The course focuses on a practical analysis of the specific characteristics of non-profit sector organisations, based on various types of their activity and methods of their funding, and presented through the following topics: reasons of existence, typology of organisations, mission, functions, processes, complex economy - utility, performances, costs, receipts, calculations, prices, taxes; norms, provisions, limits, standards; budgeting, fundraising; investment, innovation, efficiency, management - planning, organising, control, personnel policy, leadership, external environment - marketing;
Students will be able to understand and explain the specifics of the nonprofit sector and nonprofit institutions, including the managerial, financial and marketing methods and instruments.
Students will be able to define, analyse and judge the relations among particular sectors.
According to the character of the nonprofit subjects they should be able to make reasoned decisions about fundraising strategies, efficiency improvement and managing the volunteers.
Students will be also able to evaluate the financial and social sustainibility of the concrete organization.
The subject matter of lectures is developed further in seminars, and illustrated with concrete cases of different non-profit organisations. Prerequisites for studying the subject include Public Economics , Economics of the Public Sector and partly Corporate Economics (comparison of running a company in profit and non-profit sectors).