Veidlapa Nr. M-3 (8)
Study Course Description

Economic and Business

Main Study Course Information

Course Code
SVUEK_035
Branch of Science
Economics and Business
ECTS
3.00
Target Audience
Dentistry
LQF
Level 7
Study Type And Form
Full-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Institute of Public Health
Contacts

Riga, Kronvalda boulevard 9, svek@rsu.lv, +371 67338307

About Study Course

Objective

To develop an understanding of the key issues addressed by economics at both the micro and macro levels, and to promote the acquisition of basic knowledge about the significance of entrepreneurship in the economy, various forms of business, legal aspects, work organization, financial planning, as well as the role of innovation in business, and its impact on competitiveness and growth

Preliminary Knowledge

Secondary school-level knowledge in economics, mathematics and statistics.

Learning Outcomes

Knowledge

1.Students will be able to: - define the main economic goals and problems, - describe the role of the state in the economy, - name the main legislative acts that regulate business, - explain the necessity of economic activity accounting, - name and describe the types of business risks, - define what innovations are and explain their impact on business.

Skills

1.Students will be able to: - Compare the similarities and differences between microeconomics and macroeconomics., - evaluate the advantages and disadvantages of economic systems, - analyze the behavior of market subjects, - compare the economic indicators of Latvia and other countries, - compare business forms, determine their advantages and disadvantages, - choose the appropriate business form for the specific economic activity, - develop a business model, perform SWOT and PEST analysis, - create an appropriate organizational structure, determine the necessary resources, - evaluate the role and importance of innovations in business.

Competences

1.Using the acquired knowledge, students will be able to: - discuss the global impact on the national economy, - evaluate Latvia's tax policy and budget, - evaluate the business environment in Latvia and the role of the state in promoting business, - identify and use innovation opportunities to promote sustainability, - evaluate business risks, as well as make decisions for their mitigation and prevention.

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-
Participation in lectures and seminars, individual work with teaching materials and literary sources, and preparation of presentations on the course topics.

Examination

Title
% from total grade
Grade
1.

Examination

-
-
Cumulative assessment that consists of assessment of the independent work completed during the course – 50% and exam grade – 50%. To be able to take the exam student has to have a positive assessment of all the independent work completed during the study course. To receive a final grade examination is mandatory. The assessment of independent work in case of an unsuccessful passed exam does not increase the final assessment grade.

Study Course Theme Plan

FULL-TIME
Part 1
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Accounting and financial management of economic activity. Introduction to accounting - financial accounting, management accounting. Analysis of financial indicators.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

The content of entrepreneurship, its functions. The factors that are influencing types of business. Legislation.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Introduction to Economics. The essence of economics: definition and functions. The main goals and problems of economics. The economic situation in Latvia and Europe. Characteristics of different types of economic systems.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Business model development, presentation, evaluation.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The content of entrepreneurship, its functions. The factors that are influencing types of business. Legislation.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Business model development, presentation, evaluation.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Management of the company. Personnel, resources, technology management. Implementation and management of innovations.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

The mechanism of market. Suply and demand. The essence of the state's economic policy and tools for its implementation. Fiscal and monetary policy.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Introduction to Economics. The essence of economics: definition and functions. The main goals and problems of economics. The economic situation in Latvia and Europe. Characteristics of different types of economic systems.
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Management of the company. Personnel, resources, technology management. Implementation and management of innovations.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

Stages of business development. Idea generation and evaluation. Business planning. Business model - definitions, main components. The business plan - strategy, goals, tasks, necessary resources, market and competitor analysis, financial attraction opportunities, and risk assessment.
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
3

Topics

The mechanism of market. Suply and demand. The essence of the state's economic policy and tools for its implementation. Fiscal and monetary policy.
Total ECTS (Creditpoints):
3.00
Contact hours:
32 Academic Hours
Final Examination:
Exam

Bibliography

Required Reading

1.

Lekciju materiāli e-studijās.

2.

Nešpors, V. 2015. Mikroekonomikas teorijas pamati. Rīga: RTU.

3.

Bikse V. 2015. Makroekonomika. Liepāja: LiePa.

4.

LR Komerclikums

5.

Kennard, M. 2021. Innovation and Entrepreneurship. 1st Edition. Routledge.

6.

Ārvalstu studentiem/For international students

7.

Commercial Law

Additional Reading

1.

Eteris, E., Vasiļevska, D. 2024. Bizness jaunajā gadsimtā: izaicinājumi un panākumi. Politiskā ekonomika un uzņēmējdarbība Eiropā un pasaulē. Rīga: Turība.

2.

Drukers, P. F. 2014. Efektīvs vadītājs. Rīga: Zoldnera izdevniecība.

3.

Kjells, G. H., Alsiņa, R. 2019. Biznesa ekonomika 3.izd. Rīga: RTU.

4.

Zelmenis, D. 2019. Valsts loma tirgus ekonomikā. Rīga: RSU.

5.

Babris, S., Kaļķis, H. u. c. 2020. LEAN risinājumi efektīvam biznesam. Rīga: Madris.

6.

Šteinbuka, I. (zin. red.). 2021. Latvijas tautsaimniecība pandēmijas ēnā un pēckrīzes izrāviena iespējas. Rīga: LU Akadēmiskais apgāds.

7.

Leibus, I. 2022. Pašnodarbināto grāmatvedība un nodokļi. 10.izd. Rīga: Lietišķās informācijas dienests.

Other Information Sources