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Economic Management Studies

Course developer

Replaced course

VadZ2037 [GVAD2037] Economic Management Studies

Course abstract

The objective of the study course is to provide the theoretical and practical basic knowledge on key management issues. The course includes studies of resources and production factors in shaping the company's business, production costs formation and breakdown of the company's profitability and its estimation. The elaboration of production development plan extends practical knowledge.

Learning outcomes and their assessment

Knowledge – on the theoretical aspects of business management and production, the role of resources in the performance of an enterprise, and on specialisation, diversification, and cooperation. Knowledge on the specifics of determining the profitability of an agricultural enterprise – calculation of gross margin, profit or loss statement, roles of cash flow and balance sheet in planning the performance of an enterprise, and use of break-even point;
Skills – students can use their knowledge on conducting economic calculations to practically calculate and evaluate the profitability of economic activity for a certain enterprise and elaborate proposals for improving its performance;
Competence – after completing the theoretical course, students are able to independently obtain and select necessary information, produce a production plan for an enterprise, as well as perform its economic evaluation in order to justify the profitability of the enterprise and elaborate proposals for improving it.

Compulsory reading

1. Dobele A., Mihejeva L., Špoģis K. u.c. Saimniekošanas mācība. Mācību līdzeklis. Ozolnieki: LLKC, 1999. 344 lpp.
2. Dobele A., Upīte I. Saimniekošanas mācība. Metodiskie norādījumi un darba burtnīca Ekonomikas fakultātes studentiem. Jelgava: LLU, 2007. 60 lpp.
3. Auziņa A., Dobele A., Mihejeva L., Upīte I. Praktikums lauksaimnieciskajā komercdarbībā. Rīga: KIF „Biznesa komplekss”, 2000. 168 lpp.
4. Bruto seguma aprēķins zemnieku saimniecībā. Periodisks izdevums. Ozolnieki: LLKC.

Further reading

1. Abizāre V. Ievads uzņēmējdarbībā. Rīga: Raka, 2004. 140 lpp.
2. Barovs P. Biznesa plāni: kā tos uzrakstīt un īstenot. Rīga: Lietišķās informācijas dienests, 2008. 213 lpp.
3. Muška A. Uzņēmējdarbības plānošana: studiju materiāls. Rīga: KIF Biznesa Komplekss, 2005. 96 lpp.

Periodicals and other sources

1. Dienas Bizness: nedēļas laikraksts: Latvijas biznesa avīze. Rīga: Diena: Dagens Ir LLU FB
2. Agrotops. Rīga: Aģentūra Agro apgāds. ISSN 1407-5164.
3. Praktiskais Latvietis. Rīga : Lauku Avīze. 1992-. ISSN 1407-3358.