BPH_ACEC Corporate Economics

Faculty of Economics and Administration
Autumn 2023
Extent and Intensity
2/2/0. 8 credit(s). Type of Completion: zk (examination).
Teacher(s)
doc. Ing. Pavla Marciánová, Ph.D. (lecturer)
Ing. Petr Mikuš, Ph.D. (lecturer)
doc. Ing. Bc. Petr Suchánek, Ph.D. (lecturer)
Ing. Petr Mikuš, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Bc. Petr Suchánek, Ph.D.
Department of Business Management – Faculty of Economics and Administration
Contact Person: Vlasta Radová
Supplier department: Department of Business Management – Faculty of Economics and Administration
Timetable
Mon 18:00–19:50 S309, except Mon 18. 9., except Mon 6. 11.
  • Timetable of Seminar Groups:
BPH_ACEC/01: Thu 18:00–19:50 S305, except Thu 21. 9., except Thu 9. 11., P. Mikuš
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 24 student(s).
Current registration and enrolment status: enrolled: 18/24, only registered: 0/24, only registered with preference (fields directly associated with the programme): 0/24
fields of study / plans the course is directly associated with
Course objectives
The course of Corporate economics is an introductory and relatively independent part of teaching fundamentals of business economics. Students get acquainted with the construction of a company. It clarifies the objectives of a company, classification of corporate production factors and their mutual relations. It focuses on general issues of corporate economics and economic events in the enterprise, regardless of the affiliation to a particular field or industry, and its profit or non-profit orientation. Along with the follow-up course of Corporate Economy II, where basic business functions and activities are taught, it provides a comprehensive view of a company. The main objective of the course is to obtain basic theoretical and practical knowledge of construction of a company.
Learning outcomes
At the end fo the course the student should be able to:
- clarify the subject matter and methods of analyzing and a segmentation in business economics
- interpret the structure of corporate production factors, their relationships and structure
- Identify different types and forms of companies
- Understand the causes and forms of business association
- Analyze development of a company and to describe individual stages of its life cycle

The knowledge gained in this course is further developed in the course of Business Economy, where topics such as business activities and functions are taught. Altogether, these two courses provide a comprehensive view of a company.
Syllabus
  • 1) Organization as a part of national economy and the subject of corporate economy

  • 2) Life cycle of organization

  • 3) Legal forms of organizations

  • 4) Sole traders and small and middle-sized organizations

  • 5) Production factors in organization

  • 6) System of organization goals, tools and management principles

  • 7) Planning and decission-making in organization

  • 8) Organisation and control of a organization

  • 9) Remuneration and human labour performance

  • 10) Long-term tangible assets and material as production factors of organization

  • 11) Functions of organization

  • 12) Business associations

Literature
    required literature
  • Corporate governance and economic performance. Edited by Klaus Gugler. Oxford: Oxford University Press, 2001, xii, 223. ISBN 0199245703. info
  • DEMSETZ, Harold. The economics of the business firm : seven critical commentaries. 1st ed. Cambridge: Cambridge University Press, 1997, x, 179. ISBN 0521588650. info
    recommended literature
  • e-books: Business. Business. 2016, 00002. ISBN 9781471847813.
  • DOCKERY, Doug and Laureen KNUDSEN. Modern Business Management: Creating a Built-to-Change Organization. 1st ed. edition. Apress, 2018. ISBN 1-4842-3260-7. info
Teaching methods
Education proceeds as lectures, that are teoretical preparing of students in the framework of discussed issues (according syllabus). This teoretical preparing is applied in tutorials, where students solve praktical examples (problems) from respective problem issues. Students learn to solve choice problems from organization practises and they gain practises skills too.
Assessment methods
Conditions of successful completion of the course: active participation in seminars, elaboration and presentation of an essay, successfully passed two mid-term tests and successfully passed oral examination.


Examination: written and oral.
Language of instruction
English
Further comments (probably available only in Czech)
The course is taught annually.
Listed among pre-requisites of other courses
Teacher's information
In case the student enrols in the course during his/her trip abroad, the same conditions apply, i.e. elaboration of an essay, successfully passed two mid-term tests and successfully passed oral examination. It is recommended to contact the supervisor at the beginning of the semester to agree on the topic of the thesis, study materials and the course of completion.

Any copying, keeping a record of tests or carrying the tests out, using forbidden aids including any communication devices or any other breach of objectivity of the exam is regarded as a failure to meet the obligations of the subject and as a serious breach of study regulations. As a consequence, the teacher grades the student with "F" and the dean is allowed to initiate a disciplinary action, which might lead to the termination of the studies.

The course is also listed under the following terms Autumn 2017, Autumn 2018, Autumn 2019, Autumn 2020, Autumn 2021, Autumn 2022, Autumn 2024.
  • Enrolment Statistics (Autumn 2023, recent)
  • Permalink: https://is.muni.cz/course/econ/autumn2023/BPH_ACEC