Study:	Administrative-Economic - 5. semester
Code:	123673
ECTS:	5.0
Course coordinators:	prof. dr. sc. Ivana Bajakić prof. dr. sc. Nenad Rančić
Lecturers:	prof. dr. sc. Ozren Pilipović - Lectures
Exam dates:	09. 07. 2024. 27. 08. 2024. 10. 09. 2024. Exam registration: Studomat

Literature:

Vranjican, S.,; Politička ekonomija; Pravni fakultet, Zagreb (2007), str. 39-72; 87-109; 187-324; 414-462 Mankiw, G.,; Osnove ekonomije; Mate (2006), str. 313-369

Description:

Subject and content of the business economics. Correlation between the business economics and other economic disciplines. Links to other social sciences (4h) Legal forms: small business (handicraft), joint stock companies, mixed-type companies (4h) Company management: the creation of assets - objective, management phases, management tasks, organisation, management techniques (4h) Information management: information sources, balance sheet, profit and loss account, places of assets creation, efficiency of assets creation, break-even analysis, management information systems (4h) Financial management: capital and property, financing and investments, liquidity, profitability, leasing, factoring, company value calculations (4h) Intellectual assets management: human resources, structural resources, consumer capital, assessment of intellectual assets, upgrading of intellectual assets (4h) Production: types of production, organisational forms, production processes, robotization (2h) Marketing: market research, market segmentation, products, product life cycle, production programme analysis, price strategies, distribution, promotion, advertising (4h)

Cognitive Skills:

KNOWLEDGE AND UNDERSTANDING

After successfully completing the course, students will be able to:

- define foundations of economy and business economics

- crtically evaluate and recognise business operation in social-economic-legal environment

- explain the economic role of business and modern theories of business and enterprise

ANALYSIS

After successfully completing the course, students will be able to:

- categorise criteria for selection of individual forms of business organisation and how they influence the business operation

understand operation of businesses in society and the relation between business and state

- formulate elements important for business operation

- understand the role of business and entrepreneurs and their responsibility in wider social context or so-called sociall responsible enterprise

EVALUATION

After successfully completing the course, students will be able to:

- evaluate the role of business in modern economy

- estimate the relation between the state and business and determine which economic-institutional environment is favourable for economic growth

- participate in the process of formation and operation of companies in Croatia

- determine advantages and disadvantages opf individual legal solutions that regulate the framework for business activity

Practical and Generic Skills:

After successfully mastering the course, students will be able to:

- publicly present learning outcomes;

- express themselves in a clear, adequately structured text explaining their standpoints;

- develop communication skills;

- participate in team work.

Matching Assessments to Learning Outcomes:

- Classes in Economic policy are conducted as a continuous and proactive learning process in which the emphasis is placed on interaction.

- In that manner a constant two-way communicatiuon is ensured, which stimulated students' engagement and permanent acquisition of learning outcomes.

- Apart from regular consultations with Chair members, student assistants are also available to students in all classes and seminars

- Modern audio-visual contents are used in class.

- Several times per semester guest lecturers are invited (renowned representatuves of academic, business, trade union community, or representatives of governmental and other institutions) in order to transfer current and practical knowledge to students and motivate their critical evaluation of events and active mastering- of learning materials.

Examination

Optional written examination and compulsory oral examination (depending on the number of students who take the course)

Written examination

Written examination consists of 5 questions in the form of essays

Final grade

Final grade is the result of written and roal examination (80%), and individual work of students through presentations, seminar papers and mastering additional literature (20%)

Consultations schedule:

• prof. dr. sc. Ivana Bajakić:

  Tuesday from 1.00 pm

  Location: Tkalčićeva 48-50
• prof. dr. sc. Nenad Rančić:

  Tuesday 1 PM

  Location: Tkalčićeva 48-50, room xx
• prof. dr. sc. Ozren Pilipović:

  Thursday  12- 1 30 PM

  Location: Tkalčićeva 48-50, room Tkalčićeva 48-50