Course detail

Economic practicum

FP-KepPDAcad. year: 2022/2023

This course introduces students to managerial calculations and economic analyses using a spreadsheet program MS Excel 2002. All areas of practical examples will be solved by the form of case studies.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

Ing. Jana Hornungová, Ph.D.

Department

Institute of Economics (ÚE)

Learning outcomes of the course unit

The student applies the theoretical knowledge gained from the previous study of economic subjects in bachelor study and is able to solve practical economic and managerial tasks using computer technology.

Prerequisites

Knowledge of economic subjects obtained in one’s study to date, especially from the subject of Business economics, computer skills, and knowledge of the spreadsheet program of Microsoft Excel 2010 are expected.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Exercises promote the practical mastery of subject presented in lectures or assigned for individual study with the active participation of students.

Assesment methods and criteria linked to learning outcomes


                             

Course curriculum

Content of the course:
1) Introduction to the subject. Utilization of MS Excel for the solution of managerial and economic calculations.
2) CVP analysis. Sensitivity analysis.
3) Calculation of full costs.
4) Product and production program evaluation.
5) Economic evaluation of investment efficiency - static methods.
6) Economic evaluation of investment efficiency - dynamic methods.
7) MS Excel tools and functions used in financial reporting
8) Trend analysis and percentage analysis of financial statements.
9) Analysis of profit and profitability indicators and their graphical presentation.
10) Analysis of indicators of liquidity, activity, capital structures and their graphical presentation.
11) Indicator systems, indexes and prediction models.
12) Intercompany comparison.
13) Credit test.

Work placements

Not applicable.

Aims

Aim of the course is to deepen students' ability to classify, analyze, and present information in response to specific decision-making tasks. This subject directly relates to the knowledge that students gained in the economically-oriented subjects within their studies. After a successful completion of this course, students will be able to use MS Excel for the purposes of managerila calculations and economic analyses.

Specification of controlled education, way of implementation and compensation for absences

The participation on concentration trainings.
The continuous preparation for concentration trainings (self study from literature.
Working on the exercises.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BROŽ, M. Excel pro manažery a ekonomy, 1.vyd. Praha:CP Books, 2005. 424 s. ISBN 80-251-0499-0. (CS)
FIBÍROVÁ, J. a kol. Nákladové a manažerské účetnictví, 1.vyd. Praha: ASPI, 2007. 430 s. ISBN 978-80-7357-299-0. (CS)
SYNEK, M. Manažerská ekonomika, 4.vyd. Praha: Grada Publishing, 2007. 452 s. ISBN 978-80-247-1992-4. (CS)
SYNEK, M. Podniková ekonomika. 4.vyd. Praha:C.H.Beck, 2006. 475s. ISBN 80-7179-892-4. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme BAK Bachelor's

    branch BAK-EP , 3 year of study, winter semester, compulsory-optional

Type of course unit

 

Computer-assisted exercise

26 hod., compulsory

Teacher / Lecturer

Ing. Jana Hornungová, Ph.D.

Syllabus

1. Introduction into the exercise, setting the conditions for obtaining the Pass. Introduction into solving the tasks with the help of MS Excel
2. The Costs definition – exercise No. 1
3. The management of the fixed and accelerating Costs – exercise No.2
4. The return management of the fixed and accelerating Costs – exercise No.3
6. The calculation of the Total Costs and Non-Total Costs – the Costing model, the Absorbing costing – exercise No. 5
7. The Investments deciding – exercise No. 6
8. The Budgets – exercise No. 7
9. Handing in the exercises, the evaluation, obtaining the Pass.