boston: Pearson, 2014. ISBN 978-0-273-79193-5. HILL, Ch. W. L. Internatiional Business. 8 th edition. New York: Mc Craw Hill/Irwin, 2011. ISBN 978-0-07-122083-5.

Way of continuous check of knowledge in the course of semester


Other requirements

Elaboration of seminar work on a given topic.


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

• Economic system of the company, analysis of the basic elements and links. • Financial statements: balance sheet, profit and loss statement, cash flow statement - definition, importance. • The basic methods of economic system analysis. • Accounting as part of the organization information system - definition, importance. • Company operating cycle. • Costs, revenues, economic result and cash flow – analysis, influencing factors. • Activities related to planning of the company. • Evaluation of company effectiveness, including the investment evaluation – the basic influencing factors. • Ways of improving company economy.

Conditions for subject completion

Full-time form (validity from: 2013/2014 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Examination Examination  
Mandatory attendence parzicipation:

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (P3925) Management of Industrial Systems P English Ostrava Choice-compulsory study plan
2020/2021 (P3925) Management of Industrial Systems P English Ostrava Choice-compulsory study plan
2019/2020 (P3925) Management of Industrial Systems P English Ostrava Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner