Basics of Market Economy and Management
Study Course Implementer
Riga, 9 Kronvalda boulevard, svek@rsu.lv, +371 67338307
About Study Course
Objective
Preliminary Knowledge
Learning Outcomes
Knowledge
1.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
1.• 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.
Competences
1.• 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.
Assessment
Individual work
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Title
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% from total grade
|
Grade
|
|---|---|---|
|
1.
Individual work |
-
|
-
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|
Preparation and presentation of independent work, both written and oral, individual and group work, discussions.
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||
Examination
|
Title
|
% from total grade
|
Grade
|
|---|---|---|
|
1.
Examination |
-
|
-
|
|
2.
Examination |
-
|
-
|
|
Written exam: 50%
Independent work and tasks: 50%
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Study Course Theme Plan
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Lecture
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Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Introduction: basic topics of economics – resources and needs
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Introduction: basic topics of economics – resources and needs
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Functioning of a market enterprise, types of property. Demand. Supply. Price formation.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Functioning of a market enterprise, types of property. Demand. Supply. Price formation.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Functioning of a market enterprise, types of property. Demand. Supply. Price formation.
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Functioning of a market enterprise, types of property. Demand. Supply. Price formation.
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
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
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
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
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
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
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
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
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
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
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Evolution and development of management theory. Organisations and management.
The internal and external environment of the organisation
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Fiscal and monetary policy
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Fiscal and monetary policy
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic functions of management – planning, organising, motivating and controlling
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic functions of management – planning, organising, motivating and controlling
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic functions of management – planning, organising, motivating and controlling
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Basic functions of management – planning, organising, motivating and controlling
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
The nature of human resource management. Management styles
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
The nature of human resource management. Management styles
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business ethics and social responsibility. Principles of social responsibility. Ethics and modern organisational management and culture
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business ethics and social responsibility. Principles of social responsibility. Ethics and modern organisational management and culture
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business ethics and social responsibility. Principles of social responsibility. Ethics and modern organisational management and culture
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Business ethics and social responsibility. Principles of social responsibility. Ethics and modern organisational management and culture
|
Bibliography
Required Reading
Hofs, K.G., Alsiņa, R. 2019. Biznesa ekonomika. 3.izd. Rīga: RTU izdevniecība.
Bikse, V. 2020. Makroekonomika. Liepāja: LiePa.
Nešpors, V. 2015. Mikroekonomikas teorijas pamati. Rīga: RTU izdevniecība.
Praude, V. 2012. Menedžments 1.grāmata. Rīga: Burtene (akceptējams izdevums).
Praude V. 2012. Menedžments 2.grāmata. Rīga: Burtene (akceptējams izdevums).
Kasahara, E. 2015. Practical Management: How To Apply Strategic Thinking In Business. Singapore: World Scientific Publishing Co.
Ārvalstu studentiem/For international students:
Kasahara, E. 2015. Practical Management: How To Apply Strategic Thinking In Business. Singapore: World Scientific Publishing Co.
Additional Reading
Ščeulovs, D., Plēgmans, N. 2021. Atspēriena punkts veiksmīgai uzņēmējdarbībai : mācību līdzeklis (uzņēmēja rokasgrāmata). Rīga: RTU izdevniecība.
Zelmenis, D. 2019. Valsts loma tirgus ekonomikā. Rīga: Rīgas Stradiņa universitāte.
Forands, I. 2018. Menedžmenta mazā enciklopēdija. Rīga: Latvijas Izglītības fonds.
Drukers, P. F. 2014. Efektīvs vadītājs. Jelgava: Zoldnera izdevniecība.
Capon, N., Go, F. 2017. Frameworks for Market Strategy. New York: Routledge/Taylor & Francis Group.
Berman, P. K. 2014. Successful business process management : what you need to know to get results. New York : American Management Association.
Ārvalstu studentiem/For international students:
Capon, N., Go, F. 2017. Frameworks for Market Strategy. New York: Routledge/Taylor & Francis Group.
Berman, P. K. 2014. Successful business process management : what you need to know to get results. New York : American Management Association.