Course: Business Economics

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Course title Business Economics
Course code KKM/QEKPO
Organizational form of instruction Lecture
Level of course Bachelor
Year of study 3
Semester Summer
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory
Form of instruction unspecified
Work placements unspecified
Recommended optional programme components None
Lecturer(s)
Course content
Lectures (block) 1) block: 1. Enterprise and its surroundings; Divisions; Start-up; 2. Founding budget; Property; Valuation; 3. Capital; Balance sheet; Profit 2) block: 4. Revenues and Costs (divisions, concepts, functions, charts, calculations, management, etc.); 5. Profit (continue); Calculation formula; 6. Reversal point (analysis, constant linear and non-linear); 7. Cash flow; 8. Pricing 3) block: 9. Supply; 10. Stock management; 11. Production activity of the enterprise; 12. Production function and Optimization; 13. Investment business; 14. Rehabilitation and extinction of the company Exercises (block) 1) block: 1. Introduction: materials, assignment of semestral papers; 2. Enterprise and business: neighborhood; life; objectives; functions; typology; 3. Ownership structure of the enterprise 2) block: 4. Company's capital structure; 5. Revenues and costs; 6. Economic result and Calculation; 7. Reversal point; 8. Volume of production 3) block: 9. Cash flow; 10. Production activity and capacity; 11. Purchasing; Sales; 12. Finance and Investments; 13. Founding budget; 14. Test

Learning activities and teaching methods
Monologic (reading, lecture, briefing), Demonstration
  • Class attendance - 16 hours per semester
  • Preparation for classes - 100 hours per semester
  • Semestral paper - 20 hours per semester
  • Preparation for exam - 40 hours per semester
Learning outcomes
Student will theoretically encompass the lectures on the subject of the economy of the company, learn terminology, basic charts, divisions and functions. During the exercises, individual chapters listen to students (call for separate preparation and preparation assignment). In addition to the theoretical page (development of abstract thinking), the practical side, i.e. a reference to practice, will also be taken into account.
Student understands the basic economic terms, relations and phenomena related to the economy of the company. On the basis of the information obtained, they are better able to orientate and decide in specific situations of the company and its phases.
Prerequisites
The course is not subject to any other material. However, a certain amount of information is recommended in the economic field (basics of economics).

Assessment methods and criteria
Combined exam

Credit requirements: active participation in seminars (max. 2 absences), semestral work in the range of 5 - 10 pp. (according to the assignment) Exam requirements: written test (5 questions of type of multichoice + 2 numerical economic examples, min. success = 60 %)
Recommended literature
  • SYNEK, M. - KISLINGEROVÁ, E. Podniková ekonomika. 6. přepracované a doplněné vydání. 2015.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester
Faculty: Faculty of Agriculture and Technology Study plan (Version): Animal husbandry (2016) Category: Agriculture and forestry 3 Recommended year of study:3, Recommended semester: Summer
Faculty: Faculty of Agriculture and Technology Study plan (Version): Sustainable Systems in Agricultural Land (2010) Category: Agriculture and forestry 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Agriculture and Technology Study plan (Version): Agribussines (2014) Category: Agriculture and forestry 2 Recommended year of study:2, Recommended semester: Summer
Faculty: Faculty of Agriculture and Technology Study plan (Version): Animal husbandry (2019) Category: Agriculture and forestry 3 Recommended year of study:3, Recommended semester: Summer