Enterprise Economics
Description: Knowledge of the economy of the enterprise is the basis of the competence of specialists, their ability to determine the direction of the economic development of the enterprise. The activities of enterprises in a competitive market environment, the processes of developing and making effective decisions in conditions of limited resources are studied. Students acquire knowledge about fixed and working capital, human resources, wage systems, cost, financial performance and investment evaluation.
Amount of credits: 5
Course Workload:
| Types of classes | hours |
|---|---|
| Lectures | 15 |
| Practical works | 30 |
| Laboratory works | |
| SAWTG (Student Autonomous Work under Teacher Guidance) | 30 |
| SAW (Student autonomous work) | 75 |
| Form of final control | Exam |
| Final assessment method | Written exam |
Component: University component
Cycle: Base disciplines
Goal
- Obtaining applied knowledge in the field of economic management of an enterprise in a market economy, as well as the skills of independent use of theoretical knowledge in practical activities in order to increase production efficiency.
Objective
- Know the methods of identifying reserves, the best ways to solve economic problems in order to increase the efficiency of the enterprise; be able to apply a system of indicators and methods for calculating the efficiency of the production and economic activities of an enterprise, effectively use the resources of an enterprise, justify investments for the development of production.
Learning outcome: knowledge and understanding
- Know the production resources of the enterprise, the process of cost formation, the system of international indicators for evaluating investment investments in the development of production.
Learning outcome: applying knowledge and understanding
- To be able to rationally use the resources of the enterprise to improve the efficiency of its activities, as well as calculate the economic efficiency of investment investments.
Learning outcome: formation of judgments
- Have professional knowledge of the economic categories of the production activity of the enterprise.
Learning outcome: communicative abilities
- Use information about the economic activities of the enterprise for public relations, be competent in the management of means of production.
Learning outcome: learning skills or learning abilities
- Improve special education on a methodological and scientific basis, systematically raise the level of professional abilities.
Teaching methods
When conducting training sessions, the use of the following educational technologies is envisaged: - technologies of problem- and project-oriented learning; - technologies of educational and research activities; - communication technologies (discussions, press conferences, brainstorming, educational debates and other active methods and forms).
Assessment of the student's knowledge
Teacher oversees various tasks related to ongoing assessment and determines students' current performance twice during each academic period. Ratings 1 and 2 are formulated based on the outcomes of this ongoing assessment. The student's learning achievements are assessed using a 100-point scale, and the final grades P1 and P2 are calculated as the average of their ongoing performance evaluations. The teacher evaluates the student's work throughout the academic period in alignment with the assignment submission schedule for the discipline. The assessment system may incorporate a mix of written and oral, group and individual formats.
| Period | Type of task | Total |
|---|---|---|
| 1 rating | Oral survey. | 0-100 |
| Implementation of theoretical material when making an economic decision | ||
| Step-by-step implementation of an individual task | ||
| Control cut of the individual task | ||
| 2 rating | Oral survey. | 0-100 |
| Implementation of theoretical material when making an economic decision | ||
| Step-by-step implementation of an individual task | ||
| Protection of an individual task. | ||
| Total control | Exam | 0-100 |
The evaluating policy of learning outcomes by work type
| Type of task | 90-100 | 70-89 | 50-69 | 0-49 |
|---|---|---|---|---|
| Excellent | Good | Satisfactory | Unsatisfactory |
Evaluation form
The student's final grade in the course is calculated on a 100 point grading scale, it includes:
- 40% of the examination result;
- 60% of current control result.
The final grade is calculated by the formula:
| FG = 0,6 | MT1+MT2 | +0,4E |
| 2 |
Where Midterm 1, Midterm 2are digital equivalents of the grades of Midterm 1 and 2;
E is a digital equivalent of the exam grade.
Final alphabetical grade and its equivalent in points:
The letter grading system for students' academic achievements, corresponding to the numerical equivalent on a four-point scale:
| Alphabetical grade | Numerical value | Points (%) | Traditional grade |
|---|---|---|---|
| A | 4.0 | 95-100 | Excellent |
| A- | 3.67 | 90-94 | |
| B+ | 3.33 | 85-89 | Good |
| B | 3.0 | 80-84 | |
| B- | 2.67 | 75-79 | |
| C+ | 2.33 | 70-74 | |
| C | 2.0 | 65-69 | Satisfactory |
| C- | 1.67 | 60-64 | |
| D+ | 1.33 | 55-59 | |
| D | 1.0 | 50-54 | |
| FX | 0.5 | 25-49 | Unsatisfactory |
| F | 0 | 0-24 |
Topics of practical classes
- An enterprise as an object of management, the main link in the economic system
- Fixed capital of the enterprise
- Methods for assessing fixed assets (fixed capital) of an enterprise in the Republic of Kazakhstan
- Working capital of the enterprise
- The main directions for improving the use of working capital (working capital) of the enterprise
- Labor resources of the enterprise
- Labor productivity: essence, role in the development of the enterprise, methods of its measurement
- Remuneration at the enterprise
- Investment and innovation activities of the enterprise: investment activity and attractiveness of the enterprise - evaluation methodology; innovative activity of the enterprise - the essence, tasks and management of innovations
- Costs of production and sales
- Kazakhstan practice of forming the costs of enterprises for the production and sale of products
- Planning of production activities of the enterprise
- Competitiveness of products and enterprises
- Financial results of the enterprise
- Economic efficiency of the enterprise
Key reading
- Kuatova D.Ya. Enterprise Economics: Textbook. - Almaty: Economy, 2018.
- Kuatova D.Ya. Economics of the enterprise: a practical course: Textbook. - Almaty: LLP RPIK "Dauir", 2017.
- Okaev K.O., Dyukova E.L. Economics of an industrial enterprise in market conditions. - Almaty: Economy, 2018.
- Seitkazieva A.M., Beknazarova A.T. Enterprise Economics and Entrepreneurship: Textbook / Almaty: Turan University, 2018.
- Seitkazieva A.M. and others. Investment activity of the enterprise: Textbook / A.M. Seitkaziev, A.B. Baikadamova, Zh.I. Sariev. - Almaty: Economy, 2018
- Prykina L.V. Enterprise economy. - M.: UNITY-DANA, 2019.
- Gruzinov V.P. Enterprise Economics: A Textbook for High Schools. - M.: UNITI, 2018.
- Chaldaeva L.A. Enterprise Economics: textbook / L.A. Chaldaev. Moscow: Yurayt, 2018.
- Adamov V.E. Economics and statistics of firms. - M.: Finance and statistics, 2019.
- Gribov V.D., Gruzinov V.P. Enterprise Economics: Textbook. – M.: Finance and statistics, 2018.
- Sergeev I.V. Enterprise Economics: Textbook. - M. Finance and statistics, 2018.
- Enterprise Economics: Textbook / Ed. O.I. Volkova - M.: INFRA, 2018.
- Enterprise Economics: Textbook for High Schools / Ed. V.Ya. Gorfinkel, V.A. Shvandar. - M.: UNITY-DANA, 2017.
- Enterprise Economics: Textbook / Ed. A.E. Karlika, M.L. Schuchhalter. - M.: INFRA-M, 2017.
Further reading
- Civil Code of the Republic of Kazakhstan (general part).
- Labor Code of the Republic of Kazakhstan.
- Code of the Republic of Kazakhstan "On taxes and other obligatory payments to the budget (Tax Code)".
- Granaturov V.M. Economic risk: essence, methods of change, ways to reduce: Textbook. – M.: Business and service, 2017.
- Gruzinov V.P. Economics of enterprise and entrepreneurship. – M.: SOFIT, 2017.
- Keiler V.A. Economics of the enterprise: a course of lectures. Moscow: INFRA-M; Novosibirsk: NGAEiU, 2018.
- Kovalev V.V. Collection of tasks on financial analysis. - M.: Finance and statistics, 2017.
- Kovalev V.V. Financial analysis: Money management. Choice of investments. Reporting analysis. - M.: Finance and statistics, 2017
- Raitsky K.A. Enterprise Economics: A Textbook for High Schools. – M.: Inform. Implementation center "Marketing", 2018.
- Raizberg B.A., Fatkhutdinov R.A. Economic Management: Textbook. M.: Business School "Intel-sintez", 2018.
- Trenev N.N. Enterprise and its structure: Diagnostics. Control. Improvement: Textbook for universities. M.: PRIOR, 2018.
