Enterprise Economics (by industry)
Description: Knowledge of the enterprise economy (by industry) is the basis of the competence of specialists, their ability to determine the directions of the economic development of the enterprise. The activities of enterprises in a competitive market environment, the processes of development and adoption of effective decisions in conditions of limited resources are studied. Students acquire knowledge of fixed and current assets, human resources, remuneration systems, cost price, financial indicators and investment assessment.
Amount of credits: 6
Пререквизиты:
- Mathematics 2
Course Workload:
| Types of classes | hours |
|---|---|
| Lectures | 30 |
| Practical works | 30 |
| Laboratory works | |
| SAWTG (Student Autonomous Work under Teacher Guidance) | 30 |
| SAW (Student autonomous work) | 90 |
| 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 skills in the independent use of theoretical knowledge in practical activities in order to improve production efficiency.
Objective
- Know the methods of identifying reserves, optimal ways of solving business problems in order to improve the efficiency of the enterprise in the relevant industry; be able to apply a system of indicators and methods for calculating the efficiency of the production and business activities of the enterprise, effectively use the resources of the enterprise, justify investment in 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 assessing investment in production development.
Learning outcome: applying knowledge and understanding
- To be able to rationally use the enterprise's resources to improve the efficiency of its activities, as well as to calculate the economic efficiency of investment.
Learning outcome: formation of judgments
- Have professional knowledge of economic categories of production activities of the enterprise.
Learning outcome: communicative abilities
- Use information about the economic activity of the enterprise for public relations, be competent in the management of the means of production.
Learning outcome: learning skills or learning abilities
- To improve specialized education on a methodological and scientific basis, and to systematically increase the level of professional abilities.
Teaching methods
The following educational technologies are used during training sessions: - problem-based and project-oriented learning technologies; - technologies of educational 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 questioning | 0-100 |
| On-line course. Implementation of theoretical material in making an economic decision | ||
| Problem solving | ||
| Test | ||
| 2 rating | Oral questioning | 0-100 |
| Implementation of theoretical material when making an economic decision | ||
| Problem solving | ||
| Test | ||
| 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 | |
| The written exam consists of 3 questions: 2 theoretical questions (60 min) and one practical task (40 min). The exam duration is 1 hour 40 min. The exam material consists of 60% theoretical material 40% practical material The student has passed the module if the final grade is higher than 50%. | The theoretical content of the course has been fully mastered, the necessary practical skills for working with the mastered material have been formed without gaps, all the educational tasks provided for by the training program have been completed, the quality of their completion has been assessed with a number of points close to the maximum. | The theoretical content of the course has been mastered completely, without gaps, some practical skills in working with the mastered material have not been sufficiently developed, all educational tasks provided for by the training program have been completed, the quality of completion of none of them has been assessed with the minimum number of points, some types of tasks have been completed with errors. | The theoretical content of the course has been partially mastered, but the gaps are not significant, the necessary practical skills for working with the mastered material have been basically formed, most of the educational tasks provided for by the training program have been completed, some of the completed tasks may contain errors | The theoretical content of the course has been fully mastered, the necessary practical skills for working with the mastered material have been formed without gaps, all the educational tasks provided for by the training program have been completed, the quality of their completion has been assessed with a number of points close to the maximum. |
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 lectures
- Enterprise as an object of economic management, the main link of the economic system
- The main 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 (current assets) of the enterprise
- Labor resources of the enterprise
- Labor productivity: essence, role in enterprise development, methods of its measurement
- Remuneration of labor at the enterprise
- Investment activity of the enterprise: investment activity and attractiveness of the enterprise - assessment methodology
- Innovative activity of the enterprise: innovative activity of the enterprise - essence, tasks and management of innovations
- Costs of production and sales of products
- Kazakhstani practice of forming enterprise costs for production and sales of products
- Planning of production activities of the enterprise
- Competitiveness of products and enterprises
- Financial results of enterprise activity
Key reading
- Kuatova D.Ya. Enterprise Economics: Textbook. - Almaty: Economica, 2018.
- Kuatova D.Ya. Enterprise Economics: Practical Course: Study Guide. - Almaty: TOO RPIK "Dauir", 2017.
- Okayev K.O., Dyukova E.L. Economy of an industrial enterprise in a market economy. - Almaty: Economy, 2018.
- Seitkazieva A.M., Beknazarova A.T. Economics of the enterprise and entrepreneurship: Textbook / Almaty: Turan University, 2018.
- Seitkazieva A.M. et al. Investment activities of the enterprise: Textbook / A.M. Seitkazieva, A.B. Baikadamova, Zh.I. Sarieva. - Almaty: Economy, 2018.
- Prykina L.V. Enterprise Economics. - M.: UNITY-DANA, 2019.
- Gruzinov V.P. Enterprise Economics: Textbook for Universities. - M.: UNITY, 2018.
- Chaldaeva L.A. Enterprise economics: textbook / L.A. Chaldaeva. M.: 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.
- Economics of the enterprise: Textbook / Edited by O.I. Volkov - M.: INFRA, 2018.
- Economics of the enterprise: Textbook for universities / Edited by V.Ya. Gorfinkel, V.A. Shvandar. - M.: UNITY-DANA, 2017.
- Enterprise Economics: Textbook / Edited by A.E. Karlik, M.L. Shukhgalter. - 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 mandatory payments to the budget (Tax Code)".
- Granaturov V.M. Economic risk: essence, methods of change, ways of reduction: Textbook. – M.: Business and service, 2017.
- Keiler V.A. Economics of the enterprise: a course of lectures. Moscow: INFRA-M; Novosibirsk: NGAEiU, 2018.
- Kovalev V.V. Collection of problems on financial analysis. - M.: Finance and Statistics, 2017.
- Kovalev V.V. Financial analysis: Capital management. Investment selection. Reporting analysis. - M.: Finance and statistics, 2017.
- Raitsky K.A. Economics of the enterprise: Textbook for universities. - M .: Inform. Implementation center "Marketing", 2018.
- Raizberg B.A., Fatkhutdinov R.A. Economic Management: Textbook. Moscow: Business School "Intel-Synthesis", 2018.
- Trenev N.N. Enterprise and its structure: Diagnostics. Management. Recovery: Textbook for universities. Moscow: PRIOR, 2018.
