654-3201/03 – Managerial Economics (ME)

Gurantor departmentDepartment of Industrial Systems ManagementCredits5
Subject guarantorprof. Ing. Kamila Janovská, Ph.D.Subject version guarantorprof. Ing. Kamila Janovská, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Study languageEnglish
Year of introduction2022/2023Year of cancellation
Intended for the facultiesFMTIntended for study typesFollow-up Master
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 Credit and Examination 2+2

Subject aims expressed by acquired skills and competences

The student will be able to define: - basic relations of economic management of an industrial enterprise in relation to the specifics of metallurgical, mechanical engineering and chemical production, - basic principles of management.

Teaching methods

Project work


The interpretation is oriented on economic management of a company focusing on the specifics of metallurgical, mechanical engineering and chemical production. It also includes the fundamentals of corporate management and the application of management principles in various areas of the enterprise.

Compulsory literature:

BAYE, M. R. aj. PRINCE. Managerial economics and business strategy. Ninth edition. New York: McGraw-Hill Education, 2017. ISBN 978-1-259-25138-2. THOMAS, Ch. R. a S. Ch. MAURICE. Managerial economics: foundations of business analysis and strategy. Twelfth edition. New York: McGraw-Hill Education, 2016. ISBN 978-1-259-25107-8.

Recommended literature:

BROOKS, R. Financial management: core concepts. Third edition. Boston: Pearson, 2016. ISBN 978-1-292-10142-2. studijní opory: Managerial Economics: https://www.fmmi.vsb.cz/cs/katedry-a-pracoviste/634/vyukove-opory-katedry/index.html

Way of continuous check of knowledge in the course of semester

Zkouška: písemný test a ústní zkouška. Vypracování semestrálního projektu na zadané téma z oblasti ekonomiky a managementu.


Integrovaný systém modulární počítačové podpory výuky ekonomicko-technického zaměření (http://lms.vsb.cz): JANOVSKÁ, K., VILAMOVÁ, Š. Manažerská ekonomika. Studijní opory. Ostrava: VŠB-TU Ostrava, 2015., JANOVSKÁ, K., VILAMOVÁ, Š. Managerial Economics. 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. Company, its functions and objectives 2. Legal forms of businesses in the CR 3. Financial statements - balance sheet, profit and loss account, cash flow statements. 4. Structure of company assets and capital structure of company 5. Company costs and company revenues 6. Company profit 7. Investment activity of company 8. Basic methods of financial analysis 9. The principles of company management – introduction into the basic terms, techniques, skills and theories. 10.The basics of strategic management of an industrial enterprise

Conditions for subject completion

Full-time form (validity from: 2022/2023 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 25  20
        Examination Examination 75  31
Mandatory attendence parzicipation: 1. Min. 80% mandatory participation on seminars 2. semester project - combined form of study

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2022/2023 (N0715A270005) Advanced Engineering Materials P English Ostrava 2 Compulsory study plan
2022/2023 (N0715A270010) Metallurgical engineering P English Ostrava 2 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner