Economic and Basics of Business

About Study Course

Department: Institute of Public Health

ECTS:3

Course supervisor:Anita Kokarēviča

Study type:Part-Time, Full time

Course level:All levels

Target audience:Medical Services; Rehabilitation

Language:Latvian

Study course description Full description, Part-Time, Full time

Branch of science:Economics and Business

Objective

To develop an understanding about the main areas, which are within the scope of economics at micro and macro levels as well as to promote the knowledge about the role of entrepreneurship in economics, forms of entrepreneurship, legal aspects, work organization and financial planning.

Prerequisites

Secondary school level knowledge in economics, basic grounding in mathematics and statistics.

Learning outcomes

Knowledge

1.The students will be able to:
- elucidate the basic problem of economics and entrepreneurship, estimate the role of state in economics;
- define the main economic goals and problems;
- name the main legislation governing business and employment relationships;
- name and elucidate the main functions of management;
- describe leadership styles.
- name the factors of inner and outer environment.

Skills

1.The students will be able to:
- distinguish the common and distinctive features of micro and macro economics;
- evaluate the strengths and weaknesses of various economic systems;
- compare the economic indicators of Latvia and other countries;
- estimate the role of state in economics;
- discuss the influence of globalization on the national economies;
- to analyse the business environment;
- establish an organizational structure according to the type of business;
- to estimate the efficiency of a leadership style.

Competence

1.The students will be able to:
- analyze the economic situation in Latvia;
- carry out SWOT and PEST analysis;
- to develop a business plan;
- analyze the financial indicators of a business;
- evaluate the risks in business and make appropriate decissions.

Study course planning

Planning period:Year 2025, Autumn semester

Study programme	Study semester	Program level	Study course category	Lecturers	Schedule
Sports science	1	All levels	Required

Planning period:Year 2026, Spring semester

Study programme	Study semester	Program level	Study course category
Sports science	2	All levels	Required
Sports and education specialist (sports coach)	2	All levels	Required
Health care sports specialist	2	All levels	Required