PEMNAMAE Managerial Economics

School of Business Administration in Karvina
Winter 2026
Extent and Intensity
2/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Žaneta Rylková, Ph.D. (lecturer)
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
Wed 11:25–13:00 A423
  • Timetable of Seminar Groups:
PEMNAMAE/01: Wed 13:05–14:40 A423, Ž. Rylková
Prerequisites
FAKULTA(OPF) && TYP_STUDIA(N) && (FORMA(P) || FORMA(Z))
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 40 student(s).
Current registration and enrolment status: enrolled: 29/40, only registered: 3/40
fields of study / plans the course is directly associated with
Learning outcomes
Student can explain why knowledge of business and managerial economics is good. Student can define basic concepts related to business economics and managerial economics. Student can work with operating profit from a business perspective, with gross profit from a managerial perspective. Student is able to explain the principles of cost controlling and can work with transfer rates between cost centers. Student is able to specify readiness for inventory management, can analyze and evaluate the production process from the perspective of both production capacity analysis and optimization of the produced quantity, can evaluate the return on investment. The student can orientate himself in economic analyses from a managerial perspective. Students know the essence of capital structure optimization and can use the concept of financial leverage. Students can define the value chain of internal processes and knows what economies of scale mean. He or she can present, analyze, evaluate and manage working capital. Student applies knowledge of the principles of effective teamwork.
Syllabus
1. Basic concepts of business economics
Importance and consequence of the study of business and managerial economics, basic concepts and subject matters of business economics and the basic problems of business economics are examined in order to properly understand the business activities.
2. Cost volume and profit analysis
Understanding the product cost structure is critical to comprehending the process of estimating. Selling costs are costs directly related to selling products. Costs are categorized according to their behavior in relation to product quantity. Cost volume profit analysis is based on relationship between quantity and sales revenues.
3. Profit and cash-flow differences
Several important profit measures, economic profit, Economic Value Added are examined. Cash flow statement is explained through three segments, namely: cash flow - operating activities, cash flow - investment activities and cash flow - financing activities.
4. Non-linear revenues in economics and in break-even point graph
Break-even analysis provides businesses a wide variety of information that can be used in decision-making processes, in business and managerial economics. Mentioned are conditions for comprehensive utilization of the break-even point based on incorporation of demand function in the current broadcasts in the break-even point graph construction.
5. Production planning
Production planning is used in companies in several different industries. Different types of production methods, such as single item manufacturing, batch production, mass production, continuous production, are explained with accent put on differences.
6. Economies of scale
Economies of scale apply to a variety of organizational and business situations. Economies of scale are explained at various levels, such as business or manufacturing unit, plant or an entire enterprise. Economies of scale is classified to two main types – internal and external.
7. Capital and factors of production
Factors of production are classified in four groups (land, labor, capital, entrepreneur). Capital is the produced means of production. Examples of capital and an increase in the capital are explained. Capital goods, fixed capital, working capital and capital used to boost the productivity of labor are characterized.
Language of instruction
English
The course is also listed under the following terms Accreditation winter, Winter 2022, Winter 2023, Winter 2024, Winter 2025.
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