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Basics of Economics and Business

Study Course Description

Course Description Statuss:Approved
Course Description Version:4.00
Study Course Accepted:14.07.2023 10:08:40
Study Course Information
Course Code:LF_675LQF level:Level 5
Credit Points:2.00ECTS:3.00
Branch of Science:Economics; Economic TheoriesTarget Audience:Medical Services
Study Course Supervisor
Course Supervisor:Uldis Drišļuks
Study Course Implementer
Structural Unit:RSU Liepāja Branch
The Head of Structural Unit:
Contacts:Liepaja, Riņķu Street 24/26, lfatrsu[pnkts]lv, +371 63442118, +371 63442119, +371 63484632
Study Course Planning
Full-Time - Semester No.1
Lectures (count)4Lecture Length (academic hours)2Total Contact Hours of Lectures8
Classes (count)4Class Length (academic hours)2Total Contact Hours of Classes8
Total Contact Hours16
Study course description
Preliminary Knowledge:
Communication, computer skills.
Objective:
To develop understanding, to provide theoretical, practically applicable knowledge about the types of business, to provide an understanding of the nature and forms of business, marketing activities and the basics of management, the principles of analysis and planning of company operations.
Topic Layout (Full-Time)
No.TopicType of ImplementationNumberVenue
1Basic concepts of economics and business.Lectures1.00auditorium
2Economic policy. Economic system of Latvia. The role of business in the development of the national economy. Nature and functions of business.Lectures1.00auditorium
3Business forms. Commercial law, legal aspects. Business registration.Lectures1.00auditorium
4Nature of management, decision-making, management functions, levels and styles. The influence of the internal and external environment on business.Lectures1.00auditorium
Classes1.00auditorium
5Content of a business plan, development thereof. Description of a product or service. Analysis of the market situation and competitors. Drawing up a marketing plan. Description of technical and human resources required.Classes1.00auditorium
6Content of a business plan, development thereof. To prepare and present a business plan.Classes2.00auditorium
Assessment
Unaided Work:
During the implementation of the study course, students independently and additionally, outside of lectures, study literature on relevant topics that are discussed in lectures and classes. After that, in the classes, students take a test to confirm the knowledge they have acquired. In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal.
Assessment Criteria:
Student participation in classes and adherence to methodology in independent work, ability to independently create various types of document samples – 50%. Exam – 50%.
Final Examination (Full-Time):Exam (Written)
Final Examination (Part-Time):
Learning Outcomes
Knowledge:After completing the study course, students will be able to explain basic concepts and terminology in economics. Will be able to understand the basic concepts and forms of business, define the principles of company establishment and registration procedure, explain the essence of company management, the content and necessity of business plans. To explain the importance of the market in the economy and distinguish between different types of markets, as well as the causes and socio-economic consequences of the cyclical development of the economy.
Skills:As a result of completing the study course, students will be able to orient in the basic indicators of economic development of Latvia, explain the role of entrepreneurship and accounting in a company. Will be able to discuss the Latvian tax and duty system and orient therein. To make decisions that affect the business, effective implementation thereof, as well as plan and analyse the company’s main financial flow indicators.
Competencies:After completing the study course, students will be able to use the basic knowledge of regulatory legal acts in Latvia, the legal force of the document, drawing up and using documents. To use marketing for the promotion of the company’s economic processes. To discuss the most effective management styles in successful business.
Bibliography
No.Reference
Required Reading
1Jakovļevs P. Ekonomikas uzdevumi un lietišķās spēles. R.: RaKa, 2004 (akceptējams izdevums)
2Ņešpors V. Ievads ekonomikā. R.: Multineo, 2008 (akceptējams izdevums)
3Kumerdanka A. Biznesa ekonomiskie pamati. 2007 (akceptējams izdevums)
4Forands I. Biznesa vadības tehnoloģijas. R.: Latvijas Izglītības fonds, 2009 (akceptējams izdevums)
Additional Reading
1Uzulāns J. Projektu vadīšana mūsdienu apstākļos. R.: Drukātava, 2007
Other Information Sources
1Bibliotēkā pieejamās zinātniskās datu bāzes
2http: // www. linc.lv
3http: // www. kis.gov.lv
4http: // www. km.gov.lv
5http: // www. vvk.lv