1616 Economics of Public Enterprises and Non-profit Organisations
Content
- Definition and techniques of business economics.
- Definition of public (and private) enterprise and non-profit organisation
- Business economics in the public and non-profit sector.
- Ownership and corporate governance in public and non-profit organisations
- Business statements.
- Production, business activities and theory of the firm.
- Costs and calculations.
- Pricing policy and regulatory framework.
- Corporate finance.
- Economics of investments.
- Strategic decisions in public and non-profit organisations
- Social policy related to 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 performance 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
- ability to generalise theory and practice of public enterprise and non-profit organisation functioning and ability to critically judge organizational and managerial issues,
- ability to understand and recognize of the microeconomic functions of the company, either public, profit or non-profit,
- ability to interpret contemporary issues in business economics,
- ability to apply microeconomic tools for corporate planning, organising and financing,
- ability to place in context advancements in business studies related to public and non-profit organisation operation,
- ability to identify, analyse and solve managerial problems related to functioning of public enterprises and nonprofit organisations.