The course Managerial Economics aims to familiarize students with basic concepts related to business economics and managerial economics. This course deals with operating profit from a business perspective, gross profit from a managerial perspective, and working capital management. The student is introduced to the basic principles of cost controlling and transfer rates between cost centers, preparedness for inventory management is specified, and the analysis and evaluation of the production process is presented from the perspective of both production capacity and optimization of the quantity produced. The student is introduced to the orientation in management analyses from a managerial perspective. The student will learn the essence of capital structure optimization and will know how to use the concept of financial leverage. The student will be introduced to the value chain of internal processes and economies of scale.
Block 1 - Organization of study
Take advantage of the opportunity to attend lectures for face-to-face teaching, or (by prior arrangement) seminars. You can find out the dates of face-to-face teaching using the application Schedule of classes/Other schedules and reservations. (The abbreviation of the subject is PEMNAMAE).
Preparation of a seminar paper. Presentation of the seminar paper in November and December.
The course is concluded with a written exam.
- A: 47 - 50 points
- B: 42 - 46 points
- C: 37 - 41 points
- D: 33 - 36 points
- E: 29 - 32 points
- F: 0 - 28 points
Required:
Adámek, P.,
& Rylková, Ž. (2014). Managerial
Economics. Selected Aspects of the Business. SU OPF.
Cammileri, E.
(2024). Key Performance
Indicators: The Complete Guide to KPIs for Business Success. Routledge.
Sternad, D. (2020). Effective Management. Developing yourself, others and
organizations. Red Globe
Press.
Recommended:
Noreen, E. W., Brewer, P. C., & Garrison, R., H.
(2024). Managerial Accounting. McGraw-Hill Education.
Altendorfer,
K. (2014). Capacity and
Inventory Planning for Make-to-Order Production Systems. Springer.
Tools: discussion forum, school email, MS-Teams, provisioning room. Specific conditions, communication rules and methods of use will be specified during the introductory training.
Communication with the teacher: school email, MS-Teams, consultation hours.
Communication with students: within the course, it is possible to use in particular the discussion forum. For the exchange or provision of electronic materials between classmates, use the Provisioning Room, see below.
