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Course info
KPV / IE
:
Course description
Department/Unit / Abbreviation
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KPV
/
IE
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Academic Year
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2023/2024
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Academic Year
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2023/2024
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Title
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Economics for Engineers
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Form of course completion
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Exam
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Form of course completion
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Exam
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Accredited / Credits
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Yes,
4
Cred.
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Type of completion
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Combined
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Type of completion
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Combined
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Time requirements
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Lecture
2
[Hours/Week]
Tutorial
2
[Hours/Week]
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Course credit prior to examination
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Yes
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Course credit prior to examination
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Yes
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Automatic acceptance of credit before examination
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Yes in the case of a previous evaluation 4 nebo nic.
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Included in study average
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YES
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Language of instruction
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Czech
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Occ/max
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|
|
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Automatic acceptance of credit before examination
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Yes in the case of a previous evaluation 4 nebo nic.
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Summer semester
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0 / -
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0 / -
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0 / -
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Included in study average
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YES
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Winter semester
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0 / -
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0 / -
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0 / -
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Repeated registration
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NO
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Repeated registration
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NO
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Timetable
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Yes
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Semester taught
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Winter semester
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Semester taught
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Winter semester
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Minimum (B + C) students
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10
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Optional course |
Yes
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Optional course
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Yes
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Language of instruction
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Czech
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Internship duration
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0
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No. of hours of on-premise lessons |
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Evaluation scale |
1|2|3|4 |
Periodicity |
každý rok
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Evaluation scale for credit before examination |
S|N |
Periodicita upřesnění |
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Fundamental theoretical course |
No
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Fundamental course |
No
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Fundamental theoretical course |
No
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Evaluation scale |
1|2|3|4 |
Evaluation scale for credit before examination |
S|N |
Substituted course
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KPV/PE
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Preclusive courses
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N/A
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Prerequisite courses
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N/A
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Informally recommended courses
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N/A
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Courses depending on this Course
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N/A
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Histogram of students' grades over the years:
Graphic PNG
,
XLS
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Course objectives:
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The course focuses on the following areas: company in a market economy; mission and objectives; capital structure of a company; assets, liabilities and stockholders' equity; classification of costs; process costing; current assets, fixed assets and labour; production process; planning and budgeting process.
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Requirements on student
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Conditions of examination and requirements for credit:
examination - combined examination (written and oral)
credit - solution in written way of exaples assigned on seminars
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Content
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Application of basic knowledge of company economics with a focus on production of mechanical engineering companies. Practical calculations in relation to individual lectures are performed in the seminars.
1. Asset and capital structure of a company
2. Objectives of the company
3. Company financing, financial statements
4. Revenues, costs and profit
5. Managerial accounting, profitable break-even point
6. Production, production factors
7. Production stocks
8. Production capacity
9. Wages
10. Calculation
11. Break-even cost points
12. Product
13. Summary of lectures, consultations
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Activities
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Fields of study
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Guarantors and lecturers
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Literature
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-
Basic:
Duchoň, Bedřich. Inženýrská ekonomika. Vyd. 1. Praha : C.H. Beck, 2007. ISBN 978-80-7179-763-0.
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Basic:
SYNEK, M. Manažerská ekonomika, 5. vydání. Praha: Grada, 2011. ISBN 978-80-247-3494-1.
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Extending:
Tomek, Gustav; Vávrová, Věra. Integrované řízení výroby : od operativního řízení výroby k dodavatelskému řetězci. 1. vyd. Praha : Grada, 2014. ISBN 978-80-247-4486-5.
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Recommended:
Scholleová, Hana. Ekonomické a finanční řízení pro neekonomy. 3., aktualizované vydání. 2017. ISBN 978-80-271-0413-0.
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On-line library catalogues
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Time requirements
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All forms of study
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Activities
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Time requirements for activity [h]
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Contact hours
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52
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Undergraduate study programme term essay (20-40)
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20
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Preparation for an examination (30-60)
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40
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Total
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112
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Prerequisites
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Knowledge - students are expected to possess the following knowledge before the course commences to finish it successfully: |
no special knowledge is expected |
characterize an industrial company |
describe and explain basic technologies used in mechanical engineering companies |
Skills - students are expected to possess the following skills before the course commences to finish it successfully: |
apply theoretical knowledge in solving practical problems in the field of business economics |
Competences - students are expected to possess the following competences before the course commences to finish it successfully: |
N/A |
N/A |
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Learning outcomes
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Knowledge - knowledge resulting from the course: |
describe the basic economic indicators and relations among them (revenues, costs, profit) |
characterize asset and capital structure of the company |
describe production in mechanical engineering companies and its forms and types |
Skills - skills resulting from the course: |
calculate the costs of a specific product |
determine the utilization of production capacity |
determine the necessary production stocks |
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Assessment methods
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Knowledge - knowledge achieved by taking this course are verified by the following means: |
Combined exam |
Seminar work |
Skills - skills achieved by taking this course are verified by the following means: |
Skills demonstration during practicum |
Seminar work |
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Teaching methods
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Knowledge - the following training methods are used to achieve the required knowledge: |
Lecture |
Self-study of literature |
Skills - the following training methods are used to achieve the required skills: |
Practicum |
Individual study |
Multimedia supported teaching |
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