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Lecturer(s)
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Course content
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Application of the basic knowledge of economic analysis with a focus on the engineering enterprise. Specific calculations are performed in relation to the individual areas presented. 1. Introduction to econometrics; Production capacity - the effect of sub-indicators on the change in production capacity 2. Economic statistics; Analysis of production volume as a time series 3. General methods of economic analysis; Regression and correlation analysis of production data 4. Economic-statistical indicator calculations; Measurement of costs, production volume and efficiency of a manufacturing enterprise 5. Cost analysis, standard cost method and demonstration of its practical application on production data 6. Financial analysis and demonstration of its practical application to a manufacturing enterprise 7. Econometric analysis of the main parts of the production process 8. Elasticity of economic functions; Elasticity of productivity of production factors 9. Cost models and dynamic costing and their application to the production environment 10. Econometric models and their application to the production environment
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Learning activities and teaching methods
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Interactive lecture, Lecture with practical applications
- Preparation for an examination (30-60)
- 45 hours per semester
- Graduate study programme term essay (40-50)
- 40 hours per semester
- Contact hours
- 50 hours per semester
- Preparation for comprehensive test (10-40)
- 20 hours per semester
- Presentation preparation (report) (1-10)
- 5 hours per semester
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| prerequisite |
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| Knowledge |
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| define basic economic variables such as costs, revenues and profit |
| to know mathematical methods for interleaving discrete points within a curve |
| describe and explain relations among individual production factors |
| Skills |
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| apply the least squares method |
| use cost calculations in specific cases |
| calculate the consumption of production factors for a specific production task |
| Competences |
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| N/A |
| N/A |
| N/A |
| - make decisions independently and responsibly on the basis of a framework assignment in a context that is only partially known, - communicate clearly and persuasively to experts and laypeople the nature of professional problems and their own views on their solution, - independently acquire further professional knowledge, skills and competences based primarily on practical experience and its evaluation, but also by independent study of theoretical knowledge in the field, |
| learning outcomes |
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| Knowledge |
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| explain different types of economic indicators |
| clarify the principle of pyramidal decomposition of indicators |
| explain simple econometric models |
| Skills |
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| analyze the revenues, costs and profit of the company using economic-statistical methods |
| create simple econometric models |
| analyze production |
| propose precautions to eliminate production shortcomings based on the analysis of production |
| Competences |
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| N/A |
| N/A |
| - communicate their own professional opinions to experts and the wider public in a clear and convincing manner, - make independent and responsible decisions in new or changing contexts or in a fundamentally evolving environment, taking into account the wider societal implications of their decisions, |
| teaching methods |
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| Knowledge |
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| Interactive lecture |
| Self-study of literature |
| Multimedia supported teaching |
| Skills |
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| Practicum |
| Individual study |
| Multimedia supported teaching |
| Task-based study method |
| Competences |
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| Interactive lecture |
| Multimedia supported teaching |
| assessment methods |
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| Knowledge |
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| Combined exam |
| Seminar work |
| Individual presentation at a seminar |
| Skills |
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| Skills demonstration during practicum |
| Seminar work |
| Individual presentation at a seminar |
| Competences |
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| Combined exam |
| Individual presentation at a seminar |
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Recommended literature
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Hančlová, Jana. Ekonometrické modelování : klasické přístupy s aplikacemi. 1. vyd. Praha : Professional Publishing, 2012. ISBN 978-80-7431-088-1.
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Hindls, Richard. Statistika pro ekonomy. Vyd. 1. Professional Publishing, 2018. ISBN 978-80-88260-09.
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Jurová, Marie. Výrobní a logistické procesy v podnikání. První vydání. Praha: Grada, 2016. ISBN 978-80-247-5717-9.
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Růčková, Petra. Finanční analýza : metody, ukazatele, využití v praxi. 5. aktualizované vydáné. 2015. ISBN 978-80-247-5534-2.
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Scholleová, Hana. Ekonomické a finanční řízení pro neekonomy. 3., aktualizované vydání. 2017. ISBN 978-80-271-0413-0.
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Synek, Miloslav; Kopkáně, Heřman; Kubálková, Markéta. Manažerské výpočty a ekonomická analýza. Vyd. 1. V Praze : C.H. Beck, 2009. ISBN 978-80-7400-154-3.
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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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Vochozka, Marek. Metody komplexního hodnocení podniku. Praha: Grada, 2020. ISBN 978-80-271-1701-7.
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