VŠTE:EKP_z Business economy - Course Information

EKP_z Business economy

Extent and Intensity

4/2/0. 8 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Patrik Gross (seminar tutor)
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

Timetable of Seminar Groups

EKP_z/P01: each odd Thursday 8:00–9:30 D416, each odd Thursday 9:40–11:10 D416, each odd Thursday 11:25–12:55 D416, each odd Thursday 13:05–14:35 D416, L. Ližbetinová
EKP_z/S01: each even Tuesday 11:25–12:55 I317B, each even Tuesday 13:05–14:35 I317B, P. Gross
EKP_z/T4: Sun 6. 10. 8:00–9:30 D416, 9:40–11:10 D416, 11:25–12:55 D416, 13:05–14:35 D416, Sat 9. 11. 8:00–9:30 D416, 9:40–11:10 D416, 11:25–12:55 D416, 13:05–14:35 D416, 14:50–16:20 D416, Sun 15. 12. 8:00–9:30 D416, 9:40–11:10 D416, 11:25–12:55 D416, M. Hlatká

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

Student Workload

Activities	Number of Hours of Study Workload
	Daily Study	Combined Study
Preparation for the Mid-term Test	23	23
Preparation for Lectures	26
Preparation for Seminars, Exercises, Tutorial	45	97
Preparation for the Final Test	36	36
Attendance on Lectures	52
Attendance on Seminars/Exercises/Tutorial/Excursion	26	52
Total:	208	208

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.

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