Опис курсу

Subject of the Academic Discipline

The financial and economic activities of business entities, economic phenomena, and processes expressed through a system of economic indicators, regardless of their informational representation.

Purpose of the Academic Discipline

The formation of a system of knowledge and practical skills regarding modern forms and methods of economic analysis of the financial and economic activities of business entities.

Main Objectives

During the study of this discipline, students are expected to:

• Define the theoretical and methodological foundations of economic analysis;
• Learn to express any economic operation or phenomenon through a system of indicators;
• Acquire practical skills in applying methods and techniques of economic analysis to the financial and economic activities of an enterprise;
• Learn to make well-founded and objective conclusions and recommendations based on research results;
• Develop practical skills in preparing analytical conclusions.

Place of the Discipline in the Structural-Logical Scheme of Bachelor’s Training

The academic discipline “Economic Analysis” is a mandatory subject for bachelor’s training. It is based on knowledge from disciplines such as “Microeconomics,” “Macroeconomics,” “Economics and Finance of Business Entities,” “Accounting,” and “Statistics” and serves as a knowledge base for subjects such as “Business Activity Analysis,” “Financial Accounting,” “Enterprise Reporting,” and “Audit.”

Competencies, Knowledge, and Skills Requirements

After studying the discipline, students should develop the following competencies:

General Competencies:

• GC01. Ability to learn and acquire modern knowledge.
• GC02. Ability for abstract thinking, analysis, and synthesis.
• GC03. Ability to work in a team.
• GC04. Ability to work autonomously.
• GC05. Appreciation and respect for diversity and multiculturalism.
• GC07. Ability to be critical and self-critical.
• GC08. Knowledge and understanding of the subject area and professional activities.
• GC09. Ability to communicate in the state language both orally and in writing.
• GC11. Skills in using modern information systems and communication technologies.
• GC13. Ability to conduct research at the appropriate level.

Special Competencies:

• SC01. Ability to study economic trends using macroeconomic and microeconomic analysis tools, making generalizations about specific phenomena in modern economic processes.
• SC02. Use mathematical tools to study socio-economic processes and solve applied problems in accounting, analysis, control, auditing, and taxation.
• SC05. Conduct business activity and financial analysis to support managerial decision-making.

Expected Learning Outcomes

Upon completion of the discipline “Economic Analysis,” students should:

Knowledge:

• Understand key indicators of the financial and operational performance of business entities, their interrelations, and dependencies (the anatomy of a company’s economy);
• Be familiar with methods, techniques, and tools of economic analysis;
• Know the contents of financial (accounting), statistical, tax, and other reporting used as an information source for analytical work;
• Understand the principles and methods of managerial decision-making and identifying reserves for improving financial and economic performance.

Skills:

• Read and interpret financial (accounting), statistical, tax, and other reports;
• Conduct research on economic changes and processes using a multi-criteria approach;
• Make well-founded and objective conclusions and recommendations based on research findings;
• Identify the most efficient tools and methods for analyzing economic situations or problems;
• Develop strategic decisions to strengthen a company’s market position;
• Prepare analytical reports for users according to analytical process standards.

Learning Outcomes

• LO01. Understand economic categories, laws, causal and functional relationships between processes and phenomena at different levels of economic systems.
• LO03. Identify the essence of objects of accounting, analysis, control, auditing, taxation, and understand their role in business activities.
• LO05. Possess methodological tools for accounting, analysis, control, auditing, and taxation of business activities.
• LO06. Understand the practical aspects of accounting, analysis, control, auditing, and taxation of businesses with different ownership forms, organizational and legal structures, and types of economic activities.
• LO13. Recognize the peculiarities of business operations in modern economic conditions and understand their market positioning.
• LO15. Apply general scientific and specialized research methods to study socio-economic phenomena and business processes.

Course Content by Topics

Topic 1. Economic Analysis and Justification of Managerial Decisions
Topic 2. Subject and Types of Economic Analysis
Topic 3. Methods, Techniques, and Tools of Economic Analysis
Topic 4. Information Base of Economic Analysis and the Use of Personal Computers
Topic 5. Analysis of Business Operations and Market Opportunities
Topic 6. Analysis of Production Resources and Their Efficiency
Topic 7. Analysis of Production and Sales Costs
Topic 8. Analysis of Financial Results and Profitability
Topic 9. Analysis of the Financial Condition of the Enterprise
Topic 10. Preparation of Economic Analysis Results
Topic 11. Transformation of Economic Analysis in Modern Conditions