Course code VadZ3030

Credit points 1

Business Economics

Total Hours in Course40

Independent study hours40

Date of course confirmation19.11.2019

Responsible UnitInstitute of Business and Management Science

Course developer

author lect.

Laura Joma

Mg. paed.

Prior knowledge

Ekon1024, Microeconomics

Ekon2108, Management of Innovation

Ekon2121, Macroeconomics

Ekon2128, Globalization of Business

Ekon3080, Market Analysis and Forecasting

Ekon3115, Marketing

Ekon3116, Financial Management

Soci2036, Sociology

VadZ1018, Business Information Management

VadZ2028, Economic Management Studies

VadZ2031, Entrepreneurship Legislation

Course abstract

The student produces a course paper that demonstrates the student’s ability to apply the acquired theoretical knowledge in practice. The student builds up an understanding of business analysis and development planning as well as practical skills in making an economic theoretical framework for business development and applying research methods.

Learning outcomes and their assessment

1. demonstrate the knowledge and a critical understanding of theoretical and empirical research in business economics - Course paper, the defence of the course paper
2. Demonstrate the knowledge of the legal framework for business - Course paper, the defence of the course paper
3. Define the relevance, research aim and specific research tasks of the course paper as well as select and apply the most proper methods for doing research - Course paper, the defence of the course paper
4. Process, analyse and systemize information needed for the course paper - Course paper
5. Draw conclusions by analysing information and develop and define relevant proposals - Course paper, the defence of the course paper
6. Independently structure and plan the completion of the course paper - Course paper
7. Assume initiative and responsibility during the course of work on the course paper - Course paper
8. Communicate with managers (employees) of enterprises (institutions, organizations) to acquire the data and information necessary for the course paper - Course paper
9. Present and defend the research results and proposals made and argue their personal opinions in public as well as answer the questions asked - Defence of the course paper
10. Responsibly plan the assignments given - Course paper
11. Demonstrate an awareness of, comprehend, assess, explain and creatively apply the acquired theoretical knowledge and practical skills in business economics in various industries of the national economy - Course paper, the defence of the course paper

12. Independently examine problems, make economically sound decisions to solve the problems with the aim of increasing efficiency in business - Course paper, the defence of the course paper

Course Content(Calendar)

1. Choose and align the subject of the course paper with the manager.
2. Familiarity with guidelines for drawing up and defending course paper.
3. Gathering and systematising theoretical literature.
4. Getting the necessary data and information.
5. Development of analytical part of the course work.
6. Drawing up key conclusions and proposals.
7. Preparing a presentation to defend a course paper.

8. Defending and evaluating the course paper.

Requirements for awarding credit points

Developing a course job and defending it successfully.

Description of the organization and tasks of students’ independent work

A student writes the course paper according to the topic chosen independently, consulting the supervisor of the student. Course paper in paper format should be submitted by the student to the specialization direction profiling institute at least 10 days prior the day the defence meeting is held, while uploading an electronic format to the LLU e-studio site. The procedure of production, supervision, submission, and defence of a course paper is regulated by the Guidelines for Writing and Defending a Course paper. Study aid for students of the professional Bachelor study program “Entrepreneurship and Buisness Managment” of the Faculty of Economics and Social Development. Jelgava, 2019

Criteria for Evaluating Learning Outcomes

A rating with a check mark.

Compulsory reading

1. Hofs K.G. Biznesa ekonomika. 3. izdevums. Rīga; SIA J.Rozes apgāds, 2019. 602 lpp.
2. Sekaran U., Roger B. Research methods for business. A skill- building approach. Fifth edition. Chichester, United Kingdom: John Wiley & Sons LtdA, 2010. 468 p.

3. Muška A. Uzņēmējdarbības pamatkurss. Rīga: KFI „Biznesa Komplekss”, 2005. 93 lpp.

Further reading

1. Latvijas Vēstnesis. Latvijas Republikas oficiālais izdevums. Pieejams:

2. Latvijas Ministru kabineta mājaslapa. Pieejams:;

Periodicals and other sources

1. Scopus datubāze. Pieejams:
2. Web of Science datubāze. Pieejams:

3. Science Direct Freedom Collection datubāze. Pieejams:


Field professional specialization course (Part B3) for the professional Bachelor study program “Entrepreneurship and Buisness Managment” specialization branche “Buisness Managment”