14MTET4 - Business Economics And Management

Course specification
Course titleBusiness Economics And Management
Study programme
Lecturer (for classes)
Lecturer/Associate (for practice)
Lecturer/Associate (for OTC)
    ConditionIngeeniring EconomicsОблик условљености
    The goalTo develop and to complete students competitions in economic and management knowledge. It is necessary for successful professional work and for successful making business decisions. Adoption to market principles and parameters of functioning of the modern economic practice and economic development. The recognition and use of understanding of business economic laws and global technological and economic changes should enable students to make correct decisions to place technological changes, engineering projects, innovations and technical solutions in order to meet a criterion of economic efficiency, such as productivity and profitability.
    The outcomeAutonomous and competent knowledge about the business process and management in market economy. Raising business efficiency to a higher level. Competent making of managerial decisions by the engineers on managing positions. To be competent for calculations of costs, prices and business indicators.
    Contents of lecturesBusiness economics: Business economics as scientific discipline; Economic system of Enterprise; Elements of input and output in the process of reproduction; Resources in enterprise and human resources; Cost process and its classification; Methodology of cost calculation; Commitment of resources in the production; The forms and metamorphoses of value in reproduction process; Phases of production cycle; Quantitative relation between resources commitment and expense; Results of production and business economic principles; Management: Definition; Management as skill; Management as organizational structure; Genesis and development of management; Managing strategic development of enterprise; Managing of technology transfer; Main functions of management- Planning; Organization; Staffing; Motivation; Communication; Controlling.
    Contents of exercisesIndicators of cost trends; Methods of costs calculation; Calculation of economic efficiency, productivity, economy, profitability; Methods of costs calculation; Calculation of economic efficiency, productivity, economy, profitability;
    1. Stavric, B., Kokeza, G., Upravljanje poslovnim sistemom, TMF, Beograd, 2019.
    2. Paunovic, B., Ekonomika preduyec, Ekonomski fakultet, Beograd, 2012.
    3. Charles, M., Thomas, R., Menagerial Economics, Mc Graw-Hill, New York, 2002.
    4. Robbins, S., Coulter, M., Management, Pearson Education, New Yersey, 2005.
    Number of hours per week during the semester/trimester/year
    LecturesExercisesOTCStudy and ResearchOther classes
    Methods of teachingInteractive lectures with presentation, workshops, discussion of empiric cases, numeral exercises;
    Knowledge score (maximum points 100)
    Pre obligationsPointsFinal examPoints
    Activites during lectures10Test paper
    Practical lessonsOral examination70