EKP_z Business economy

Institute of Technology and Business in České Budějovice
winter 2024
Extent and Intensity
4/2/0. 8 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Martina Hlatká, PhD. (seminar tutor)
doc. Ing. Rudolf Kampf, Ph.D., MBA (seminar tutor)
doc. Ing. Lenka Ližbetinová, PhD. (seminar tutor)
Guaranteed by
doc. Ing. Lenka Ližbetinová, PhD.
Department of Transport and Logistics – Faculty of Technology – Rector – Institute of Technology and Business in České Budějovice
Supplier department: Department of Transport and Logistics – Faculty of Technology – Rector – Institute of Technology and Business in České Budějovice
Prerequisites (in Czech)
UDO Introduction to transport and transportation && MAT_2z Mathematics II
Course Enrolment Limitations
The course is offered to students of any study field.
Course objectives supported by learning outcomes
The main goal of the course is for students to acquire basic knowledge of the general economics of the company and subsequently with a specific focus on the economics of the transport company. The course expands students' knowledge of general economics and economics. Students will get acquainted with the basic concepts used in the economics of transport, understand the specifics of transport financing, calculation of demonstrable loss, reasonable profit. Can characterize and specify accounting operations in transport companies and can allocate costs between carriers. The graduate of the course is able to economically understand the financing of transport as a whole.
Learning outcomes
At the end of the course students should be able to: understand and explain: Specialities and principles of transport business. Financing of transport corporations. Transport and tariff policy. Analysis of transport demand, structure of transport market, characteristics and factors of transport demand, transport demand elasticity. Evaluation of time savings in transport. Measurement of demand and transport market analysis. Analysis of transport supply, characteristics of supply, factors of supply of quality transport services, transport supply elasticity. Costs in transport sector. Costs of a transport corporation, structure and dynamics. Evaluation of prime costs influence on economics of a transport company. Costs of an user of transport. External costs in transport. Economic costs and types of congestions. Efficiency indices of traffic in rail, road, air and water transport. Planning and optimizing of traffic operation, planning of structure and potential, operating planning. Pricing in transport services, price discrimination in transport, price setting at stochastic demand, price setting in peak traffic. Investment calculation, principles of investment calculation, methods of investment calculation, inflation influence and investment risk, investment portfolio. Evaluation of effectiveness of transport investment.
Syllabus
  • 1. Essentials of the business and enterprise, corporate objectives and the environs of the enterprise 2. Classification of enterprises, life cycle of the enterprise and restructuring of the enterprise 3. Corporate organisational structures 4. Transformation process of the enterprise - the property structure of the enterprise, valuation, wear and tear and depreciation of fixed assets 5. Transformation process of the enterprise - capital structure of the enterprise, valuation methods of the enterprise, optimal capital structure 6. Costs and income, result 7. Strategic, tactical and operational management of the enterprise and its instruments, business plan of the enterprise 8. Characteristics of the company's production activity, production programme, optim isation and planning of the production process, planning and utilisation of production capacity 9. Financial management of the enterprise, types and methods of financing the enterprise, financial analysis of the enterprise 10. Taxation and Tax System of the Czech Republic 11. Procedure for evaluating the efficiency of investments and indicators of the economic efficiency of investments 12. Company sales, company sales strategies, conquest planning, pricing methods 13. Basics of the transport business 14. Definition of basic concepts related to public passenger transport services (within the framework of transport services) 15. Financing of transport enterprises 16. Transport and tariff policy 17. Factors acting on the demand for transport services of the transport undertaking 18. Offering performance of the transport undertaking 19. Costs, revenues and profit or loss of the transport undertaking 20. External transport costs 21. Indicators characterising the operational performance of the transport undertaking 22. Preparation and planning of transport services of the transport undertaking 23. Price creation in transport 24. Assessment of investments in transport 25. Accounting operations in transport, their specifics 26. Breakdown of performance and costs between carriers, division of transport work
Literature
    required literature
  • VÁCHAL, J., M. VOCHOZKA a kol., 2013. Podnikové řízení. Havlíčkův Brod: Grada Publishing. ISBN 978-80-247-4642-5.
    recommended literature
  • MELICHAR, V. a J. JEŽEK, 2004. Ekonomika dopravního podniku. Pardubice. ISBN 80-7194-711-3.
  • VOCHOZKA, M. a P. MULAČ, 2012. Ekonomika podniku. Havlíčkův Brod: Grada Publishing. ISBN 978-80-247-4372-1.
  • HYRŠLOVÁ, J. a J. KLEČKA, 2008. Ekonomika podniku. Vysoká škola ekonomie a managmentu Praha. ISBN 978- 80-86730-36-3.
  • EISLER, J., 1998. Úvod do ekonomiky dopravy. Praha: Codex Bohemia, 282 s. ISBN 80-85963-54-X.
  • EISLER, J., KUNST, J. a F. ORAVA, 2011. Ekonomika dopravního systému. Oeconomica VŠE Praha. ISBN 978-80-245-1759-9.
  • HERMALIN, B. a M. WEISBACH, 2017. The Handbook of the Economics of Corporate Governance. 1st Edition. North Holland, 760 s. ISBN 9780444635303.
  • QUINET, E. a R. VICKERMAN, 2004. Principles of Transport Economics. Cornwall, 400 s. ISBN 978 1 84064 865 2.
Forms of Teaching
Lecture
Seminar
Tutorial
Teaching Methods
Frontal Teaching
Group Teaching - Cooperation
Brainstorming
Critical Thinking
Individual Work– Individual or Individualized Activity
Student Workload
ActivitiesNumber of Hours of Study Workload
Daily StudyCombined Study
Presentation66
Preparation for the Mid-term Test1313
Preparation for Lectures26 
Preparation for Seminars, Exercises, Tutorial2678
Preparation for the Final Test2626
Semester project3333
Attendance on Lectures52 
Attendance on Seminars/Exercises/Tutorial/Excursion2652
Total:208208
Assessment Methods and Assesment Rate
Exam – written 70 %
Test – mid-term 30 %
Exam conditions
For seminary work student can receive a maximum of 30 points. Instructions for seminary work determined at the beginning of the semester by the teacher.

A written examination may receive a maximum of 70 points. Total score represents the sum of points for the seminary work and written examination.

Grading Scale:

A 100 – 90, B 89,99 – 84, C 83,99 – 77, D 76,99 – 73, E 72,99 – 70, FX 69,99 – 30, F 29,99 - 0.

Language of instruction
Czech
Teacher's information
https://is.vstecb.cz/auth/do/5610/skripta/292986/Ekonomika_dopravniho_podniku.pdf
Attendance in lessons is defined in a separate internal standard of ITB (Evidence of attendance of students at ITB). It is compulsory, except of the lectures, for full-time students to attend 70 % lesson of the subjet in a semester.
The course is also listed under the following terms summer 2021, winter 2021, summer 2022, winter 2022, winter 2023.
  • Enrolment Statistics (winter 2024, recent)
  • Permalink: https://is.vstecb.cz/course/vste/winter2024/EKP_z