634-2001/05 – The Principles of Economics (ZE)

Gurantor departmentDepartment of Economics and Management in IndustryCredits4
Subject guarantorprof. Ing. Kamila Janovská, Ph.D.Subject version guarantorprof. Ing. Kamila Janovská, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Study languageCzech
Year of introduction2019/2020Year of cancellation2023/2024
Intended for the facultiesFMTIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN48 prof. Ing. Kamila Janovská, Ph.D.
S1K47 Ing. Eva Švecová, 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

Acquired knowledge - Student is able to name basic relations within the company economic management - Student can characterise the property and capital structure of entrepreneurial subjects Acquired skills: - Student is skilful at analysing the expense and yield items of the company - Student improves his/her knowledge of basic organizational legal forms of enterprise - Student is well informed about basic methods used in financial analysis - Student knows basic terms of company management

Teaching methods

Project work


The course provides basic information on the crucial areas of economic management business. It also includes basic knowledge of contemporary management.

Compulsory literature:

BENCSIK, A. Knowledge management initiatives and strategies in small and medium enterprises. Hershey: IGI Global, 2017. ISBN 978-1-5225-1642-2. ALHABEEB, M. J. Entrepreneurial finance: fundamentals of financial planning and management for small business. Hoboken: Wiley, 2015. ISBN 978-1-118-69151-9.

Recommended literature:

BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2.

Way of continuous check of knowledge in the course of semester


Integrovaný systém modulární počítačové podpory výuky ekonomicko-technického zaměření (http://lms.vsb.cz): - Vzdělávací modul 6 – Finančně-ekonomická analýza a rozhodování: submodul Postup oceňování vybraného hutního podniku metodou EVA a DFC, submodul Stanovení pořadí vybraného hutního podniku v oboru dle vybraných finančních ukazatelů, submodul Analýza variant financování vozového parku ve vybraném hutním podniku včetně sestavení cash flow jednotlivých variant, submodul Investiční rozhodování v rámci hutního podniku, submodul Strategický management. - JANOVSKÁ, K., VOZŇÁKOVÁ, I., ŠVECOVÁ, E. Ekonomika podniku. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015. - JANOVSKÁ, K., VILAMOVÁ, Š. Manažerská ekonomika. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015.

Other requirements

Full - time study form: Passing a credit test


Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. The subject -matter of economics, the basic terms 2. Legal forms of businesses traders 3. Financial statements - balance sheet, profit and loss account 4. Company assets and financial structure of assets 5. Company costs 6. Company revenues, company profit 7. Methods of financial analysis 8. Company life 9. The principles of company management – the meaning of management, basic managerial functions 10. The application of management principles in various areas of the company

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester, validity until: 2023/2024 Summer 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 30  20
        Examination Examination 70  31 3
Mandatory attendence participation: At least 80% attendance at the exercises.

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Conditions for subject completion and attendance at the exercises within ISP:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2021/2022 (B0214A270001) Art Foundry Engineering P Czech Ostrava 3 Compulsory study plan
2020/2021 (B0214A270001) Art Foundry Engineering P Czech Ostrava 3 Compulsory study plan
2019/2020 (B0214A270001) Art Foundry Engineering P Czech Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction

2021/2022 Winter