Basics of Market Economy and Management

Study Course Description

Course Description Statuss:Approved

Course Description Version:6.00

Study Course Accepted:24.03.2023 15:05:42

Study Course Information
Course Code:		SVUEK_043		LQF level:		Level 7
Credit Points:		4.00		ECTS:		6.00
Branch of Science:		Economics; Economic Theories		Target Audience:		Nursing Science
Study Course Supervisor
Course Supervisor:		Anita Kokarēviča
Study Course Implementer
Structural Unit:		Department of Public Health and Epidemiology
The Head of Structural Unit:
Contacts:		Riga, 9 Kronvalda boulevard, svekrsu[pnkts]lv, +371 67338307
Study Course Planning
Full-Time - Semester No.1
Lectures (count)		12	Lecture Length (academic hours)		2	Total Contact Hours of Lectures		24
Classes (count)		12	Class Length (academic hours)		2	Total Contact Hours of Classes		24
Total Contact Hours								48
Study course description
Preliminary Knowledge:
Basics of Economics and Management, Sociology, Ethics and Communications science.
Objective:
To develop an understanding of the fundamentals of market economy and its basic problems, to explain nature of management theory and its practical application in managing an organisation.
Topic Layout (Full-Time)
No.	Topic			Type of Implementation		Number	Venue
1	Introduction: basic topics of economics – resources and needs			Lectures		1.00	auditorium
				Classes		1.00	auditorium
2	Functioning of a market enterprise, types of property. Demand. Supply. Price formation.			Lectures		2.00	auditorium
				Classes		2.00	auditorium
3	Fundamentals of macroeconomic, economic flows in the national economy. GDP, GNP, national income, the methods for calculating the nominal and real GDP. Macroeconomic balance and stability, inflation and unemployment			Lectures		2.00	auditorium
				Classes		3.00	auditorium
4	Evolution and development of management theory. Organisations and management. The internal and external environment of the organisation			Lectures		1.00	auditorium
5	Fiscal and monetary policy			Lectures		1.00	auditorium
				Classes		1.00	auditorium
6	Basic functions of management – planning, organising, motivating and controlling			Lectures		2.00	auditorium
				Classes		2.00	auditorium
7	The nature of human resource management. Management styles			Lectures		1.00	auditorium
				Classes		1.00	auditorium
8	Business ethics and social responsibility. Principles of social responsibility. Ethics and modern organisational management and culture			Lectures		2.00	auditorium
				Classes		2.00	auditorium
Assessment
Unaided Work:
Preparation and presentation of independent work, both written and oral, individual and group work, discussions.
Assessment Criteria:
Written exam: 50% Independent work and tasks: 50%
Final Examination (Full-Time):		Exam (Written)
Final Examination (Part-Time):
Learning Outcomes
Knowledge:		The students will be able to: • understand and explain the terms: market economy, national economics, management, fiscal and monetary policy; • describe the principles of a functioning market economy; • name and describe the basic functions of management; • describe management styles.
Skills:		• to summarise relevant information about processes of national economy; • to apply appropriate methods to calculate macroeconomic indicators; • to select and apply basic principles of human resources management and methods of motivating; • present one’s independent work on the topics covered in the study course.
Competencies:		• to apply the acquired knowledge of market economy and management issues in the labour market; • to analyse the internal and external environment; • to develop a conceptual model of management; • to determine and defend a choice of a management style; • to logically formulate and explain the principles of social responsibility in the management of a modern organisation; • to evaluate the effectiveness of management styles.
Bibliography
No.	Reference
Required Reading
1	Hofs, K.G., Alsiņa, R. 2019. Biznesa ekonomika. 3.izd. Rīga: RTU izdevniecība.
2	Bikse, V. 2020. Makroekonomika. Liepāja: LiePa.
3	Nešpors, V. 2015. Mikroekonomikas teorijas pamati. Rīga: RTU izdevniecība.
4	Praude, V. 2012. Menedžments 1.grāmata. Rīga: Burtene (akceptējams izdevums).
5	Praude V. 2012. Menedžments 2.grāmata. Rīga: Burtene (akceptējams izdevums).
6	Kasahara, E. 2015. Practical Management: How To Apply Strategic Thinking In Business. Singapore: World Scientific Publishing Co.
7	Ārvalstu studentiem/For international students:
8	Kasahara, E. 2015. Practical Management: How To Apply Strategic Thinking In Business. Singapore: World Scientific Publishing Co.
Additional Reading
1	Ščeulovs, D., Plēgmans, N. 2021. Atspēriena punkts veiksmīgai uzņēmējdarbībai : mācību līdzeklis (uzņēmēja rokasgrāmata). Rīga: RTU izdevniecība.
2	Zelmenis, D. 2019. Valsts loma tirgus ekonomikā. Rīga: Rīgas Stradiņa universitāte.
3	Forands, I. 2018. Menedžmenta mazā enciklopēdija. Rīga: Latvijas Izglītības fonds.
4	Drukers, P. F. 2014. Efektīvs vadītājs. Jelgava: Zoldnera izdevniecība.
5	Capon, N., Go, F. 2017. Frameworks for Market Strategy. New York: Routledge/Taylor & Francis Group.
6	Berman, P. K. 2014. Successful business process management : what you need to know to get results. New York : American Management Association.
7	Ārvalstu studentiem/For international students:
8	Capon, N., Go, F. 2017. Frameworks for Market Strategy. New York: Routledge/Taylor & Francis Group.
9	Berman, P. K. 2014. Successful business process management : what you need to know to get results. New York : American Management Association.
Other Information Sources
1	https://www.vid.gov.lv/
2	http://www.em.gov.lv