Course detail
Enterprise Economics
FP-ReeAAcad. year: 2015/2016
Economics of company consider basic theoretic knowledge from the corporate economy theme.
It is focusing mostly on dilemma concerning company’s main functions and topics as functioning and organization structure, financing, processing, capital appreciation and business evaluation, classification of costs together with costing methods, investment, calculations, controlling and personnel administration. Further students will be able to gain company’s economy knowledge connected to each field of company’s activity. Concerning the gained course knowledge and as part of the course evaluation, students should be able to apply it to concrete company’s activity, process or to try to solve the problem in specific field of the company’s activity.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Offered to foreign students
Learning outcomes of the course unit
Concerning the gained course knowledge and as part of the course evaluation, students should be able to apply it to concrete company’s activity, process or to try to solve the problem in specific field of the company’s activity.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
There is also one control test.
Passing the control test: 30 points
Minimum number of points: 17 points.
Correction term is the only one in the credit week.
A 100 – 90
B 89 - 80
C 79 – 70
D 69 – 60
E 59 – 50
F 49 - 0
Course curriculum
- Basic information, substance of company and entrepreneurship.
Historical development of company and entrepreneurship.
- Typology company. Surroundings company. Foundation company - budget.
- Property and capital structure of the company
- Property pricing and capital
- Costs and Revenues their classification
- Costing. Controlling.
- Economic results and their classification .Production activity of the company
- Shopping. Market (marketing).Publicity
- Investment activity and Financial Management of the company
- Economic informative system company(accounting,budgets,analyses).
- Company strategy
- Specific economics
Each seminar builds on the previous lecture with an emphasis on practical training of lectures.
1.,2. Starting a business-plan (basic structure).
Assets and capital. Balance Sheet. Operating and net capital. Cost of capital (WACC). Liquidity. Indebtedness.
3.,4. Profit and loss. The structure and calculation results. Business performance-ROE, ROI, ROA, ROS, IN.
5.,6. Financial activity-turning cycle of money. Inventory management, accounts receivable. CASH
FLOW. Investment activity-time value of money, DN, IR, NPV, VVP. Economic Value Added-EVA.
7.,8. TEST I, Calculation of the full cost (division, with evaluative numbers, overhead rates). Pricing. The tipping point. Establishment of the budget.
9.,10. Human Resources - calculation of wages. The calculation of labor productivity.
11., 12. TEST II
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
Classification of course in study plans