Project

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Project (Main course) BE5B99PRO
Credits 10
Semesters Winter
Completion Assessment
Language of teaching English
Extent of teaching 2P+2S+6D
Annotation
An individual student project. The student works on a topic of his or her interest under supervision of a faculty staff member. The topic selection is supposed to be consulted with the tutor. Aside the individual work and consultancies the project course is accompanied by lectures and practical seminars about economic aspects of projects, presentation skills and technical writing.
Course outlines
1. Introduction, Rules, Projects
2. Supply, Demand, Market equilibrium
3. Cost-Benefit principle, Consumer's situation, Marginal values
4. Average, Marginal and Total cost, Profit maximization
5. Decision making in economics, Opportunity cost
6. Impact of model assumptions on decisions of managers
7. Index numbers (Base value, Chain-type indexes), Compound annual growth rate
8. Money, Inflation, Deflation, GDP, Magic diamond
9. Communication and presentation techniques
10. Communication and presentation techniques cont.
11. Methods of data collection and data processing
12. Methods of data collection and data processing cont.
13. Comparative economic systems
Exercises outlines
1. -
2. Supply, Demand, Market equilibrium
3. Project 1 assignment
4. Consumer's situation
5. Costs, Profit maximization
6. Sunk cost, Opportunity cost, Irrelevant cost
7. Project 1 checkpoint & discussion, Project 2 assignment
8. Index numbers
9. Project 2 checkpoint & discussion
10. Presentation rehearsal
11. Presentation of Project 1 & peer assessment
12. Presentation of Project 2 & peer assessment
13. Final assessment

Literature
- Frank, R.,H., Bernanke, B.: Principles of Economics

- Drury, C.: Managerial Accounting
Requirements
Students will work on project in groups of 2-3 students.
Project assignments are based on topics proposed by Dept. of Economics.
Assessment will be granted for project presentation and its approval by the teacher(s) of the class.