Business-Economics

Major: Electrical Energetics, Electrical Engineering and Electromechanics
Code of subject: 6.000.00.M.025G
Credits: 3.00
Department: Theoretical and Applied Economics
Lecturer: Ph.D, Assoc. Prof. Danylovych-Kropvnytska M. L.
Semester: 1 семестр
Mode of study: денна
Мета вивчення дисципліни: The purpose of studying the discipline "Business Economics" is to provide future specialists with thorough economic knowledge, to form the logic of economic thinking and economic culture, to teach them the basic methods of cognition and analysis of business processes, the ability to make informed decisions about entrepreneurial activity.
Завдання: PLO1: Ability to acquire appropriate skills of rational economic behavior based on the conceptual foundations of market economy; PLO2: Ability to understand the features of the functioning of modern business structures and the formation of prices for labor, capital, natural resources in accordance with the type of market structure; PH3: Ability to analyze the internal and external environment of the enterprise, taking into account the macroeconomic situation in the country;
Learning outcomes: As a result of studying the module, the student must know and be able to: - to freely orient in the laws of development of social production; - formulate a business idea, represent the mechanism of its generation in the formation of the business model of the firm; - to monitor the behavior of economic agents in market conditions; - analyze the competitive environment of the enterprise; - to forecast the influence of macroeconomic indicators on entrepreneurial activity; - to determine the peculiarities of state regulation of entrepreneurship in Ukraine.
Required prior and related subjects: History of Ukraine Macroeconomics Philosophy Microeconomics
Summary of the subject: The concept of economy and business. Entrepreneurship as a subject of the economic system. Business idea and the mechanism of its generation. Formation of the business model of the firm. Business Planning in Entrepreneurship. Indicators of business efficiency. The essence of supply and demand in the context of the effectiveness of the implementation of business ideas. Analysis of consumer behavior as a pledge of financial stability of the firm. Expenses and revenues in entrepreneurial activity. Content and functions of entrepreneurial risk. Ways and methods of risk reduction in business activities. Business perspective analysis ("cost-volume-profit"). Competitive environment of the enterprise activity. Types of markets: monopoly and its species; monopolistic competition, oligopoly. Process of organization of management and its components. General characteristics of culture and ethics of business activities. Macroeconomic indicators and their impact on entrepreneurial activity. Prerequisites and mechanisms of state regulation of entrepreneurship.
Опис: THEME 1. MODERN MARKET ECONOMY. THEME 2. ENTREPRENEURSHIP AND BUSINESS IDEA. THEME 3. DEMAND, SUPPLY, MARKET EQUILIBRIUM. THEME 4. EXPENSES AND INCOME IN ENTREPRENEURIAL ACTIVITY. THEME 5. COMPETITIVE ENVIRONMENT OF THE ENTERPRISE. THEME 6. THE PROCESS OF ORGANIZING ENTERPRISE MANAGEMENT AND ITS COMPONENTS. THEME 7. MACROECONOMIC INDICATORS AND THEIR IMPACT ON BUSINESS ACTIVITY. THEME 8. INFLUENCE OF THE STATE ON ENTREPRENEURSHIP IN UKRAINE.
Assessment methods and criteria: The main methods of assessment of students are oral questioning in practical classes, written independent work in the form of tests and one final control work, writing and oral presentation with an individual scientific task, working out practical situations and cases, active participation in mini-trainings in practical classes and final control in the form of a test.
Критерії оцінювання результатів навчання: Current control (PC) Oral questioning, written tests, independent work 25 Control work 25 Individual scientific task 50 Total for the discipline = 100
Порядок та критерії виставляння балів та оцінок: Current control (PC) Oral questioning, written tests, independent work 25 Control work 25 Individual scientific task 50 Total for the discipline = 100
Recommended books: 1. Vatamanyuk O. Z. Business Economics: Textbook / O. Z. Vatamanyuk. - Lviv, LNU named after Ivan Franko, 2018. - 324 p. 2. Dmitriev I.A. Economics and Business: Textbook / I. A. Dmitriev, J. S. Levchenko, I. Yu. Shevchenko. - Kh.: FOP "Brovin OV", 2018. - 316 p. 3. Business economics: textbook. manual / M.L. Danylovch-Kropyvnytska, I.A. Каntsir. - Lviv, Lviv Polytechnic Publishing House, 2021. - 248 p.
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