Aspects of Economics and Business Administration 1.S3.EPC.EB.1
Course objectives:
- to acquire the ability to identify specific business phenomena, communicative practices and conditioning factors
- to develop ithe ability to analyze communication in professional business environments in the information society.
- to introduce the terms and concepts of economics, that will allow students to understand and critically analyze the functioning of business professional contexts as the contexts in which communication fulfills an essential role.
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Course content
1. Outline of development of economic thought.
2. Economics as a discipline of knowledge.
3. Theory and practice of microeconomics. The market. Supply, demand, price.
4. Theory and practice of macroeconomics.
5. Employment and unemployment.
6. The labour market in the macroeconomic context.
7. Inflation as a macroeconomic problem.
8. International economic relations.
9. Business cycles in the market economy. Producer theory.
10. Consumer theory. Welfare economics. Market failures
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Methods of instruction/ forms of classroom activity:
Lecture with a multimedia presentation
Discussion (pair-work, group-work),
Simulation games: role play, interview
Review of literature read out of class
Collaborative learning,
Case studies,
Effective questioning,
“minute papers” and reflection papers
ICT tools/e-learning option if needed - MSTeams
Field of study
Student workload
Study level
Education profile
Type of course
obligatory courses
elective courses
The semester in which the subject is carried out
Mode
Requirements
Course coordinators
Learning outcomes
Learning outcomes acc to PRK 2019
Knowledge
Students:
1. have the basic knowledge of business communication genres (m-W-1/P6S_WK)
2. have the basic knowledge of economics and business administration (m-W-2/P6S_WG)
Skills
Students are able to:
3. search for, analyze, select and use information utilizing various sources and methods (m-U-1/P6S_UO)
4. use the English language in writing and speaking with relative fluency, accuracy and communication efficiency in a wide range of business topics (m-U-2/P6S_UK)
Social competences
Students:
5. can specify the priorities for the implementation of their goals and tasks designated by others in business contexts; are able to discern and handle ethical problems and conflicts of interests in the contexts of professional life (m-K-1/P6S_KR)
6. shape their own views on the basis of the gained general and detailed knowledge in business contexts (m-K-2/P6S_KK)
Assessment criteria
Forms of evaluation of learning outcomes:
1. A written assignment/test - 25% of the final grade (outcome 1,2)
2. A report - 50% of the final grade (outcome 3,4,5,6)
3. Active class participation - 25% of the final grade (outcome 2,5,6)
Pass at 60% of the final grade
Bibliography
Reading list:
A. obligatory reading (to get a credit):
A.1. used in class
Begg, D., Fischer, S., and Dornbusch, R. (2008). Economics (8th ed.). Maidenhead: McGraw-Hill.
Maunder, P., Myers, D., and Wall, N. (2000). Economics Explained (3rd ed). New York: HarperCollins.
Platje, J. (2006). A short introduction to micro- and macroeconomics. Opole: Opole University Press
A.2. used for self-study
Anderton, A. (2004). Economics (3rd ed.). Ormskirk: Causeway Press
B. supplementary reading
Bannock, G., Baxter, R.E., Davis, E. (2003). Dictionary of Economics. London: Penguin.
Cowell, F (2006). Microeconomics: Principles and Analysis. Oxford: Oxford University Press.
Nuttall, Ch. J., and Lobley, D. (2001) Success in Economics. London: John Murray.
Stiglitz, J., and Driffill, J. (2000). Economics. London: Norton.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: