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Lecturer(s)
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Pelantová Věra, Ing. Ph.D.
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Zajíček Jaroslav, Ing. Ph.D.
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Mokrá Julie, Ing. Ph.D.
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Course content
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Lectures 1. Introduction to the main issues, definition of risks studied within the engineering. 2. Economic terms and their meaning for technical solutions - the consumption of resources, cost and their specification. 3. Economy and entrepreneurship in technical fields - the outcomes, profit, financing of businesses. 4. Economy and entrepreneurship in technical fields - investments and their assessment. 5. Management of technical and economic risks. 6. Life Cycle Assessment of technical systems and facilities. 7. Technology and the environmental risks. 8. Environmental economics and technological efficiency. 9. Technology and human health risks. 10. Health economics and technology assessment. 11. Insurance and risk sharing. 12. Legislature and its impact on technological and economic effectiveness. 13. Certification and patents within the engineering. 14. Management and decision making tools. Cvičení During the seminars, practical problems addressing the corresponding theoretical lectures are solved. 1. Calculation of costs, cost typology of technological processes and facilities. 2. Profit and loss, revenues, sales and market share as an outcome of an enterprise within the field of IT and logistics. 3. Time as an factor of economic part of technical projects - discounting, and interest rate. 4. Cash flow and financial health. 5. Investment assessment. 6. Case studies on Life Cycle Assessment. 7. Risk quantification - risk matrix. 8. Quantification of environmental damages. 9. Quantification of changes in state of human health. 10. Occupational safety and health. 12. Typology of insurances and securities. 13. Safety and harmlessness as a subject of Certification of technical solutions. 14. Management and decision making under risk and uncertainty.
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Learning activities and teaching methods
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Monological explanation (lecture, presentation,briefing)
- Home preparation for classes
- 46 hours per semester
- Class attendance
- 40 hours per semester
- Preparation for exam
- 34 hours per semester
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Learning outcomes
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The course links the knowledge of technical and economical approaches in order to optimize technological processes and facilities. The focus is on understanding of economic dimension of technical solutions where the risks of inner (1.-6. lecture) and external (7.-13. lecture) environment are subject of further management. The course introduces the overview of economic methods and approaches, as it is required by present good practice of management of technical and economic effectiveness.
Students will acquire principles of economic valuation and assessment of technological processes and facilities by stepwise introduction of key economic concepts. Furthermore, students will become familiar with methods and approaches of economic interpretation of risks from external environment.
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Prerequisites
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Unspecified.
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Assessment methods and criteria
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Combined examination
The basic condition for the course completion is an active participation on practical seminars and successful defense of seminar work. The final exam is in a form of written test and thematic discussion.
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Recommended literature
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BLAŽEK, L.:. Management.. Praha: Grada, 2011. ISBN 978-80-247-3275-6.
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FOTR, J. a SOUČEK, I.:. Investiční rozhodování a řízení projektů.. Praha: Grada Publishing, 2010. ISBN 9788024732930.
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HNILICA, J. a FOTR, J.:. Aplikovaná analýza rizika.. Praha: Grada, 2009. ISBN 978-80-247-2560-4.
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HRŮZOVÁ, H.:. Manažerské rozhodování.. Praha: Vysoká škola ekonomie a managementu, 2011. ISBN 978-80-86730-74-5.
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P. RICCI, P.:. Environmental and Health Risk Assessment and Management: Principles and Practices.. Springer, 2006. ISBN 978-14-020-3775-7.
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