Course detail

Corporate Economics

FP-EcePAcad. year: 2023/2024

Corporate economics consider basic theoretic knowledge from the corporate economy theme. This course is designed as a comprehensive overview of corporate economics theory. Course cover a number of topics including production analysis, break - even analysis, accounting profit and economic profit, capital budgeting, managerial decision making, fund flow statement a budget and budgetary control. You will be equipped with a set of concepts and analytical tools that will allow you to approach and analyse a wide variety of common corporate economic questions. Further students will be able to gain company’s economy knowledge connected to each field of company’s activity. Concerning the gained course knowledge and as part of the course evaluation, students should be able to apply it to concrete company’s activity, process or to try to solve the problem in specific field of the company’s activity.

Language of instruction

English

Number of ECTS credits

5

Mode of study

Not applicable.

Entry knowledge

There is expectation to have general knowledge of economics

Rules for evaluation and completion of the course

Knowledge is verified by a written examination. For the written exam the student receives two computational examples and four technical questions of a theoretical part defined by lectures in the field of enterprise economics. The student is awarded the classification according to the grading scale ECTS max score of 70 points.
There is also one control test.
Passing the control test: 30 points
Minimum number of points: 17 points.
Correction term is the only one in the credit week.
A 100 – 90
B 89 - 80
C 79 – 70
D 69 – 60
E 59 – 50
F 49 - 0

There is one control test during the semester. In the case of excused absence from seminars, teacher in justified cases set a condition alternative task.

Aims

Objectives of the course: The aim of the course is to provide students with a comprehensive overview of the economic theory of the corporation. It deals with a range of topics, including production analysis, break - even analysis, accounting profit and economic profit, capital budgeting, managerial decision making, fund flow statement a budget and budgetary control. There is underlined the economic aspect of the issue and the focus on the terminology in the lectures.

Learning outcomes:
Knowledge: Further students will be able to gain company’s economy knowledge connected to each field of company’s activity.
Skills: Students will be equipped with a set of concepts and analytical tools that will allow students to approach and analyse a wide variety of common corporate economic questions.
Eligibility: Concerning the gained course knowledge and as part of the course evaluation, students should be able to apply it to concrete company’s activity, process or to try to solve the problem in specific field of the company’s activity.



Students will be able to gain company’s economy knowledge connected to each field of company’s activity.
Concerning the gained course knowledge and as part of the course evaluation, students should be able to apply it to concrete company’s activity, process or to try to solve the problem in specific field of the company’s activity.

Study aids

Not applicable.

Prerequisites and corequisites

Basic literature

BURNS, P. Entrepreneurship and small business. Palgrave Macmillan. 2001. ISBN 0-333-91474-0

Recommended reading

DAVID, E. Financial Analysis and Decision Making. McGraw-Hill. 2003. ISBN 0-07-141559-9.
DRURY, C. Management and cost accounting. Cengage Learning. 2015. ISBN 978-1-4080-9393-1.

Classification of course in study plans

  • Programme MGR-EBF Master's, 1. year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Exercise

13 hours, compulsory

Teacher / Lecturer