Course code MežZ4054
Credit points 2.25
Wood Processing Economics
Total Hours in Course60
Number of hours for lectures20
Number of hours for seminars and practical classes4
Date of course confirmation08.11.2011
Responsible UnitInstitute of Forest Management
Course developers
Jānis Krūmiņš
Dr. silv.
Aivars Purvgalis
Dr. silv.
Course abstract
Forms of entrepreneurship and their specifications in wood processing industry. Fixed assets: evaluation, utilization, wear and tear. Working capital, its calculation. Product unit cost and price calculation. Working hours and forms of payment for work. Break-even point analysis. Return of capital and its evaluation.
Learning outcomes and their assessment
Knowledge: After finishing the course students will have knowledge about forms of entrepreneurship in wood processing industry, fixed assets, working capital, forms of payment and evaluation of capital return. Skills and competence: Students will be able to calculate wear and tear of fixed assets, make calculations for product or service unit cost, find break-even point and selling price, calculate necessary working capital to maintain activity of enterprise.
Compulsory reading
1. Rurāne M. Finanšu menedžments. Rīga: Rīgas Starptautiskā ekonomikas un biznesa administrācijas augstskola, 2006. 383 lpp.
2. Pelšs A. Vadības grāmatvedība. Rīga: Biznesa Komplekss, 2001. 2 sēj.
3. Ludboržs A. Apgrozāmā kapitāla vadīšana nelielos uzņēmumos. Rīga: Lietišķās informacijas dienests, 2007. 288. lpp.
4. Ludboržs A. Pamatlīdzekļu uzskaite. Rīga: Lietišķās informacijas dienests, 2006. 255 lpp.
Further reading
1. Ludboržs A. Finanšu grāmatvedība tirdzniecībā. Rīga: Lietišķās informacijas dienests, 2003. 282 lpp.
2. Savs bizness. Aiva Vīksna, Lietišķās informacijas dienests, 2009. 232 lpp.
3. Vadībzinātne. Ekonomika. Rakstu krājums. I.Brūvers u.c. Rīga: Biznesa un finanšu pētniecības centrs, 2009.
Periodicals and other sources
1. Dienas Bizness. ISSN 1407-2041
2. Bilance. ISSN 1407-5709