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Academy of Technical and Art Applied Studies

School of Electrical and Computer Engineering

Business Economics Course code: 172007 | 6 ECTS credits

Basic information
Level of Studies: Undergraduate applied studies
Year of Study: 3
Semester: 6
Requirements: None.
Goal: Acquiring basic knowledge from business economics, applicable in practice.
Outcome: Training students to successfully manage an enterprise based on positive law and macroeconomic legitimacy.
Contents of the course
Theoretical instruction:
  1. The concept and importance of business economics. Basic Economic Principles;
  2. The notion and important features of companies: economic organizations and market economy. Basic features of the company;
  3. Inocasino and partner enterprise: characteristics;
  4. Limited Partnership;
  5. Joint stock company in the market economy system. The establishment process; control package of actions. Classification. Management of society;
  6. Business Companies in the Economy of the Republic of Serbia: Procedure for the Establishment and Classification of Business Companies;
  7. Entrepreneur. Dairy Company Limited Partnership;
  8. Limited Liability Company Joint-stock company;
  9. Company funds: Fixed assets;
  10. Value of fixed assets. Fixed assets capacity. Depreciation of fixed assets. Current assets;
  11. Sources of working capital. Circular movement of working assets. The volume of required working capital;
  12. Costs - concept and classification: expenditures and costs. Cost distribution by location; division according to the change in production volume;
  13. Business results of the company;
  14. Physical scope of production. Total income. Profit;
  15. Measurement of realized business results.
Practical instruction (Problem solving sessions/Lab work/Practical training):
  1. The exercises are discussed on concrete examples from the practice on matter covered by the lecture program.
Textbooks and References
  1. P. Staletić, Ekonomika biznisa,Visoka škola elektrotehnike i računarstva, Beograd, 2014.
  2. Bojan Ilić, Vesna Milićević, Ekonomika poslovanja, FON, Beograd, 2008.
Number of active classes (weekly)
Lectures: 3
Practical classes: 2
Other types of classes: 0
Grading (maximum number of points: 100)
Pre-exam obligations
activities during lectures
activities on practial excersises
seminary work
Final exam
Written exam
Oral exam
Course presentation (0)
Lectures (13) Practical classes (0)
Downloads (0)
Colloquiums and preliminary results (0)