Course detail
Managerial Economics
FSI-HMUAcad. year: 2017/2018
The course is a follow up of general economic theory in particular from company management, microeconomics, statistics, mathematics, finance and accounting. The course provides basic theoretical knowledge of and practical skills in the sphere of managerial economy. It is focused on characteristics of basic corporate activities, property and capital structure of the company, financial management and economics, questions related to property and company valuation, revenues and costs from the managerial point of view, corporate activities (production, financial and investment activities) as well as personal management. The emphasis is laid first of all on the decision making process. The course addresses especially the economic aspect of given topics as well as mastering the professional terminology.
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Learning outcomes of the course unit
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Passing final exam 70 points
Total maximum 100 points
Grading
Grade Number of points
A 100 – 90
B 89 - 80
C 79 – 70
D 69 – 60
E 59 – 50
F 49 - 0
Course curriculum
2. Purposes company and his function.
3. Rights in property and capital structure company.
4. Yields, costs, income from operations.
5. Gain and iterrelations between basic economic quantities.
6. Managerial conception loads.
7. Productive activity company.
8. Financial activity company.
9. Capital activity company.
10. Analyses, controlling.Personal work.
Summary.
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Continuous preparation for seminars (individual study of literature)
Case study solution
Preparation for final exam
Final exam
Recommended optional programme components
Prerequisites and corequisites
Basic literature
Recommended reading
WÖHE, Günter; KISLINGEROVÁ, Eva. Úvod do podnikového hospodářství. 2. přepracované a doplněné vydání. Praha: CH Beck, 2007. 928 s. ISBN 978-80-7179-897-2, 2007.
Classification of course in study plans
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
- Requirements for passing a course-unit credit. Goals and functions of the company
- Reproductive process in the company and its parts. Property and capital structure of the company
- Balance sheet. Long term assets, inventory. Valuation of corporate property.
- Revenues, costs, economic result. Corporate effectiveness.
- Managerial approach to the costs, Cost classification. Break-even point analysis. Operating lever.
- Corporate cost management. Standard costs method. New methods ABC, LCC.
- Corporate activities. Production activity of a company. Purchases. Sales. Services.
- Financial activities of the company
- Investment activities of the company
- Personal activities of the company. Corporate payroll system. Salary forms.
- Corporate bookkeeping. Interdepartmental accounting. Budgeting. statistics and analysis
Exercise
Teacher / Lecturer
Syllabus