Subject: Principles of economics (12 - IM1004)


Basic Information

CategoryAcademic-general educative
Scientific or art field:Production Systems, Organization and Management
InterdisciplinaryNo
ECTS4
Course specification

Course is active from 01.10.2013..

The most important educational goal is to enable the students to adapt to the new socio-economic processes. The students (the next engineer) appropriate the forms of economic knowledge that are indispensable for the realizing of the different purposes in the firms during the transition and post-transition in Serbia. The educational goal is that the engineer is enabled to combine the technical and economic dimensions of her work.
The appropriation of the practical knowledge that enables the engineer to apply the economic categories in different areas of life and to combine the technical and other processes with the economic criterion. The consequence of the education is reflects in capacities to arrange situations based on economic rationality.
The relationships between supply and demand. Costs, forms of costs. Structure of market. The elements of the treatment of monopolistic structures. Forms of prices and the principles of the forming of prices. Profit. Technology in the economic perspective. Technology and innovation. Analysis of the economic aspects of hierarchy in firms. Forms of firms. Manager as the creator of the expectation in the firm. Economics of idiosyncrasy. Transaction costs and innovativeness in firm.Economic aspects of innovation.
The lectures are based on the combination of the relevant theoretical and practical knowledge. The emphasis is put on the applicative-technical aspects of economizing that includes concrete case studies and treating of the concrete situations selected from the contemporary economies. The students will be enabled to understand the tendencies and laws of market economy and to apply this type of knowledge.
AuthorsNameYearPublisherLanguage
Josifidis, K., Lošonc, A.Principi ekonomije2004StylosSerbian language
Perez, CarlotaTechnological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages2002Cheltenham, ElgarEnglish
Prencipe, AndreaThe Business of Systems Integration2005Oxford: Oxford University PressEnglish
Carlota PerezParadigm Shifts and Socio-Institutional Change, Economic Development and Inequality2004Edward Elgar, Cheltenham, UKEnglish
Course activity Pre-examination ObligationsNumber of points
Project taskYesYes15.00
Exercise attendanceYesYes5.00
HomeworkYesYes5.00
Lecture attendanceYesYes5.00
Oral part of the examNoYes70.00
Name and surnameForm of classes
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Lošonc Alpar
Full Professor

Lectures
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Ivanišević Andrea
Associate Professor

Lectures
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Ivanišević Andrea
Associate Professor

Practical classes