Course: Fundamentals of analysis for engineers

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Course title Fundamentals of analysis for engineers
Course code KPV/ZAT
Organizational form of instruction Lecture + Tutorial
Level of course Master
Year of study 2
Semester Summer
Number of ECTS credits 6
Language of instruction Czech
Status of course Compulsory-optional
Form of instruction Face-to-face
Work placements This is not an internship
Recommended optional programme components None
Lecturer(s)
  • Hintermüller František, Ing. Ph.D.
Course content
Application of the basic knowledge from the economic analysis with a focus on the manufacturing enterprise. In seminars specific calculations are performed in relation to the different areas presented. 1. Introduction to econometrics; Production capacity - the effect of sub-indicators on the change in production capacity 2. Economic statistics; Analysis of production volume as a time series 3. General methods of economic analysis; Regression and correlation analysis of production data 4. Economic-statistical indicator calculations; Measurement of costs, production volume and efficiency of a manufacturing enterprise 5. Cost analysis, standard cost method and demonstration of its practical application on production data 6. Financial analysis and demonstration of its practical application to a manufacturing enterprise 7. Econometric analysis of the main parts of the production process 8. Elasticity of economic functions; Elasticity of productivity of production factors 9. Cost models and dynamic costing and their application to the production environment 10. Econometric models and their application to the production environment

Learning activities and teaching methods
Interactive lecture, Lecture with practical applications
  • Preparation for an examination (30-60) - 45 hours per semester
  • Graduate study programme term essay (40-50) - 40 hours per semester
  • Contact hours - 50 hours per semester
  • Preparation for comprehensive test (10-40) - 20 hours per semester
  • Presentation preparation (report) (1-10) - 5 hours per semester
prerequisite
Knowledge
define basic economic variables such as costs, revenues and profit
to know mathematical methods for interleaving discrete points within a curve
describe and explain relations among individual production factors
Skills
apply the least squares method
use cost calculations in specific cases
calculate the consumption of production factors for a specific production task
Competences
N/A
N/A
N/A
- make decisions independently and responsibly on the basis of a framework assignment in a context that is only partially known, - communicate clearly and persuasively to experts and laypeople the nature of professional problems and their own views on their solution, - independently acquire further professional knowledge, skills and competences based primarily on practical experience and its evaluation, but also by independent study of theoretical knowledge in the field,
learning outcomes
Knowledge
explain different types of economic indicators
clarify the principle of pyramidal decomposition of indicators
explain simple econometric models
Skills
analyze the revenues, costs and profit of the company using economic-statistical methods
analyze production
propose precautions to eliminate production shortcomings based on the analysis of production
Competences
N/A
N/A
- communicate their own professional opinions to experts and the wider public in a clear and convincing manner, - make independent and responsible decisions in new or changing contexts or in a fundamentally evolving environment, taking into account the wider societal implications of their decisions,
teaching methods
Knowledge
Interactive lecture
Self-study of literature
Multimedia supported teaching
Skills
Practicum
Individual study
Multimedia supported teaching
Task-based study method
Competences
Interactive lecture
Multimedia supported teaching
assessment methods
Knowledge
Combined exam
Seminar work
Individual presentation at a seminar
Skills
Skills demonstration during practicum
Seminar work
Competences
Combined exam
Recommended literature
  • Hančlová, Jana. Ekonometrické modelování : klasické přístupy s aplikacemi. 1. vyd. Praha : Professional Publishing, 2012. ISBN 978-80-7431-088-1.
  • Jurová, Marie. Výrobní a logistické procesy v podnikání. První vydání. Praha: Grada, 2016. ISBN 978-80-247-5717-9.
  • Scholleová, Hana. Ekonomické a finanční řízení pro neekonomy. 3., aktualizované vydání. 2017. ISBN 978-80-271-0413-0.
  • Synek, Miloslav; Kopkáně, Heřman; Kubálková, Markéta. Manažerské výpočty a ekonomická analýza. Vyd. 1. V Praze : C.H. Beck, 2009. ISBN 978-80-7400-154-3.
  • Tomek, Gustav; Vávrová, Věra. Integrované řízení výroby : od operativního řízení výroby k dodavatelskému řetězci. 1. vyd. Praha : Grada, 2014. ISBN 978-80-247-4486-5.
  • Vochozka, Marek. Metody komplexního hodnocení podniku. Praha: Grada, 2020. ISBN 978-80-271-1701-7.


Study plans that include the course
Faculty Study plan (Version) Category of Branch/Specialization Recommended year of study Recommended semester