791 Managerial Economics in Public and Non-Profit Organisations
Content
- Definition and techniques of managerial economics
- Definition of public enterprise and non-profit organisation
- Business and managerial economics in the public and non-profit sector
- Production, costs and theory of the firm
- Demand, costs and pricing policy
- Basic issues in corporate finances
- Ownership and corporate governance in public and non-profit organisations
- Market structures in practice
- Public-private partnerships and public utilities
- Social policy related to public and non-profit organisations – strategic framework
- Risks, performance measurement, and commercialisation of non-profit activities
- Investments in public and non-profit organisations
Objectives and competences
Student:
- distinguishes the differences in the functioning of private, public, for-profit and not-for-profit organisations,
- relates historical, legal, political, and socio-economic factors, which affect the operation of public enterprises and non-profit organisations,
- uses the knowledge in order to analyse peformance of public enterprise and non-profit organisation,
- solves case study on business problems associated with particular organisation,
- constructs the fundamentals of business economics and planning in organisations.
Competences:
- to generalise theory and practice of public enterprise and non-profit organisation functioning.
- to understanding and recognition of the microeconomic functions of the company, either public, profit or non-profit,
- to interpret contemporary issues in business and managerial economics,
- to apply microeconomic tools for corporate planning, organising and financing,
- to place in context advancements in business studies related to public and non-profit organisation operation,
- to solve problems related to functioning of public enterprises and non_profit organisations.