Course detail

Economics and Business Management

FSI-5EMAcad. year: 2019/2020

The subject covers the knowledge need in the mechanical production area. It provides the basic economic elements and helps to understand basic economic production relationships. The subject is focused on the fundamental information in the business economy area ( e.g. company profit, demand, costs, calculations, production capacity, budgeting basics etc ). It includes also network analysis principles, market power, multi-criteria decision making and strategic planning.

Learning outcomes of the course unit

The students get theoretical knowledge in the production company economy and production management basics. Students should be able to prepare basic technical-economic calculations and apply the knowledge for production management processes.


General mathematics knowledge at the level of FME courses. Basic knowledge of differential and integral calculus.


Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

PINEDO, Michael L. Planning and Scheduling in Manufacturing and Services. New York, USA : Springer, 2005. 506. ISBN: 0-387-22198-0. (EN)
ASKIN, Donald G., GOLDBERG, Jeffrey B. Design and analysis of lean production systems. The University of Arizona : John Eley and Sons, 2002. 533. ISBN: 0-471-11593-2. (EN)
KOTLER, Philip a Kevin Lane KELLER. Marketing management. [4. vyd.]. Praha: Grada, 2013. ISBN 978-80-247-4150-5. (CS)
MAIMON, O., KHMELNITSKY, E., KOGAN, K. Optimal flow control in manufacturing systems (Production Planning and Scheduling). The Netherlands : Kluwer Academic Publisher, 1998. 346. ISBN: 0-7923-5106-1. (EN)
HARRISON, D.K., PETTY, D.J. Systems for Planning and Control in Manufacturing. Oxford : Butterworth, Heinemann, 2002. 295. ISBN: 0-7506-4977-1. (EN)

Planned learning activities and teaching methods

The course includes the lectures that cover basic principles and theory of the subject. Course also includes the exercises that are focused on practical use of the theory knowledge. Students prepare practical examples joined with actual business practice.

Assesment methods and criteria linked to learning outcomes

Conditions for obtaining credit:
100% attendance to practice
Test includes 15 test questions (max. 15 points).
Calculation part includes 3 examples (max. 15 points).
27 points or more - A;
:26-23 points - B;
22-19 points - C;
18-17 points - D;
16 points - E

Language of instruction


Work placements

Not applicable.


The aim of the subject is to provide knowledge about the business functioning and production management from economic and managerial point of view.

Specification of controlled education, way of implementation and compensation for absences

Participation in the seminars is mandatory. In seminars activity and basic knowledge is evaluated.

Classification of course in study plans

  • Programme M2I-P Master's

    branch M-VSR , 2. year of study, winter semester, 3 credits, elective (voluntary)
    branch M-KSB , 2. year of study, winter semester, 3 credits, compulsory

Type of course unit



26 hours, optionally

Teacher / Lecturer


26 hours, compulsory

Teacher / Lecturer

E-learning texts

Podklady_prezentace (cs)