OPF:PEMNPMEK Managerial Economics - Course Information

PEMNPMEK Managerial Economics

Extent and Intensity

2/2/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Karel Stelmach, Ph.D. (lecturer)
doc. RNDr. Ing. Roman Šperka, Ph.D. (lecturer)
Ing. Žaneta Rylková, Ph.D. (seminar tutor)
Ing. Karel Stelmach, Ph.D. (seminar tutor)

Guaranteed by

doc. RNDr. Ing. Roman Šperka, Ph.D.
Department of Business Economics and Management – School of Business Administration in Karvina
Contact Person: Ing. Žaneta Rylková, Ph.D.

Timetable

Mon 13:05–14:40 AULA

• Timetable of Seminar Groups:

PEMNPMEK/01: Mon 8:05–9:40 B207, Ž. Rylková
PEMNPMEK/02: Mon 14:45–16:20 B206, K. Stelmach
PEMNPMEK/03: Wed 11:25–13:00 A501, K. Stelmach
PEMNPMEK/04: Wed 14:45–16:20 A501, K. Stelmach
PEMNPMEK/05: Thu 8:55–10:30 B101, K. Stelmach

Prerequisites

FAKULTA(OPF) && TYP_STUDIA(N) && FORMA(P)
The course can be registered independently on the courses.

Course Enrolment Limitations

The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 122 student(s).
Current registration and enrolment status: enrolled: 0/122, only registered: 0/122

fields of study / plans the course is directly associated with

• Managerial Informatics (programme OPF, N_MI)
• Business Economics and Management (programme OPF, N_EKOMAN, specialization Corporate Finance)
• Business Economics and Management (programme OPF, N_EKOMAN, specialization Marketing and Trade)
• Business Economics and Management (programme OPF, N_EKOMAN, specialization Business)
• Business Economics and Management (programme OPF, N_EKOMAN, specialization Accounting and Taxes)

Course objectives

Content of the course continues the courses Business Economics and Business Calculations which introduce students to the problems of management of economics in company. The course is based on knowledge of the processes that take place in the company, the aim is to learn to describe them, rekord them, measure their performance, not only through financial as well as non-financial indicators and to use modern management methods for management. Furthermore, it leads to practical use in preparing analyzes of the founding of the budget, assessment of investment projects and evaluation of innovative projects.

Syllabus

• Content:
  1. Summary of basic economic concepts and relationships of the subjects of Business Economics and Business Calculations
  2. Indicators - profit, gross margin, cash flow, comparison and fields of application.
  3. Nonlinear dependence of revenues and costs of production. Maximizing of profit. Operating lever.
  4. Management of cost-oriented business processes.
  5. Use of modified break even point in the assessment of the economic activity of enterprises (trade organizations).
  6. Production planning, production program, capacity of production lines.
  7. Productivity. Labor produktivity. Economics of scale.
  8. Analysis of the economic activity of the business. Management concept of economic analysis.
  9. Business capital as a factor of production.
  10.Assessment of financial performance of the company.
  11.Management of innovation processes in a company.
  12.Assessment of economic efficiency of investment.
  13.Balanced Scorecard and its importace in business practice.

Literature

required literature
• STELMACH, K. a Ž. RYLKOVÁ. Manažerská ekonomika v příkladech. Karviná: SU OPF, 2017. ISBN 978-80-7510-273-7. info
• STELMACH, K. a A. PAWLICZEK. Manažerská ekonomika. Karviná: SU OPF, 2013. ISBN 978-80-7248-986. info
• Synek, Miloslav. Manažerská ekonomika. Praha, 2011. ISBN 978-80-247-3494-1. info
• Kislingerová, Eva. Manžerské finance. Praha, 2004. ISBN 80-7179-802-9. info

recommended literature
• Synek, Miloslav. Manařerské výpočty a ekonomická analýza. Praha, 2009. ISBN 978-80-7400-154-3. info
• Popesko, Boris. Moderní metody řízení nákladů. Praha, 2009. ISBN 978-80-247-2974-9. info
• EHRLENSPIEL, K., KIERWERT, A., LINDEMANN, N. Cost-Efficient Design. New York: Springer Berlin Heidelberg, 2007. ISBN 978-3-540-34647-0. info
• NIVEN, P.R. Balanced Scorecard Step-by-Step. New Jersey: John Wiley and Sons, 2006. ISBN 978-0-471-78049-6. info
• NELLIS, J. G., PARKER, D. Principles of Business Economics. 2nd edition. Great Britain: Henry Ling Ltd., 2006. ISBN 978-0-273-69306-2. info
• JONES, T. Business Economics and Managerial Decision Making. England: John Wiley and Sons, Ltd., 2004. ISBN 0-471-48674-4. info
• MIKOVCOVÁ, H. A KOL. Podniková ekonomika 3. Sbírka příkladů. Praha: Oeconomica, 2004. ISBN 80-245-0709-9. info
• Doyle, David P. Strategiucké řízení nákladů. Praha, 2002. ISBN 80-7357-189-7. info
• DAVIS, H., LAM, P. Managerial Economics and Analysis of Business Issues. Great Britain: Bell and Brain Ltd.,, 2001. ISBN 978-0-273-64628-0. info

Teaching methods

Lecture supplemented with a discussion
Laboratory work
Skills demonstration
Seminar classes

Assessment methods

Written test

Language of instruction

Czech

Further comments (probably available only in Czech)

Study Materials
The course can also be completed outside the examination period.

Teacher's information

Requirements on student:
attendance in seminars 60%, seminar paper, discussion, course test (minimum 60 %), final combined exam

Activity	Difficulty [h]
Ostatní studijní zátěž	53
Přednáška	26
Seminář	26
Zkouška	40
Summary	145

• Enrolment Statistics (Winter 2019, recent)
  
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