Course: Economics of the Firm I.

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Course title Economics of the Firm I.
Course code KMG/CPOEK
Organizational form of instruction Lesson
Level of course Bachelor
Year of study not specified
Semester Winter and summer
Number of ECTS credits 0
Language of instruction Czech
Status of course unspecified
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
  • Kovářová Kateřina, doc. Ing. Ph.D.
Course content
1. The fundamental of the enterprise and the business 2. Establishment and development of the enterprise 3. Enterprise strategy and environment analysis 4. Construction (anatomy) of the enterprise; property, capital and organizational structure 5. Efficiency of business management 6. Business management 7. Manufacturing activities of the enterprise 8. Purchasing business activities 9. Sales business 10. Price calculation, types of calculations 11. Personnel resources 12. Investment activity 13. Financing of the enterprise

Learning activities and teaching methods
unspecified, unspecified
Learning outcomes
This course is focused on an interdisciplinary understanding of the foundations of business start-ups, the life and extinction of a business, basic activities with the operation of businesses.
Upon successful completion of the course students will be able to: - Summarize the basic typology of business and individual forms of business, - Formulate business plan and business budget, - Calculate the optimization roles of business entities in the area of purchasing, production, production capacity and calculation of costs, - Distinguish the ownership and capital structure of the enterprise, - Describe the composition of takings and revenues based on basic accounting documents, -Evaluate individual business activities for innovation changes in the investment and personnel policy of the company.
Recommended prerequites is Microeconomics I.

Assessment methods and criteria
Attendance in lectures and seminars is recommended but not mandatory. The assessment will be realized by the : - Continuous work on the analysis of the selected company and its presentation on the exercises - Midterm tests - Final exam test Midterm and exam tests will take place at school and will take the form of a written test, the test will be a combination of open, closed questions and possibly a simple example.   The student shall pass all midterm test it the score at least 70% (assessment requirement) and present on the exercises. The student will have two substitute terms during the semester for repairing unsuccessful midterm tests. The final exam will be based on the selection of correct statement(s) with the score penalization for incorrect answer. The maximum score will be 100 points. The mark ill be awarded according to the following key: 90-100 points excellent mark (1) 75-89 points mark very good (2) 60-74 points mark good (3) 0-59 points score failed (4)
Recommended literature
  • FOTR, Jiří. Podnikatelský plán a investiční rozhodování. 2. vydání. Praha: Grada Publishing, 1999. ISBN 80-7169-812-1..
  • GERŠLOVÁ, Jana. Dějiny moderního podnikání. Praha: Professional Publishing, 2012. ISBN 978-80-743-1080-5.
  • KISLINGEROVÁ, Eva a kol. Nová ekonomika. Praha: C. H. Beck, 2011. ISBN 978-80-7400-403-2..
  • MIKOVCOVÁ, Hana, SCHOLLEOVÁ, Hana. Praktikum. Podniková ekonomika pro bakalářské studium. Praha: Vydavatelství a nakladatelství Aleš Čenek, 2006. ISBN 80-86898-78-4..
  • SYNEK, Miloslav a kol. Podniková ekonomika. 5. přepracované a doplněné vydání. Praha: C. H. Beck, 2010. ISBN 978-80-7400-336-3..
  • VÁCHAN, Jan, VOCHOZKA, Marek a kol. Podnikové řízení. Praha: Grada Publisshing. 2013. ISBN 978-80-247-4642..

Study plans that include the course
Faculty Study plan (Version) Branch of study Category Recommended year of study Recommended semester