Economy and Management

The course is not on the list Without time-table
Code Completion Credits Range Language
17PBOEVO KZ 2 1P+1S Czech
Garant předmětu:
Department of Biomedical Technology

The subject presents basic economic terms, legal forms of entrepreneurship, founding budget, costs and their structure. Main contents of the subject are the problematics of accounting statements (P&L, balance sheet, cash flow). The subject also deals with competition analysis, financial analysis, product life-cycle, price strategy and the tax system.


Min. 50 points out of 100:

a) Max. 30 points - control test (mid-semester)

b) Max. 10 points - activities on seminars

c) Max. 60 points - (min 50% success rate)

Classification according to ECTS

Syllabus of lectures:

1.Main accounting statements

2.Competition analysis, types of profit

3.Production and its function, pricing policy

4.Interests, opportunity costs, provisions

5.Salaries, the tax system of the Czech Republic

6.Introduction to equities

7.Business financial analysis

Syllabus of tutorials:


2.Accounting statements structure

3.Costs classification, methods of cost calculation

4.Presentation, control test

5.Presentation, investment, basic effectivity criteria


7.Final test, business risks and uncertainties

Study Objective:

The objective of this subject is to present the basic economical concepts, entrepreneurship possibilities and pros and cons of different legal forms of entrepreneurship. Draw up founding budget. Introduce the problematics of costs, salaries, business environment analysis, market survey, competition analysis, product life cycle, pricing strategy. The students will be acquainted with business financial assessment and its link to the tax system.

Study materials:

Sherman Folland, Allen Goodman, Miron Stano: Economics of Health and Health Care, 5/E. Prentice Hall, 2007. 648 p.

Stephen A. Ross, Randolph W Westerfield, Bradford D Jordan: Corporate Finance Fundamentals ALT ISE. McGraw-Hill Higher Education; 8 edition (1 Oct 2007)

ARTHUR, Diane. Fundamentals of human resources management, fourth edition.( 4th ed). Saranac Lake, N.Y.: American Management Association, 2004, 256 p.

Neil Wheeler, Diana Grice: Management in Health Care. Nelson Thornes, 2000, 209 s.

Drucker, Peter: Management Challenges for the 21st century. New York, 1999

Kotler, Philip: Chaotics; the Business of Managing and Marketing in the Age of Turbulence. New York, 2009

Further information:
No time-table has been prepared for this course
The course is a part of the following study plans:
Data valid to 2024-06-16
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