BUSINESS ECONOMICS
| Title | ΟΙΚΟΝΟΜΙΚΗ ΤΩΝ ΕΠΙΧΕΙΡΗΣΕΩΝ / BUSINESS ECONOMICS |
| Code | 224 |
| Faculty | Engineering |
| School | Mechanical Engineering |
| Cycle / Level | 1st / Undergraduate |
| Teaching Period | Spring |
| Coordinator | Agis Papadopoulos |
| Common | Yes |
| Status | Active |
| Course ID | 20000313 |
Programme of Study: UPS of School of Mechanical Engineering
Registered students: 48
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| Industrial Management | Elective Course belonging to the selected specialization (Elective Specialization Course) | 10 | 5 | 5 |
| Academic Year | 2020 – 2021 |
| Class Period | Spring |
| Faculty Instructors |
|
| Weekly Hours | 4 |
| Class ID | 600171092
|
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600171092
Erasmus
The course is also offered to exchange programme students.
Language of Instruction
- Greek (Instruction, Examination)
- English (Examination)
Prerequisites
General Prerequisites
None
Learning Outcomes
By accomplishing this course, students will have obtained insight into the principles of financing and economic operations of enterprises and organisations.
They will have obtained the fundamentals of the main forms of entrepreneurship, both on a formal/legal and on an operative level.
They will have been acquainted with the main forms of markets (monopoly, oligopoly, free competition) and they will be able to recognize the various market forms, based of quantitative features.
Finally, they will have learned the possible ways of capital formation (equity and debt) as well as contemporary forms of financing and developing entrepreneurial activities.
The markets' operation and their impact on entrepreneurship.
General Competences
- Apply knowledge in practice
- Retrieve, analyse and synthesise data and information, with the use of necessary technologies
- Make decisions
- Work autonomously
- Work in an interdisciplinary team
Course Content (Syllabus)
Entrepreneurship and the economy (macro- and microeconomics, the role of enterprises, fundamentals)
Companies: legal forms and operational aspects
Markets (Monopolies, oligopolies, free markets)
Investments financing (Capital structure, loans and equities)
Stocks and stock markets
Balance sheets and cash-flows statements: principles and basic elements. Capital structure and financing forms. Commercial and bank funds. Stocks and the stock exchange market. Bonds and loans. Factoring and leasing.
Public Private Partnerships.
Keywords
Investments, cash flow, factoring, leasing,
Educational Material Types
- Notes
- Slide presentations
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
- Use of ICT in Communication with Students
Description
PC and projector use. Communication with students by means of e-learning platform and e-mails.
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 39 | 1.3 | ✓ | ||
| Laboratory Work | 26 | 0.9 | ✓ | ||
| Reading Assigment | 26 | 0.9 | |||
| Tutorial | 26 | 0.9 | ✓ | ||
| Project | 20 | 0.7 | ✓ | ||
| Written assigments | 10 | 0.3 | ✓ | ||
| Exams | 3 | 0.1 | ✓ | ||
| Total | 150 | 5 |
Student Assessment
Description
Coursework and written exams, as announced in the course's page.
Student Assessment methods
- Written Exam with Short Answer Questions (Summative)
- Written Assignment (Formative)
- Written Exam with Problem Solving (Summative)
Bibliography
Course Bibliography (Eudoxus)
Θωμάς Μούτος, William M. Scarth, Συγχρονη Οικονομική, Θέματα και Μέθοδοι Οικονομικής Ανάλυσης, Εκδ. Gutenberg, ISBN 978-960-01-1398-3, χρονολογία έκδοσης 2011, αριθμός σελίδων 314.
Robert Cinnamon, Brian Helweg-Larsen, Πώς να κατανοήσετε τα οικονομικά των επιχειρήσεων, Εκδ. Ελευθερουδάκης, ISBN 978-960-200-118-9, χρονολογία έκδοσης 2008, αριθμός σελίδων 148.
Additional bibliography for study
Σημειώσεις του διδάσκοντα: "Στοιχεία Οικονομικών για Μηχανικούς"
Capital Budgeting: Financial Appraisal of Investment Projects, Don Dayananda , Richard Irons, Steve Harrison, John Herbohn, Patrick Rowland, Cambridge University Press, 2003
H. Campbell and R. Brown, Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets, Cambridge University Press, 2003
Last Update
10-06-2020
