Course description

“Business Economics” is a normative discipline for students majoring in “Tourism” bachelor degree program, which is taught in the seventh and eighth semesters in the amount of 4 credits (according to the European Credit Transfer System ECTS) and specialty “Hotel and restaurant business” bachelor’s degree program , which is taught in the seventh semester in the amount of 4 credits.

The study of the discipline involves providing students with knowledge about the main directions of economic and financial activities of an enterprise.

The main tasks of studying the discipline are: studying the peculiarities of entrepreneurial activity and planning the enterprise activity; assessment of the resource potential of the enterprise and ways of its effective use; theoretical bases of formation and use of labor resources of the enterprise and system of their material stimulation; theoretical principles of formation and use of property resources (assets) of the enterprise, methodological approaches to their analysis and planning; theoretical principles of formation of financial resources (capital) of the enterprise, methodical approaches to their analysis and planning; assessment of economic results of financial and economic activities of the enterprise and assessment of its financial condition; ways to ensure the economic security of the enterprise.