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Curriculum subject

Economics of Machine Building Enterprise

Subject
Subject code MME306
Subject name Economics of Machine Building Enterprise
Credit points 3 ECTS
Grading method Grade prelim
Subject program
Curriculum subject
Curriculum 2016 ME
Study year 3
Semester Spring semester
Subject type Mandatory
General description
Machine building in Estonian economy. Production facilities and current assets of the machine building enterprises. Organisation and arrangements of the production process. Machine building enterprise's production structure and administration.
Different wage systems and types. Cost of production and calculation. Product's cost. Cost calculation. Enterprise's financial accounting. Economic efficiency of the production.
General aim
The aim of the course is giving economical knowledge about mechanical engineering enterprise's economics.
Aim
The student knows the basis of mechanical engineering enterprise's economics, the basis of financial system and the concept of profitability calculation. Knows how to plan and organize the function of employees and material resources on the level of company. Knows how to make and lead the projects. Knows the terminology of mechanical engineer specialty and the techniques of presentation.
Form description
Lectures, individual work,term paper, seminars, Intermediate Accounting.
E-learning
Course is taken partially or fully in e-learning environment: No
Current rounds
None
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