Faculty of Economics / ECONOMICS / SOCIOLOGY
| Course: | SOCIOLOGY/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 4 | Obavezan | 1 | 3 | 2+0+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 2 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / MANAGEMENT
| Course: | MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 40165 | Obavezan | 1, | 5 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / LOW FOR ECONOMISTS
| Course: | LOW FOR ECONOMISTS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38444 | Obavezan | 1, | 6 | 3+1+0 |
| Programs | ECONOMICS |
| Prerequisites | N/A |
| Aims | Acquaintance of students with the concept and structure of the state-legal order. Training students in legal matters necessary for economists, such as real law, obligation law, company law and forms of economic activity, i.e. securities law |
| Learning outcomes | After the student passes this exam, he/she will be able to: - define and explain the social system, legal system and state-legal order; - learn and correctly formulate the basic legal institutes of real and obligation law; - understands the difference between securities and other written documents and indicates their importance in business relations; - understands the difference between basic contracts of obligation law; - understands the basic forms of economic activity in Montenegro; - explain the method of establishment, management bodies and responsibility for the obligations of business entities; - understands the procedure of voluntary liquidation and bankruptcy of a business entity. |
| Lecturer / Teaching assistant | PHD Mijat Jocović - teacher MSc Nikola Martinović - associate |
| Methodology | Lectures, exercises, seminars, tests, consultations, debates in exercise classes and examples from practice. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Basic concepts about the state and law. Legal order, legal norms, legal acts, branches of law, legal areas. Examples from practice. Subjects of law (natural and legal entities). Legal, business and tort capacity. Objects of law. Legal relationship, legal fact, legal action. Examples from practice. Analysis of specific legal acts and the manner of their adoption. |
| I week exercises | Basic concepts about the state and law. Legal order, legal norms, legal acts, branches of law, legal areas. Examples from practice. Subjects of law (natural and legal entities). Legal, business and tort capacity. Objects of law. Legal relationship, legal fact, legal action. Examples from practice. Analysis of specific legal acts and the manner of their adoption. |
| II week lectures | Concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and Essay. Fundamentals of real law. Property right - concept, importance, acquisition, protection, termination, special forms of property. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| II week exercises | Concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and Essay. Fundamentals of real law. Property right - concept, importance, acquisition, protection, termination, special forms of property. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| III week lectures | Fundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Debate and Essay. |
| III week exercises | Fundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Debate and Essay. |
| IV week lectures | Basics of obligation law. Concept, characteristics, elements of obligation. Sources of bonds. |
| IV week exercises | Basics of obligation law. Concept, characteristics, elements of obligation. Sources of bonds. |
| V week lectures | Contract law. Concept and importance of contract. Principles of contract law. General conditions for concluding a contract. Division of contract. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| V week exercises | Contract law. Concept and importance of contract. Principles of contract law. General conditions for concluding a contract. Division of contract. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| VI week lectures | Contract law. Interpretation, effect of the contract and termination of the contract. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. Contract law. Certain commercial contracts. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| VI week exercises | Contract law. Interpretation, effect of the contract and termination of the contract. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. Contract law. Certain commercial contracts. Analysis of cases from court practice - emphasis on the economic consequences of court disputes. |
| VII week lectures | Securities. Concept and types of securities. Check and draft. |
| VII week exercises | Securities. Concept and types of securities. Check and draft. |
| VIII week lectures | Colloquium |
| VIII week exercises | Colloquium |
| IX week lectures | Concept and sources of company law. Concept and types of companies. Common characteristics of commercial companies (objective, register, seat, representation). Liability for obligations. |
| IX week exercises | Concept and sources of company law. Concept and types of companies. Common characteristics of commercial companies (objective, register, seat, representation). Liability for obligations. |
| X week lectures | Representatives of the company. Assets, capital and financial statements of the company. |
| X week exercises | Representatives of the company. Assets, capital and financial statements of the company. |
| XI week lectures | Forms of economic activity. Entrepreneur, partnership, limited partnership and parts of foreign companies. Method of establishment, management of companies and responsibility for obligations. |
| XI week exercises | Forms of economic activity. Entrepreneur, partnership, limited partnership and parts of foreign companies. Method of establishment, management of companies and responsibility for obligations. |
| XII week lectures | Limited liability company. Remedial colloquium. |
| XII week exercises | Limited liability company. Remedial colloquium. |
| XIII week lectures | Joint-stock company - concept, characteristics, company bodies. Establishment of a joint-stock company through examples from practice - simulation of the establishment of a company. |
| XIII week exercises | Joint-stock company - concept, characteristics, company bodies. Establishment of a joint-stock company through examples from practice - simulation of the establishment of a company. |
| XIV week lectures | Termination of the company. Voluntary and judicial liquidation of a company. Liquidation manager. Completion of the voluntary liquidation procedure. |
| XIV week exercises | Termination of the company. Voluntary and judicial liquidation of a company. Liquidation manager. Completion of the voluntary liquidation procedure. |
| XV week lectures | Initiation of bankruptcy proceedings. Principles and bodies of bankruptcy proceedings. Settlement of creditors. Reorganization. |
| XV week exercises | Initiation of bankruptcy proceedings. Principles and bodies of bankruptcy proceedings. Settlement of creditors. Reorganization. |
| Student workload | Weekly 6 credits x 40/30 = 8 hours Structure: 2 hours and 15 minutes for lectures 45 minutes for exercises 5 hours of independent student work, including consultations. In the semester Total workload for the subject 6 x 30 = 180 hours Structure: Classes and final exam: 8 hours x 16 weeks = 128 hours Necessary preparations before the beginning of the semester (administration, registration, certification): 8 hours x 2 = 16 hours. Additional work for preparing and passing the exam in the remedial period: 36 hours. |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 1 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Attendance at classes, active participation of students during exercises, preparation of seminars with presentations at exercises. |
| Consultations | Consultation dates are determined for each semester. |
| Literature | - Dr Mijat Jocović – „Pravo privrednih društava“ – Ekonomski fakultet, Podgorica, 2022. - Dr Snežana Miladinović – “Pravo za ekonomiste” – Ekonomski fakultet, Podgorica, 2012. Additional literature: - Jelena Perović, Međunarodno privredno pravo, Centar za izdavačku djelatnost Ekonomskog fakulteta u Beogradu, Beograd, 2011 - Horak, H., Dumančić, K., Preložnjak, B., Šafranko, Z., Poljanec, K. - Uvod u trgovačko pravo, HDK i partneri j.t.d., Zagreb, 2016. - Nebojša Jovanović, Mirjana Radović, Praktikum iz trgovinskog prava, Beograd, 2012. |
| Examination methods | • Colloquium 40 points; • Class activities (essay, debate, homework) 10 points; • Final exam 50 points. A passing grade is obtained if at least 50 points are accumulated cumulatively. |
| Special remarks | N/A |
| Comment | N/A |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / BUSINESS INFORMATICS
| Course: | BUSINESS INFORMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38443 | Obavezan | 1, | 7 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / MATHEMATICS FOR ECONOMISTS
| Course: | MATHEMATICS FOR ECONOMISTS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38442 | Obavezan | 1, | 8 | 1+4+0 |
| Programs | ECONOMICS |
| Prerequisites | / |
| Aims | The course is a basic discipline that aims to enable students to understand the basics definitions and assertions from Mathematical Economics, in order to smoothly follow other quantitative ones study disciplines, such as: Statistics, Financial and Actuarial Mathematics, Microeconomics, Economic statistics, Operational research, Econometrics, Portfolio analysis, Financial management, etc. |
| Learning outcomes | After completing this course, the student will be able to: 1. Calculate the value of the determinant and state it her features. 2. Solve problems with matrices, including basic arithmetic operations with matrices and list their characteristics. 3. Determines and discusses the solutions of systems of linear equations and inequalities. 4. Solve problems related to vectors and arithmetic operations with vectors. 5. Examine the function and explain the basic concepts of the function of one variable, as well as to sketch its graph 6. Find the derivative of the function of one variable variables, interpret it economically and geometrically. 7. Calculates indefinite and definite integrals and interprets the basic terms of the integral calculus, with the application of a certain integral to the calculation surfaces and solving simple economic tasks. 8. Explain the basic concepts of functions more variables, as well as to apply partial derivatives when determining extreme values. 9. Interprets and explains statements related to learned concepts. 10. Applies learned concepts and statements to economic phenomena and creates simpler mathematical-economic models. |
| Lecturer / Teaching assistant | Prof. dr Vladimir Kašćelan, doc. dr Saša Vujošević, Stevan Đurić |
| Methodology | Classical lectures and exercises. Conversation and explanations during the lecture. Short oral and written checks of understanding and knowledge of the material covered in lectures and exercises, in addition to active participation of students in solving tasks. Homework, a colloquium and a final exam are planned. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Matrix. Determinant. Inverse matrix. |
| I week exercises | Matrix. Determinant. Inverse matrix. |
| II week lectures | Kramers rule. Applications in economics. Gaussian algorithm. Rank matrix. Kronecker-Kapelieva theorem |
| II week exercises | Kramers rule. Applications in economics. Gaussian algorithm. Rank matrix. Kronecker-Kapelieva theorem |
| III week lectures | Vector space. Linear dependence of vectors. Base. Linear objects in Rn. A long, convex set, hyperplane and half-space of the vector space Rn. Linear inequality. Systems of linear inequalities in Rn. Applications in economics. |
| III week exercises | Vector space. Linear dependence of vectors. Base. Linear objects in Rn. A long, convex set, hyperplane and half-space of the vector space Rn. Linear inequality. Systems of linear inequalities in Rn. Applications in economics. |
| IV week lectures | Sequences and their convergence. Arithmetic and geometric series. Number e. A real function of a real one variables. Elementary functions - characteristics and graphics. Inverse function. Complex function. The limit value of the function. Continuity. Economic functions. |
| IV week exercises | Sequences and their convergence. Arithmetic and geometric series. Number e. A real function of a real one variables. Elementary functions - characteristics and graphics. Inverse function. Complex function. The limit value of the function. Continuity. Economic functions. |
| V week lectures | Derivative of a function - definition and geometric interpretation. Derivation of sums, products and quotients. Extract of compound functions. The approximate meaning of the derived (limit, marginal) f is. Applications of the boundary function in economy. |
| V week exercises | Derivative of a function - definition and geometric interpretation. Derivation of sums, products and quotients. Extract of compound functions. The approximate meaning of the derived (limit, marginal) f is. Applications of the boundary function in economy. |
| VI week lectures | The elasticity of a function.The differential of a function.. Higher order derivatives. Mean value theorems. Lopitals rule. |
| VI week exercises | The elasticity of a function.The differential of a function.. Higher order derivatives. Mean value theorems. Lopitals rule. |
| VII week lectures | The monotonicity. Extreme values. The convexity. Turning points. The growth rate. |
| VII week exercises | The monotonicity. Extreme values. The convexity. Turning points. The growth rate. |
| VIII week lectures | Characteristics of f. Graph function. Graphing a function |
| VIII week exercises | Characteristics of f. Graph function. Graphing a function |
| IX week lectures | Preparation for the colloquium. Indefinite integral - def. and traits. Method of shift and partial integration. Integration of rational f. |
| IX week exercises | Preparation for the colloquium. Indefinite integral - def. and traits. Method of shift and partial integration. Integration of rational f. |
| X week lectures | Colloquium. Definite integral - definition. Newton-Leibnitz formula. Economic applications of integrals. |
| X week exercises | Colloquium. Definite integral - definition. Newton-Leibnitz formula. Economic applications of integrals. |
| XI week lectures | Differential equation of the first order. Equations with separated variables. Homogeneous differential equation. |
| XI week exercises | Differential equation of the first order. Equations with separated variables. Homogeneous differential equation. |
| XII week lectures | Remedial colloquium. Linear differential equation of first order and second order with constant coefficients. Differential equations. Applications in economics. |
| XII week exercises | Remedial colloquium. Linear differential equation of first order and second order with constant coefficients. Differential equations. Applications in economics. |
| XIII week lectures | Functions of multiple independent variables-def. Partial extracts. Partial and cross partial elasticity. Total differential. Extreme values. Applications in economics. |
| XIII week exercises | Functions of multiple independent variables-def. Partial extracts. Partial and cross partial elasticity. Total differential. Extreme values. Applications in economics. |
| XIV week lectures | Homogeneous functions. Economic applications. The method of least squares. |
| XIV week exercises | Homogeneous functions. Economic applications. The method of least squares. |
| XV week lectures | Final exam preparation |
| XV week exercises | Final exam preparation |
| Student workload | |
| Per week | Per semester |
| 8 credits x 40/30=10 hours and 40 minuts
1 sat(a) theoretical classes 0 sat(a) practical classes 4 excercises 5 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
10 hour(s) i 40 minuts x 16 =170 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 10 hour(s) i 40 minuts x 2 =21 hour(s) i 20 minuts Total workload for the subject: 8 x 30=240 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 48 hour(s) i 0 minuts Workload structure: 170 hour(s) i 40 minuts (cources), 21 hour(s) i 20 minuts (preparation), 48 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes and do a colloquium. |
| Consultations | See on the notice board and the faculty website |
| Literature | 1. B.Laković V.Kašćelan S.Vujošević Mathematics for economists - theory and tasks, III edition, Faculty of Economics, Podgorica, 2003. 2. Alpha C. Chiang Basic methods of Mathematical Economics, III edition, translated by Mate Zagreb, 1994 (or original in English) |
| Examination methods | Class activities - 5 points Colloquium - 45 points Final exam - 50 points A student who is taking a remedial colloquium or a remedial final calculus exam is the result achieved on it. A passing grade is obtained if cumulatively collect at least 50 points |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMICS BASICS
| Course: | ECONOMICS BASICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38441 | Obavezan | 1, | 9 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 9 credits x 40/30=12 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 7 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
12 hour(s) i 0 minuts x 16 =192 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 12 hour(s) i 0 minuts x 2 =24 hour(s) i 0 minuts Total workload for the subject: 9 x 30=270 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 54 hour(s) i 0 minuts Workload structure: 192 hour(s) i 0 minuts (cources), 24 hour(s) i 0 minuts (preparation), 54 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / NATIONAL ECONOMY
| Course: | NATIONAL ECONOMY/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38449 | Obavezan | 2, | 4 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | N/A |
| Aims | The national economy, in a comprehensive way, studies the conditions, conditions and changes in the economic reality of the economy of Montenegro. The goal of studying the subject at the macro level refers to the search for solutions to establish a rational connection between the set goals of the economic policy and the available means for their realization. |
| Learning outcomes | After the student passes this exam, he/she will be able to: • defines the basic concepts of the national economy of Montenegro; • understands the position of Montenegro and the activity of the economy in its entirety through GDP; • uses instruments of economic policies of the national economy and understands individual sectors of the economy; • explain the economic development of Montenegro in the context of economic development and integration; • defines the connection between set goals and available resources at the level of Montenegro; |
| Lecturer / Teaching assistant | PHD Nikola Milović - Teacher MSc Nikola Martinović - Teaching Associate |
| Methodology | Lectures, exercises, seminars, tests, consultations, debates during exercises and within the presentations of selected seminars from certain narrower fields |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Size and degree of economic development of Montenegro, natural resources; |
| I week exercises | Size and degree of economic development of Montenegro, natural resources; |
| II week lectures | Macroeconomic environment, GDP, activities, prices, labor market; |
| II week exercises | Macroeconomic environment, GDP, activities, prices, labor market; |
| III week lectures | Public finances of Montenegro; |
| III week exercises | Public finances of Montenegro; |
| IV week lectures | State debt and external sector; |
| IV week exercises | State debt and external sector; |
| V week lectures | The concept and importance of the standard of living in Montenegro, regional aspect; |
| V week exercises | The concept and importance of the standard of living in Montenegro, regional aspect; |
| VI week lectures | SWOT analysis of the economy of Montenegro; |
| VI week exercises | SWOT analysis of the economy of Montenegro; |
| VII week lectures | Colloquium; |
| VII week exercises | Colloquium; |
| VIII week lectures | Agriculture and tourism; |
| VIII week exercises | Agriculture and tourism; |
| IX week lectures | Traffic and construction |
| IX week exercises | Traffic and construction |
| X week lectures | Energetics; |
| X week exercises | Energetics; |
| XI week lectures | Economic policy in euroized economies; |
| XI week exercises | Economic policy in euroized economies; |
| XII week lectures | Financial system in Montenegro; |
| XII week exercises | Financial system in Montenegro; |
| XIII week lectures | Foreign direct investments as a driving force for the economic development of Montenegro |
| XIII week exercises | Foreign direct investments as a driving force for the economic development of Montenegro |
| XIV week lectures | Strategic vision of state development - a healthy, sustainable, modernized and digitized Montenegro |
| XIV week exercises | Strategic vision of state development - a healthy, sustainable, modernized and digitized Montenegro |
| XV week lectures | Competitiveness of the economy of Montenegro; |
| XV week exercises | Competitiveness of the economy of Montenegro; |
| Student workload | Weekly 4 credits x 40/30 = 5 hours and 20 minutes Structure: 1 hour and 30 minutes for lectures 1 hour and 30 minutes for exercises 2 hours and 20 minutes of independent student work, including consultations. In the semester Total workload for the course 4 x 30 = 120 hours Structure: Classes and final exam: 5 hours 20 minutes x 16 weeks = 85 hours 20 minutes Necessary preparations before the beginning of the semester (administration, registration, certification): 5 hours 20 minutes x 2 = 10 hours 40 minutes. Additional work for preparing and passing the exam in the remedial period: 48 hours. |
| Per week | Per semester |
| 4 credits x 40/30=5 hours and 20 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
5 hour(s) i 20 minuts x 16 =85 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 5 hour(s) i 20 minuts x 2 =10 hour(s) i 40 minuts Total workload for the subject: 4 x 30=120 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 24 hour(s) i 0 minuts Workload structure: 85 hour(s) i 20 minuts (cources), 10 hour(s) i 40 minuts (preparation), 24 hour(s) i 0 minuts (additional work) |
| Student obligations | Attendance at classes, active participation of students during classes, making seminars with presentations in classes. |
| Consultations | Attendance at classes, active participation of students during classes, making seminars with presentations in classes. |
| Literature | 1. Milović Nikola, Hrestomatija, Nacionalna Ekonomija Ekonomski fakultet, Podgorica 2024. godina; 2. Fabris Nikola, Makroekonomski model razvoja Crne Gore, izazovi, zablude i ostvarenja, CBCG, 2021. godina. https://www.cbcg.me/slike_i_fajlovi/fajlovi/fajlovi_publikacije/nase_knjige/nf_makroekonomski_model_cg.pdf 3. Devetaković S., Jovanović Gavrilović B., Rikalović B, Nacionalna ekonomija, udžbenik, CID, Beograd 2019; 4. Milović Nikola, Zajedničko tržište i politika konkurencije, Ekonomski fakultet, Podgorica, 2012. udzbenik. |
| Examination methods | 1. Milović Nikola, Hrestomatija, Nacionalna Ekonomija Ekonomski fakultet, Podgorica 2024. godina; 2. Fabris Nikola, Makroekonomski model razvoja Crne Gore, izazovi, zablude i ostvarenja, CBCG, 2021. godina. https://www.cbcg.me/slike_i_fajlovi/fajlovi/fajlovi_publikacije/nase_knjige/nf_makroekonomski_model_cg.pdf 3. Devetaković S., Jovanović Gavrilović B., Rikalović B, Nacionalna ekonomija, udžbenik, CID, Beograd 2019; 4. Milović Nikola, Zajedničko tržište i politika konkurencije, Ekonomski fakultet, Podgorica, 2012. udzbenik. |
| Special remarks | N/A |
| Comment | N/A |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / BUSINESS
| Course: | BUSINESS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38447 | Obavezan | 2, | 5 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | There are no prerequisites for registering and attending the course |
| Aims | The aim of this course is for students to understand and grasp business as a way of thinking and behaving. Specifically, the primary goal of the course is to enable students to understand the significance and role of business in the modern environment, as well as to acquire basic knowledge and key skills for starting and successfully managing their own business. The creation of new businesses, the discovery of new markets, and the enhancement of organizational efficiency can be achieved through innovation, which is a key determinant of competitive advantage in the modern age - this is also one of the objectives of the discipline. Based on this, students will have the opportunity to study the process of creating innovations, upon which new business ventures can be realized. The intention is for students to gain the key knowledge necessary for independently assessing business opportunities, evaluating their market potential, assessing their own (entrepreneurial) capabilities for business, and developing a business plan, thus creating the prerequisites for successful entrepreneurial management, not only in the context of smaller ventures but also within the economic realities of larger organizations. The ultimate goal is to make students aware of the importance of business and entrepreneurship for the development of the economy and society, and to encourage them to think critically, while fostering their own enthusiasm in this context. |
| Learning outcomes | After the student passes this exam, they will be able to: describe the basic categories of business (enterprise), by recognizing opportunities and critically developing awareness and personal enthusiasm for engaging in business; discuss the traits and characteristics of business owners (entrepreneurs) and identify the key tasks they perform; summarize the factors of the business environment, through the dimensions of national, regional, and global business, as well as cross-cultural specifics; distinguish the nature of business opportunities, sources of business ideas, methods for identifying opportunities, and ways of making business decisions; describe innovation as a determinant of business and analyze the resources necessary for business realization; describe the model for creating a business plan (the format and content for a specific idea or enterprise); classify general and specific models of business financing, as well as possible variants in business creation, through global and national practice. |
| Lecturer / Teaching assistant | Course professor: prof. Boban Melović, PhD; Teaching Assistants: Dragana Ćirović, MSc; Jovana Čabarkapa |
| Methodology | Explanations of theoretical postulates, case studies (both foreign and domestic), essays, debates, practical workshops (such as creating a business plan), class discussions, consultations, etc. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to Business – Basic Categories and Conceptual Definition of Business; The Nature of Business; Business as the Ability to Recognize Opportunities. |
| I week exercises | Introduction to Business – Basic Categories and Conceptual Definition of Business; The Nature of Business; Business as the Ability to Recognize Opportunities. |
| II week lectures | Analysis of the Business Environment; Global Dimensions of Business; Regional and Global Business Environment; Analysis of Key Business Sectors; The Role of the State in Developing (Stimulating) Business; Support for Business Development in Montenegro – A Comparative Analysis with Foreign Practices. |
| II week exercises | Analysis of the Business Environment; Global Dimensions of Business; Regional and Global Business Environment; Analysis of Key Business Sectors; The Role of the State in Developing (Stimulating) Business; Support for Business Development in Montenegro – A Comparative Analysis with Foreign Practices. |
| III week lectures | Tasks of Business Owners; Business Management; Entrepreneurial Management and Business Stakeholders; Classification (Types) of Business Owners (Entrepreneurs); Traits and Characteristics of Business Owners; Business Skills; Small Business; Entrepreneurship vs. Small Business. |
| III week exercises | Tasks of Business Owners; Business Management; Entrepreneurial Management and Business Stakeholders; Classification (Types) of Business Owners (Entrepreneurs); Traits and Characteristics of Business Owners; Business Skills; Small Business; Entrepreneurship vs. Small Business. |
| IV week lectures | Business Objectives; The Impact of Cultural Factors on Business; Cross-Cultural Specificities in Business Development; Business Network; Conflicts in Business. |
| IV week exercises | Business Objectives; The Impact of Cultural Factors on Business; Cross-Cultural Specificities in Business Development; Business Network; Conflicts in Business. |
| V week lectures | The Process of Initiating a Business; Factors for Business Realization; Business Process; Market Segmentation for Business Purposes; Traditional Career vs. Business (Entrepreneurial) Career; Myths (Misconceptions) about Business (Entrepreneurship). |
| V week exercises | The Process of Initiating a Business; Factors for Business Realization; Business Process; Market Segmentation for Business Purposes; Traditional Career vs. Business (Entrepreneurial) Career; Myths (Misconceptions) about Business (Entrepreneurship). |
| VI week lectures | Business Opportunity – The Nature of Business Opportunities; Business Idea vs. Business Opportunity; Innovation as a Determinant of Business; Sources of Business Ideas; Idea Generation; Methods and Techniques for Identifying and Analyzing Business Opportunities; Idea Analysis and Filtering. |
| VI week exercises | Business Opportunity – The Nature of Business Opportunities; Business Idea vs. Business Opportunity; Innovation as a Determinant of Business; Sources of Business Ideas; Idea Generation; Methods and Techniques for Identifying and Analyzing Business Opportunities; Idea Analysis and Filtering. |
| VII week lectures | Biznis i rizik; Donošenje odluka u biznisu; Proces inovacija; Vrste inovacija u biznisu; Poslovni (biznis) modeli inovacija; Prvi kolokvijum. |
| VII week exercises | Biznis i rizik; Donošenje odluka u biznisu; Proces inovacija; Vrste inovacija u biznisu; Poslovni (biznis) modeli inovacija; Prvi kolokvijum. |
| VIII week lectures | Resources as a Determinant of Business; Business Infrastructure; Organizing Business Activities; Changes as a Determinant of Business; Modern Forms of Business Organization. |
| VIII week exercises | Resources as a Determinant of Business; Business Infrastructure; Organizing Business Activities; Changes as a Determinant of Business; Modern Forms of Business Organization. |
| IX week lectures | Business Crisis – Causes, Consequences, and Possible Solutions; Types of Business Crises; Business Life Cycle; Business and Market – Relationship and Hierarchy. |
| IX week exercises | Business Crisis – Causes, Consequences, and Possible Solutions; Types of Business Crises; Business Life Cycle; Business and Market – Relationship and Hierarchy. |
| X week lectures | Measuring Business Success; Factors of (In)Success in New Business; Communication in Business; The Role of Human Resources Management in Business Venture Realization; Motivation (Reward System) in Business; Business and Social Responsibility – Business Results and Business Ethics; Control of Business Activities. |
| X week exercises | Measuring Business Success; Factors of (In)Success in New Business; Communication in Business; The Role of Human Resources Management in Business Venture Realization; Motivation (Reward System) in Business; Business and Social Responsibility – Business Results and Business Ethics; Control of Business Activities. |
| XI week lectures | Business Plan; Creating a Business Plan – Format and Content of the Business Plan; Training Students to Model (Simulate) a Business Plan, Preparation for National and International Competitions, etc. |
| XI week exercises | Business Plan; Creating a Business Plan – Format and Content of the Business Plan; Training Students to Model (Simulate) a Business Plan, Preparation for National and International Competitions, etc. |
| XII week lectures | Starting a Business; Choosing the Form of Business Ownership; Legal Aspects of Business Management; Marketing Aspects of Business; Business Positioning in the Market. |
| XII week exercises | Starting a Business; Choosing the Form of Business Ownership; Legal Aspects of Business Management; Marketing Aspects of Business; Business Positioning in the Market. |
| XIII week lectures | Business Financing; Business Financing Models (Business Ventures); Support for Business Development – Global and National Practices; Specific Business Development Models – Science and Technology Parks, Business Incubators, and Clusters; Specific Forms of Business – E-business; Family Business; Women in Business; Social Entrepreneurship and Business. |
| XIII week exercises | Business Financing; Business Financing Models (Business Ventures); Support for Business Development – Global and National Practices; Specific Business Development Models – Science and Technology Parks, Business Incubators, and Clusters; Specific Forms of Business – E-business; Family Business; Women in Business; Social Entrepreneurship and Business. |
| XIV week lectures | Possible Variants in Business Creation – Market Entry Strategies; Buying an Existing Business; Starting a New Business; Franchising as a Business Development Model; Outsourcing and Strategic Alliances in Business; Mergers and Acquisitions as a Business Growth Management Model; Benchmarking as a Business Development Strategy; Exiting a Business – Selling and/or Leaving the Business; Second Midterm Exam. |
| XIV week exercises | Possible Variants in Business Creation – Market Entry Strategies; Buying an Existing Business; Starting a New Business; Franchising as a Business Development Model; Outsourcing and Strategic Alliances in Business; Mergers and Acquisitions as a Business Growth Management Model; Benchmarking as a Business Development Strategy; Exiting a Business – Selling and/or Leaving the Business; Second Midterm Exam. |
| XV week lectures | Business and the New Economic Paradigm – Business, European Integration, Globalization, and Contemporary Trends; Specifics of Organizing Business for the International Market (International Business); Best Practices from Domestic and Global Business – Case Study Analysis. |
| XV week exercises | Business and the New Economic Paradigm – Business, European Integration, Globalization, and Contemporary Trends; Specifics of Organizing Business for the International Market (International Business); Best Practices from Domestic and Global Business – Case Study Analysis. |
| Student workload | Weekly: 5 credits x 40/30 = 6 hours 40 minutes; Structure: 1 hour 30 minutes for lectures; 1 hour 30 minutes for exercises; 3 hours 40 minutes of independent student work, including consultations. Per Semester: Total workload for the course: 5 x 30 = 150 hours; Structure: Classes and final exam: 6 hours 40 minutes x 16 weeks = 106 hours 40 minutes; Necessary preparations before the start of the semester (administration, enrollment, validation): 6 hours 40 minutes x 2 = 13 hours 20 minutes; Additional work for exam preparation and retake: 30 hours. |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes regularly and complete the planned midterms, essays, seminar papers, and practical assignments. |
| Consultations | |
| Literature | Required: Melović B., (2015), Entrepreneurship and Business, Reader, Faculty of Economics, Podgorica. Šunje A., Kurtović E., Veselinović Lj., (2020), Anatomy of Business – From Intention to Success, Selected Chapters, Faculty of Economics, Sarajevo. Class materials (authorized lectures) – selected parts of contemporary literature in the field of business and entrepreneurship. Supplementary (Optional): Paunović B., (2021), Entrepreneurship and Small Business Management, Publishing Center of the Faculty of Economics, Belgrade. Lajović D. and collaborators, (2012), Business, Reader, Faculty of Economics, Podgorica. Mitrović S., Melović B., (2017), Principles of Modern Management, Selected Chapters, Faculty of Technical Sciences, Novi Sad. |
| Examination methods | The grading rules for the course are aligned with the Rules of Study for undergraduate studies, as prescribed by the University of Montenegro (for more details, see www.ucg.ac.me). The grading structure is based on the following elements: Two midterm exams, each worth 25 points (2 X 25 = 50 points); Essays/Debates: 10 points; Business Plan: 10 points; Final Exam: 30 points; Total: 100 points In order to pass the exam, the student must accumulate a minimum of 50 points through the offered activities. |
| Special remarks | Comparative practice: University of Belgrade, Faculty of Economics, course Entrepreneurship and Small Business Management, http://www.ekof.bg.ac.rs/preduzetnistvo-i-upravljanje-malim-preduzecima/ University of Sarajevo, Faculty of Economics, course Introduction to Business, https://www.efsa.unsa.ba/ef/bs/poslovno-upravljanje-0 |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMICS OF FIRM
| Course: | ECONOMICS OF FIRM/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38445 | Obavezan | 2, | 7 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | This course is not conditioned by other courses. |
| Aims | Study the economics of the firm and understand the basic principles of the firms performances. |
| Learning outcomes | After attending the course and studying course material student will be able to: • recognize the subject of study of the economics of the firm course; • describe relation between economics of the firm and other scientific disciplines; • recognize factors of firm economics; • interpret the influence of the firm economics factors on decision-making; • differentiate elements of direct influence of environment to the firm economics; • differentiate elements of indirect influence of environment to the firm economics; • describe and recognize various types of firms; • describe basic elements of the firm and their mutual conditionality; • describe reproduction process; • differentiate types of reproduction; • interpret the problem of production factors combination; • calculate the depreciation of fixed assets by depreciation method based on time and based on use (activity); • describe the characteristics of production factors; • recognize relation between physical and economic lifetime of assets; • describe the systematization of costs from different point of views; • graffically illustrate and interpret different types of costs in total and average amounts; • describe the relation between marginal and variable costs; • describe the relation between marginal and average total cost; • interpret zones of total cost; • interpret zones of operating results; • describe and calculate significant break-even points in firm performances. |
| Lecturer / Teaching assistant | Jasmina Ćetković, PhD / Milan Raičević, MSc |
| Methodology | Lectures, tutorials, consultations, essays, seminar papers, etc. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Conceptual definition of the firm. Economics of the firm in the system of economic sciences. The relationship between economics of the firm and other scientific disciplines. |
| I week exercises | Conceptual definition of the firm. Economics of the firm in the system of economic sciences. The relationship between economics of the firm and other scientific disciplines. |
| II week lectures | The emergence and historical development of firm economics. Factors of firm economics. |
| II week exercises | The emergence and historical development of firm economics. Factors of firm economics. |
| III week lectures | Economic functions of the companies. Type of companies (businesses). |
| III week exercises | Economic functions of the companies. Type of companies (businesses). |
| IV week lectures | Reproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered). |
| IV week exercises | Reproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered). |
| V week lectures | Concept and types of firm production factors. Cost drivers in terms of production factors. A combination of production factors. Equal product curve. Equal cost curve. |
| V week exercises | Concept and types of firm production factors. Cost drivers in terms of production factors. A combination of production factors. Equal product curve. Equal cost curve. |
| VI week lectures | A combination of production factors – part II. Consumption of material. Labor costs. |
| VI week exercises | A combination of production factors – part II. Consumption of material. Labor costs. |
| VII week lectures | Cost of fixed assets. Depreciation of fixed assets. |
| VII week exercises | Cost of fixed assets. Depreciation of fixed assets. |
| VIII week lectures | Costs as a form of investments in reproduction process. |
| VIII week exercises | Costs as a form of investments in reproduction process. |
| IX week lectures | Systematization of costs. Dynamics of costs – introduction. |
| IX week exercises | Systematization of costs. Dynamics of costs – introduction. |
| X week lectures | Dynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs. |
| X week exercises | Dynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs. |
| XI week lectures | Dynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost. |
| XI week exercises | Dynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost. |
| XII week lectures | Test. |
| XII week exercises | Test. |
| XIII week lectures | Zones in dynamics of costs. Zones of business results. |
| XIII week exercises | Zones in dynamics of costs. Zones of business results. |
| XIV week lectures | Corrective test. |
| XIV week exercises | Corrective test. |
| XV week lectures | Profit optimization. Significant break-even points in firm performances. |
| XV week exercises | Profit optimization. Significant break-even points in firm performances. |
| Student workload | Per week - 9 hours and 20 minutes Structure: 2 hours and 15 minutes for lectures 1 hour and 30 minutes for exercise classes 5 hours and 35 minutes of student independent work, including consultations. Per semester - 210 hours Structure: Teaching and final exam: 9 hours and 20 minutes x 16 weeks = 149 hours and 20 minutes Necessary preparations before the beginning of the semester (administration, enrollment, certification): 9 hours and 20 minutes x 2 = 18 hours and 40 minutes Additional work for preparation and taking the exam in the correctional period: 42 hours. |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are obliged to attend lectures and do tests. |
| Consultations | For additional information you can contact teachers by e-mail – Jasmina Ćetković jasmina@ucg.ac.me (room 307), Milan Raičević – milan.raicevic@ucg.ac.me (room 410), in person, before or after lectures, as well as at regular consultation time. |
| Literature | - Prof. dr Ljubica Komazec, Dr Slavica Tomić, Prof. dr Klara Jakovčević „Ekonomika preduzeća“, Ekonomski fakultet Subotica, 2018. god. - Blagoje Paunović „Ekonomika preduzeća – preduzeće, okruženje i ulaganja“, Ekonomski fakultet Univerziteta u Beogradu, 2022. god. - http://web.ebscohost.com (access from the Library of the Faculty of Economics Podgorica) |
| Examination methods | Test – 50 points Active participation in classes – 10 points Final exam – 40 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / STATISTICS
| Course: | STATISTICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38446 | Obavezan | 2, | 7 | 3+3+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 3 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / PRINCIPLES OF MANAGEMENT
| Course: | PRINCIPLES OF MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38448 | Obavezan | 2, | 7 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | The aim of the course is to acquaint students with modern concepts of management, and deepen their knowledge of managerial roles, techniques, methods, and functions, strengthen critical thinking and problem-solving skills, especially through the prism of challenges generated by the global environment. |
| Learning outcomes | After the student passes this exam, he/she will be able to: understand the role and importance of management in profit and non-profit organizations, distinguish managerial skills and knowledge, roles and concepts, distinguish the contribution of different authors in the evolution of management as a scientific discipline, recognize different cultural determinants of management in a global environment, identify various aspects of the company’s environment and the impact of the environment on managerial decision-making, explain the importance of specific managerial skills in relation to the management hierarchy, identify the importance of planning, organizing, leading and controlling functions in the management process, create the vision, mission and goals of the specific company, explain, analyse and critically evaluate the importance of different management theories in the conditions of modern business, distinguish basic models of organizational structure, as well as common trends in the field of organizational solutions, analyse and critically evaluates managerial practice in a certain company, while giving suggestions for improvement by introducing appropriate management methods and concepts, analyse and critically evaluates the process of leadership and motivation in a certain company, explain and analyse different control mechanisms within the management process, define the concepts of managerial ethics and social responsibility with an understanding of the advantages and disadvantages of applying corporate social responsibility in the context of business results, understand the importance of decision-making and change management in the context of organizational development, explain and understand modern concepts and approaches in management, delegate tasks in the group and works effectively in the circumstances of teamwork as a member on one hand and as a leader on the other hand, use modern methods to overcome obstacles in communication, as well as to resolve conflict situations, work under pressure and solves emerging problems efficiently. |
| Lecturer / Teaching assistant | Assistant Professor Ivan Radević, Nikola Drašković, Jovana Čabarkapa |
| Methodology | Lectures, exercises, group work, research, essay writing, practical work… |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction, preparation and semester enrollment |
| I week exercises | Introduction, preparation and semester enrollment |
| II week lectures | Terminology and definition of management and managers. |
| II week exercises | Terminology and definition of management and managers. |
| III week lectures | The History of Management. |
| III week exercises | The History of Management. |
| IV week lectures | Organizational Environments and Cultures. Ethics and Social Responsibility. |
| IV week exercises | Organizational Environments and Cultures. Ethics and Social Responsibility. |
| V week lectures | Planning and Decision-Making. |
| V week exercises | Planning and Decision-Making. |
| VI week lectures | Organizational Strategy. Innovation and Change. |
| VI week exercises | Organizational Strategy. Innovation and Change. |
| VII week lectures | Global Management. Designing Adaptive Organizations. |
| VII week exercises | Global Management. Designing Adaptive Organizations. |
| VIII week lectures | Managing Teams and Managing Human Resource Systems. |
| VIII week exercises | Managing Teams and Managing Human Resource Systems. |
| IX week lectures | Midterm exam |
| IX week exercises | Midterm exam |
| X week lectures | Managing Individuals and a Diverse Workforce. Motivation. |
| X week exercises | Managing Individuals and a Diverse Workforce. Motivation. |
| XI week lectures | Group activity – presentation of research |
| XI week exercises | Group activity – presentation of research |
| XII week lectures | Make-up midterm exam |
| XII week exercises | Make-up midterm exam |
| XIII week lectures | Leadership. Managing Communication. |
| XIII week exercises | Leadership. Managing Communication. |
| XIV week lectures | Basics of controlling, new concepts, and management approaches. |
| XIV week exercises | Basics of controlling, new concepts, and management approaches. |
| XV week lectures | Managing Information and Managing Service and Manufacturing Operations. |
| XV week exercises | Managing Information and Managing Service and Manufacturing Operations. |
| Student workload | Weekly: 9 hours and 20 minutes, Structure: 1) Lectures: 2 hours and 15 minutes, 2) Exercises: 1 hour and 30 minutes, 3) Independent student work (including consultations): 5 hours and 35 minutes, Semester Total: 210 hours, Structure: 1) Classes and final exam: 9 hours and 20 minutes x 16 weeks = 149 hours and 20 minutes, 2) Necessary preparations before the start of the semester (administration, enrollment, verification): 9 hours and 20 minutes x 2 = 18 hours and 40 minutes, 3) Additional work for exam preparation and taking the make-up exam: 42 hours. |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | The student is required to attend lectures and exercises and to complete planned activities. |
| Consultations | At the scheduled times published on the website. |
| Literature | Primary literature: Osnovna literatura: Williams, C. (2021). MGMT: Principles of Management. Cengage. Boston, MA 02210, USA. Mašič, B., Dželetović M. (2021) Uvod u menadžment – principi, proces i koncepti. Univerzitet u Beogradu – Inovacioni centar Fakulteta bezbednosti, Akademska misao – Beograd, Srbija. Rupčić, N. (2018). Suvremeni menadžment – teorija i praksa. Ekonomski fakultet, Sveučilišta u Rijeci. Hrvatska. Williams, C. (2022). Principi menadžmenta - MGMT. DATA STATUS. Beograd, Srbija. Additional literature: Robbins, S. P., Coulter, M. & Decenzo, D. A. (2020). Fundamentals of Management. Pearson. Harlow, England. Lussier, R. N. (2021). Management Fundamentals – Concepts – Applications – Skill Development. SAGE. Thousand Oaks, California. USA. Certo, S. C. & Certo. S. T. (2019). Modern Management – Concept and Skills. Harlow, United Kingdom. Griffin, R. W. (2019). Fundamentals of Management. Cengage. Boston, MA 02210, USA. |
| Examination methods | Midterm exam - 30 points, Activities (management in practice, individual and group activities, presentations) - 30 points, Final exam - 40 points. |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ACCOUNTING
| Course: | ACCOUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 40167 | Obavezan | 2, | 7 | 3+4+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 4 excercises 2 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / STATISTICS
| Course: | STATISTICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 40168 | Obavezan | 2, | 7 | 3+3+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 3 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / FOREIGN LANGUAGE - ENGLISH
| Course: | FOREIGN LANGUAGE - ENGLISH/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38454 | Obavezan | 3, | 4 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | The course aims to help students improve their abilities to read and understand business texts in English, to increase their comprehension of spoken business and academic English, to strengthen their speaking and presentation skills, and help them engage more effectively in a number of business-related discussions and interviews, to assist them in developing some basic writing skills necessary both for their studies and future profession (such as note-taking, CV and cover letter writing) and, generally, to enrich their business English vocabulary at B2 level. To this end, a number of authentic texts, audio, and video materials are used accompanied by a range of communicative activities enabling better comprehension of the topic and use of business terms as well as encouraging students to take an active part in class discussions and conduct additional research on their own. |
| Learning outcomes | By the end of this course, students will be able to: 1. Make effective use of basic business terminology and appropriate grammar while discussing, listening and reading about topics of relevance to the education business, IT solutions, QA, managing people and projects, viral marketing, self-financing and start-ups, accounting, and free and fair trade; 2. Make effective use of key EAP vocabulary; 3. Give an effective presentation in English on an idea, person or concept important for the business industry illustrating it with specific examples and cases; 4. Prepare a CV in Europass format and a motivation letter for the purpose applying for a student exchange mobility or job opening. |
| Lecturer / Teaching assistant | Doc. dr Petar Božović; Maja Milanović, lectrice |
| Methodology | Introduction to subject areas, discussions, individual, pair and group work, presentations |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to Business English; Introduction to the course requirements and contents |
| I week exercises | Introduction to the course requirements and contents |
| II week lectures | Building a career 1 |
| II week exercises | Building a career 2 |
| III week lectures | Information systems and communication Types of sentence structures |
| III week exercises | Writing a CV in Europass format |
| IV week lectures | Quality and standards Paragraph structure |
| IV week exercises | Writing paragraphs (practice) |
| V week lectures | Managing people and projects Writing cover letters |
| V week exercises | Writing cover letters (practice) |
| VI week lectures | Viral marketing |
| VI week exercises | Progress test 1 |
| VII week lectures | Self-financing and start-ups Writing business emails |
| VII week exercises | Writing business emails (practice) |
| VIII week lectures | Financial control Giving presentations 1 |
| VIII week exercises | Giving presentations 2 |
| IX week lectures | Fair trade and free trade |
| IX week exercises | Progress test 2 |
| X week lectures | Student presentations 1 |
| X week exercises | Student presentations 1 |
| XI week lectures | Student presentations 2 |
| XI week exercises | Student presentations 2 |
| XII week lectures | Student presentations 3 |
| XII week exercises | Student presentations 3 |
| XIII week lectures | Midterm exam |
| XIII week exercises | Midterm exam |
| XIV week lectures | Makeup midterm exam |
| XIV week exercises | Makeup midterm exam |
| XV week lectures | End-of-course revision |
| XV week exercises | End-of-course revision |
| Student workload | |
| Per week | Per semester |
| 4 credits x 40/30=5 hours and 20 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
5 hour(s) i 20 minuts x 16 =85 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 5 hour(s) i 20 minuts x 2 =10 hour(s) i 40 minuts Total workload for the subject: 4 x 30=120 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 24 hour(s) i 0 minuts Workload structure: 85 hour(s) i 20 minuts (cources), 10 hour(s) i 40 minuts (preparation), 24 hour(s) i 0 minuts (additional work) |
| Student obligations | Regular attendance and informed participation, homework assignment submissions, presentations, progress tests, midterm and final exams. |
| Consultations | By appointment. |
| Literature | Allison, John, Jeremy Townend and Paul Emmerson. 2013. The Business 2.0 - Upper intermediate Students Book. Macmillan. Murphy, Raymond. 2019. English Grammar in Use – Fifth Edition. Cambridge University Press. Additional handouts and audiovisual materials will be provided during the classes and on the Moodle platform. |
| Examination methods | Homework assignments (CV in Europass format, Motivation letter, other) – 10 points Tests – 2x 15 points Midterm exam – 30 points Final exam – 30 points |
| Special remarks | This course is offered in English language only. |
| Comment | Students will be given detailed information about the course and requirements during the first week. It is preferred to organize classes in groups not larger than 30 students. The final exam is oral. In case of smaller groups, the assessment section can be slightly adjusted to include more activities and better accomodate the needs of the group. |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMIC SYSTEM
| Course: | ECONOMIC SYSTEM/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38452 | Obavezan | 3, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / DEVELOPMENT OF ECONOMIC THOUGHT
| Course: | DEVELOPMENT OF ECONOMIC THOUGHT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38453 | Obavezan | 3, | 6 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ACCOUNTING
| Course: | ACCOUNTING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38450 | Obavezan | 3, | 7 | 3+4+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 4 excercises 2 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / MICROECONOMICS
| Course: | MICROECONOMICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38451 | Obavezan | 3, | 7 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | The main objective of this course is to help students to understand standard topics of traditional microeconomics theory such as basic of supply and demand, consumers behavior, production, cost of productions, market structure, game theory, etc. The intention is to enable students to learn basic terminology and analytic tools from the microeconomics and acquire the knowledge and intuition to discus about basic economics problems. |
| Learning outcomes | After passing the exam, students are expected to be able to - correctly define basic terms from microeconomics - explain how the market works and how equilibrium prices and quantities are formed - analyze and interpret consumer behavior and determine the consumers choice - analyze and explain the behavior of producers in different market structures - resolve conflict situations in a more simple way |
| Lecturer / Teaching assistant | Associate Professor Zdenka Dragašević, lecturer Dženana Đurković, teaching assistant |
| Methodology | Lectures and exercises with a lot of fresh, realistic and truly useful examples that could vividly demonstrate modern microeconomic theory at work. It is preferred that students are engaged in discussion, work they assignments on the board and ask a questions. It is provided a test and a final exam. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction: markets and prices. |
| I week exercises | Introduction: markets and prices. |
| II week lectures | The basic of supply and demand |
| II week exercises | The basic of supply and demand |
| III week lectures | Consumer behavior |
| III week exercises | Consumer behavior |
| IV week lectures | Example: Consumer’s optimal point Individual and market demand - income effect and substitution effect |
| IV week exercises | Example: Consumer’s optimal point Individual and market demand - income effect and substitution effect |
| V week lectures | Individual and market demand - Market demand, network externalities Example: Income and substitution effects |
| V week exercises | Individual and market demand - Market demand, network externalities Example: Income and substitution effects |
| VI week lectures | Example: Income and substitution effects Production - Production with one variable input |
| VI week exercises | Example: Income and substitution effects Production - Production with one variable input |
| VII week lectures | Production - Production with two variable inputs Example: One-factor production function |
| VII week exercises | Production - Production with two variable inputs Example: One-factor production function |
| VIII week lectures | Example: Two-factor production function |
| VIII week exercises | Example: Two-factor production function |
| IX week lectures | The cost of production - Cost in short run The cost of production - Cost in long run Colloquium (material ending with 8th week of teaching), 23rd November 2024 |
| IX week exercises | The cost of production - Cost in short run The cost of production - Cost in long run Colloquium (material ending with 8th week of teaching), 23rd November 2024 |
| X week lectures | Profit maximization and competitive supply - Short run choice of production Profit maximization and competitive supply - Long run choice of production |
| X week exercises | Profit maximization and competitive supply - Short run choice of production Profit maximization and competitive supply - Long run choice of production |
| XI week lectures | Example: The analysis of competitive markets The remedial colloquium, 7th December 2024 |
| XI week exercises | Example: The analysis of competitive markets The remedial colloquium, 7th December 2024 |
| XII week lectures | Market power: Monopoly Pricing with market power Game theory and competitive strategy - Elements of games, dominant strategy Game theory and competitive strategy - Sequential games, entry deterrence |
| XII week exercises | Market power: Monopoly Pricing with market power Game theory and competitive strategy - Elements of games, dominant strategy Game theory and competitive strategy - Sequential games, entry deterrence |
| XIII week lectures | Monopolistic competition and oligopoly - Part I Monopolistic competition and oligopoly - Part II |
| XIII week exercises | Monopolistic competition and oligopoly - Part I Monopolistic competition and oligopoly - Part II |
| XIV week lectures | Markets for factor inputs - Equilibrium in a competitive factor market Factor markets with monopsony and monopoly power Asymmetrical information and moral hazard |
| XIV week exercises | Markets for factor inputs - Equilibrium in a competitive factor market Factor markets with monopsony and monopoly power Asymmetrical information and moral hazard |
| XV week lectures | The final exam |
| XV week exercises | The final exam |
| Student workload | |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 4 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are recommend to attend classes and do assignments and tests. |
| Consultations | After lectures and exercises. |
| Literature | Textbook: Microeconomics (2013), R.Pindyck, D.Rubinfeld, MATE, Zagreb Recommended References books: Microeconomics-modern approach, H.Varijan, Ekonomski fakultet, Beograd |
| Examination methods | The exam consists of a colloquium and a final exam. Colloquium (3 graphics with explanation, assignment) - 40 points Homework, quiz tests, presentation of firm, debates - 10 points Final exam (4 graphics with explanations, 10 short questions) - 50 points The student has the right to a remedial colloquium as well as a remedial final exam. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / PRINCIPLES OF STRATEGIC MARKETING
| Course: | PRINCIPLES OF STRATEGIC MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38455 | Obavezan | 4, | 6 | 3+22+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 22 excercises -17 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / FINANCIAL AND ACTUARIAL MATHEMATICS
| Course: | FINANCIAL AND ACTUARIAL MATHEMATICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38456 | Obavezan | 4, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | There are no prerequisites for this course. |
| Aims | The course aims to equip students with the ability to understand the basic definitions, statements, principles, and methods of Financial Mathematics, which are widely used in economics, such as in Financial Management, Securities, Banking, Insurance, and more. |
| Learning outcomes | After completing this course, the student will be able to: 1. Define simple and compound proportion, division of a given quantity, weighted arithmetic mean, and apply percentage calculations in solving business mathematics problems. 2. Define anticipative and degressive interest calculation methods, nominal, relative, and conforming interest rates, and apply these concepts in determining the prices of financial instruments on the money market. 3. Determine annuities and create repayment plans for consumer and investment loans. 4. Apply the principle of equivalence and methods of discounting and deferral in evaluating investment profitability, as well as in valuing long-term bonds, stocks, and derivatives. 5. Calculate the discount factor with a variable interest rate, apply it to periodic deposits and annuities, and compare it with discount factors in discrete and continuous cases with a constant interest rate. 6. Calculate the discount factor in an actuarial-technical sense, define biometric functions, and apply financial mathematics and probability in solving basic actuarial mathematics problems. 7. Describe types of life insurance and calculate net and gross premiums for each. |
| Lecturer / Teaching assistant | Vladimir Kašćelan, PhD; Saša Vujošević, PhD Teaching Assistants: Tanja Mirotić, MSc; Milan Raičević, MSc |
| Methodology | The course will be conducted through traditional lectures and exercises, with discussions and explanations during the lectures. Short oral assessments will be used to check students understanding and knowledge, along with active student participation in problem-solving. There will be a midterm exam (focused on problem-solving) and a final exam (theoretical part). |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Classical business mathematics calculations: division calculation, proportion, mixture calculation, percentage calculation. Application: Depreciation of fixed assets. |
| I week exercises | Classical business mathematics calculations: division calculation, proportion, mixture calculation, percentage calculation. Application: Depreciation of fixed assets. |
| II week lectures | Concept of Time Value of Money – Principle of Equivalence. Interest calculation – anticipative and degressive interest calculation methods. Equivalent interest rates. Simple and compound interest calculation. Discounting and accumulation methods. |
| II week exercises | Concept of Time Value of Money – Principle of Equivalence. Interest calculation – anticipative and degressive interest calculation methods. Equivalent interest rates. Simple and compound interest calculation. Discounting and accumulation methods. |
| III week lectures | Nominal, relative, and conforming interest rates. Discounting of bill of exchange. Determining the prices of financial instruments on the money market. |
| III week exercises | Nominal, relative, and conforming interest rates. Discounting of bill of exchange. Determining the prices of financial instruments on the money market. |
| IV week lectures | Consumer loans. Periodic payments and withdrawals – periodic deposit calculations and annuity calculations. Investment loans. |
| IV week exercises | Consumer loans. Periodic payments and withdrawals – periodic deposit calculations and annuity calculations. Investment loans. |
| V week lectures | Loan conversion. Intercalary interest. Investment profitability analysis. |
| V week exercises | Loan conversion. Intercalary interest. Investment profitability analysis. |
| VI week lectures | Valuation of long-term bonds. Determining the value of stocks. |
| VI week exercises | Valuation of long-term bonds. Determining the value of stocks. |
| VII week lectures | General theory of interest rates – effective and nominal interest rates. Theorem of the accumulation factor. |
| VII week exercises | General theory of interest rates – effective and nominal interest rates. Theorem of the accumulation factor. |
| VIII week lectures | Present value of discrete and continuous cash flows. Internal Rate of Return (IRR). Comparison of two investment projects. |
| VIII week exercises | Present value of discrete and continuous cash flows. Internal Rate of Return (IRR). Comparison of two investment projects. |
| IX week lectures | Effective interest rate on loans and deposits. Case of different active and passive interest rates. DPP – Discounted Payback Period. Impact of inflation. |
| IX week exercises | Effective interest rate on loans and deposits. Case of different active and passive interest rates. DPP – Discounted Payback Period. Impact of inflation. |
| X week lectures | Financial Derivatives – Forwards, Futures, Swaps, and Options. |
| X week exercises | Financial Derivatives – Forwards, Futures, Swaps, and Options. Midterm exam. |
| XI week lectures | Basic Concepts of Probability Theory – Review. Introduction to Actuarial Mathematics. Biometric Functions. Mortality Intensity. Mean and Probable Life Expectancy. |
| XI week exercises | Basic Concepts of Probability Theory – Review. Introduction to Actuarial Mathematics. Biometric Functions. Mortality Intensity. Mean and Probable Life Expectancy. Practical Exercises in the Computer Lab. |
| XII week lectures | Single-Premium Annuity Insurance. Single-Premium Capital Insurance – Endowment, Death, and Mixed Insurance. |
| XII week exercises | Single-Premium Annuity Insurance. Single-Premium Capital Insurance – Endowment, Death, and Mixed Insurance. Remedial midterm exam. |
| XIII week lectures | Fixed-Term Capital Insurance. Installment Annuity. |
| XIII week exercises | Fixed-Term Capital Insurance. Installment Annuity. |
| XIV week lectures | Insurance with Premiums. Installment Premium. |
| XIV week exercises | Insurance with Premiums. Installment Premium. |
| XV week lectures | Gross Premium Calculation. Review of Material. |
| XV week exercises | Gross Premium Calculation. Review of Material. |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes. |
| Consultations | Consultations are held after each lecture and exercise session. |
| Literature | Compulsory literature: B. Laković V. Kašćelan Privredna i finansijska matematika, II izdanje, Poslovna škola- Ekonomski fakultet Podgorica, 1997. V.Kašćelan S. Vujošević Finansijska i aktuarska matematika Zbirka zadataka, Univerzitet Crne Gore, Podgorica, 2023 e-izdanje Additional literature: 1. J. Kočović M. Pavlović Uvod u finansijsku matematiku, Ekonomski fakultet Beograd, 2010. 2. V. Kašćelan M. Novović Osiguranje i aktuarska matematika, Ekonomski fakultet Podgorica, 2009. 3. J.J. McCutcheon, W.F. Scott, An Introduction to Mathematics of Finance, Institute of Actuaries (Great Britain), Heinemann,1986. 4. Wai-Sum Chan Yiu-Kuen Tse Financial mathematics for Actuaries, Word Scientific, 2nd ed. Singapore, 2018 |
| Examination methods | Midterm exam - 40 points Final exam - 50 points Quiz - 2.5 points Homework - 2.5 points Practical exam - 5 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / MACROECONOMICS
| Course: | MACROECONOMICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38457 | Obavezan | 4, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | n.a |
| Aims | Aim of studying the course: Students will learn about the functioning of the aggregate economy, starting with basic aggregate data measurements and concepts, followed with the classical macro equilibrium for an open economy. Both short and long run view of the economy is studied, followed by analysis of economic policy interventions. Students will learn to analyse macroeconomic variables applying mathematical and econometric models |
| Learning outcomes | Upon completion of the course, the student will acquire the knowledge and skills to: Measure (quantify) the value of basic macroeconomic aggregates; Show knowledge and understanding of the basic analytical concepts that are essential for understanding the global macro economy; Assess the impact of macroeconomic developments in the country on selected variables; Analyses the impact of macroeconomic policy measures on income, employment and inflation; Explain the effect of changes in international markets (commodity and financial markets) on the national economy. |
| Lecturer / Teaching assistant | Dr Maja Bacovic, Full Professor |
| Methodology | Lectures, tests, research work |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction; defining basic macroeconomic problems, basic macroeconomic variables and indicators |
| I week exercises | Introduction; defining basic macroeconomic problems, basic macroeconomic variables and indicators |
| II week lectures | Economics in the short run; commodity markets and financial markets, IS-LM model |
| II week exercises | Economics in the short run; commodity markets and financial markets, IS-LM model |
| III week lectures | Economy in the medium run - The labour market |
| III week exercises | Economy in the medium run - The labour market |
| IV week lectures | AS-AD model |
| IV week exercises | AS-AD model |
| V week lectures | Natural unemployment rate and Phillips curve |
| V week exercises | Natural unemployment rate and Phillips curve |
| VI week lectures | Economy in the long run - Sources of growth and theories of growth |
| VI week exercises | Economy in the long run - Sources of growth and theories of growth |
| VII week lectures | Savings, capital accumulation and GDP |
| VII week exercises | Savings, capital accumulation and GDP |
| VIII week lectures | Technological progress and growth |
| VIII week exercises | Technological progress and growth |
| IX week lectures | Test (Examination) |
| IX week exercises | Test (Examination) |
| X week lectures | Expectations (financial markets, personal consumption, investments, GDP) |
| X week exercises | Expectations (financial markets, personal consumption, investments, GDP) |
| XI week lectures | Open economy; balance of payments |
| XI week exercises | Open economy; balance of payments |
| XII week lectures | Open economy: goods markets, output, interest rates and exchange rates |
| XII week exercises | Open economy: goods markets, output, interest rates and exchange rates |
| XIII week lectures | Fiscal policy |
| XIII week exercises | Fiscal policy |
| XIV week lectures | Monetary policy |
| XIV week exercises | Monetary policy |
| XV week lectures | Theories and debates in macroeconomics |
| XV week exercises | Theories and debates in macroeconomics |
| Student workload | 6 |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Lectures, tests, research work |
| Consultations | Monday (12-13h) |
| Literature | Olivier Blanchard. (2018). Macroeconomics, Global Edition, 7th Edition. Pearson |
| Examination methods | Written exams and research papers |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / PRINCIPLES OF MARKETING
| Course: | PRINCIPLES OF MARKETING/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38458 | Obavezan | 4, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | There is no conditionality for registering and listening to the subject |
| Aims | The main goal of the course is to educate students to master the concept and logic of marketing, both with theoretical and aspect of practical application, in the conditions of modern market economy. The intention is to make students familiar with the principles of modern marketing and to make them understand its role in the time of the global economy. Therefore, in addition to explaining the essence of the marketing concept, i.e. the role of marketing in the modern age, the discipline includes the analysis of current marketing trends, market analysis through segmentation, targeting and positioning, analysis of marketing research and consumer behavior, as well as the creation of a marketing mix in modern business conditions. Additionally, by studying this subject, students will acquire skills related to the creation of a marketing strategy in modern conditions. Besides of that, students have the opportunity to learn about the special application of marketing, i.e. modern marketing concepts. The ultimate goal is to make students master the principles, logic and skills of marketing, i.e. to enable students to, based on the acquired knowledge and skills, apply a long-term sustainable orientation towards consumers in organizations. |
| Learning outcomes | After the student passes this exam, he/she will be able to: Understand the role of the marketing concept in the modern business environment; Explain modern changes in marketing; Analyze the impact of the micro and macro environment on marketing decision-making; Understand and plan marketing research activities; Explain the key factors that determine consumer behavior; Explain the elements of marketing mix; Indicate the importance of brand identity elements; |
| Lecturer / Teaching assistant | Professor: PhD Boban Melović dr Sunčica Vuković, Milica Damjanović |
| Methodology | Explications of theoretical postulates, case studies (foreign and domestic), essays, debates, practical workshops, class discussions, consultations, etc. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Business philosophy of marketing - marketing as a concept |
| I week exercises | Business philosophy of marketing - marketing as a concept |
| II week lectures | New era of Marketing - contemporary changes in marketing |
| II week exercises | New era of Marketing - contemporary changes in marketing |
| III week lectures | Market and marketing - segmentation, targeting and positioning |
| III week exercises | Market and marketing - segmentation, targeting and positioning |
| IV week lectures | Marketing environment |
| IV week exercises | Marketing environment |
| V week lectures | Marketing research; Marketing Information System (MIS) |
| V week exercises | Marketing research; Marketing Information System (MIS) |
| VI week lectures | Consumer behavior |
| VI week exercises | Consumer behavior |
| VII week lectures | Market analysis and marketing decision-making |
| VII week exercises | Market analysis and marketing decision-making |
| VIII week lectures | Marketing mix; Colloquium |
| VIII week exercises | Marketing mix; Colloquium |
| IX week lectures | Product as a marketing instrument; New product |
| IX week exercises | Product as a marketing instrument; New product |
| X week lectures | Price |
| X week exercises | Price |
| XI week lectures | Marketing (distribution) channels |
| XI week exercises | Marketing (distribution) channels |
| XII week lectures | Promotion - Integrated marketing communications |
| XII week exercises | Promotion - Integrated marketing communications |
| XIII week lectures | International (global) marketing |
| XIII week exercises | International (global) marketing |
| XIV week lectures | Brand management |
| XIV week exercises | Brand management |
| XV week lectures | Trends in marketing. Marketing and the new economic paradigm. The best cases from domestic and international business practice - case study analysis. |
| XV week exercises | Trends in marketing. Marketing and the new economic paradigm. The best cases from domestic and international business practice - case study analysis. |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to regularly attend classes and participate in activities during the teaching process - colloquium, practical workshops, discussions, final exam. |
| Consultations | In the term available on the website of the faculty. |
| Literature | Mihailović, B., (2013), Marketing, selected parts, CPI, Podgorica. Melović, B., Pavičić, J., Gnjidić, V., Drašković N., (2019), Strategic marketing, selected parts, Faculty of Economics Podgorica, Faculty of Economics Zagreb. Kotler et al., (2016), Principles of Marketing, selected parts, MATE, Belgrade. Kotler, Ph., Keller, K. L. Marketing Management, Selected Parts, Pearson, 2015. Material from lectures (authorized lectures) - selected parts of contemporary literature in the field of marketing. |
| Examination methods | The rules assessment of the course are aligned with the Rules of study at the undergraduate level prescribed by the University of Montenegro (see more on www.ucg.ac.me). Assessment structure formed on the basis of the following elements: 1. Colloquium (40 points) 2. Activity (20 points) 3. Final exam (40 points) Total 100 points In order to pass the exam, the student needs to cumulatively collect a minimum of 50 points through the offered forms of activity. |
| Special remarks | - |
| Comment | - |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / INTERNATIONAL ECONOMICS
| Course: | INTERNATIONAL ECONOMICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38459 | Obavezan | 4, | 6 | 13+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | Explain to students the development trends in the international economy (trade, finance and regional integration) in theory and practice. |
| Learning outcomes | Upon completion of this course, students will be able to: - Recognize the causes of international trade, the effects of trade, as well as the distribution of effects on the domestic and international level. - Examine various instruments of trade policy and the consequences of their application (tariffs and quantitative restrictions) - Explain the functioning of the international financial market - Understand the motives that lead to increased international integration and regional integration, as well as the arguments resistance to it. - Develop analytical skills that will help them to apply the theoretical knowledge acquired in practice and analysis of various problems from the international economy. |
| Lecturer / Teaching assistant | Full Professor Danijela Jaćimović, lecturer Dženana Đurković, teaching assistant |
| Methodology | Lectures, exercises, case studies, seminars/essays, discussions. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to international economy and effects on economic growth |
| I week exercises | Introduction to international economy and effects on economic growth |
| II week lectures | Classical models of foreign trade |
| II week exercises | Classical models of foreign trade |
| III week lectures | HOS theory |
| III week exercises | HOS theory |
| IV week lectures | Contemporary theories of foreign trade |
| IV week exercises | Contemporary theories of foreign trade |
| V week lectures | Tariff and non-tariff trade restrictions |
| V week exercises | Tariff and non-tariff trade restrictions |
| VI week lectures | Institutional forms of regulation of international trade |
| VI week exercises | Institutional forms of regulation of international trade |
| VII week lectures | International monetary system-history |
| VII week exercises | International monetary system-history |
| VIII week lectures | International monetary system-present and future |
| VIII week exercises | International monetary system-present and future |
| IX week lectures | International movement of capital and MNC and balance of payments |
| IX week exercises | International movement of capital and MNC and balance of payments |
| X week lectures | Test |
| X week exercises | Test |
| XI week lectures | Economic integration: customs unions and free trade zones |
| XI week exercises | Economic integration: customs unions and free trade zones |
| XII week lectures | History of economic integration attempts: EU, NAFTA, MERCOSUR, ASEAN |
| XII week exercises | History of economic integration attempts: EU, NAFTA, MERCOSUR, ASEAN |
| XIII week lectures | Origin and effects of European integration |
| XIII week exercises | Origin and effects of European integration |
| XIV week lectures | Origin and effects of European integration |
| XIV week exercises | Origin and effects of European integration |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
13 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises -7 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Attendance at lectures and exercises, test, homework, essays, summaries. |
| Consultations | After lectures and exercises. |
| Literature | 1. D. Salvatore, International Economics, Wailey, 2022 (13 edition) 2. J. Geber, International Economics, Pearson Education Limited 2018 3. Ali M. El-Agraa, The Europen Union, Cambridge University Press 2018 4. R. Baldwin and C. Wyplosz, The Economics of European Integration, McGraw-Hill, Education, 2019. |
| Examination methods | Test, seminars/essays and final exam. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMETRICS
| Course: | ECONOMETRICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38462 | Obavezan | 5, | 5 | 2+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 2 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMIC DEVELOPMENT
| Course: | ECONOMIC DEVELOPMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38460 | Obavezan | 5, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | / |
| Aims | Studying the theory, politics and planning of the economic development of modern economic systems, with with special reference to the economic and development policy in Montenegro |
| Learning outcomes | Upon completion of the "Economic Development" course, the student: • Knows and understands the problems and concepts of economics growth and economic development, theories of economic development, goals, indicators, factors and strategies of economic of development • Knows and understands the development policy of modern market economies, the development function of the key ones economic policies (monetary, fiscal, foreign trade, environmental, innovative), as well as the system macroeconomic management and development planning • Has knowledge and understanding of economic development Montenegro through its development periods and critically analyzes the internal and external limitations of the contemporary of primary development of the country and region • Applies acquired knowledge from the theory and policy of economic development on the analysis of the development model and development policy in Montenegro • Has knowledge and understanding of the process European economic integration of Montenegro as a framework for conducting development policy; understands the significance adjustment of macroeconomic management to the model of supranational economic coordination politics as it functions in the EU; • Understands the process and reasons for joining the EU and approaches it critically observing changes in that process in relation to the development performance of the economy (advantages and costs integration into the EU macrosystem); • Can use professional literature in the field of economic development and European integration, correctly interprets the findings of published research through writing seminars, essay and debate; |
| Lecturer / Teaching assistant | Prof. dr Gordana Đurović, Stevan Đurić |
| Methodology | Classical lectures and exercises. Conversation and explanations during lectures, with analysis of applications macroeconomic topics from economic policy and economic development of Montenegro, including seminars works and presentations of students during exercises. Up to 2 colloquiums and a final oral exam are planned |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to the theory of economic growth and economic development |
| I week exercises | Introduction to the theory of economic growth and economic development |
| II week lectures | The most important theories of economic growth and development |
| II week exercises | The most important theories of economic growth and development |
| III week lectures | Goals and indicators of economic development |
| III week exercises | Goals and indicators of economic development |
| IV week lectures | Factors of economic development, business cycles |
| IV week exercises | Factors of economic development, business cycles |
| V week lectures | Economic development strategies, Sustainable development, Economic development and underdevelopment; I test, Economic theory development |
| V week exercises | Economic development strategies, Sustainable development, Economic development and underdevelopment; I test, Economic theory development |
| VI week lectures | Spontana i svjesna markoekonomska regulacija, Osnovi politike razvoja tržišnih privreda |
| VI week exercises | Spontana i svjesna markoekonomska regulacija, Osnovi politike razvoja tržišnih privreda |
| VII week lectures | Issues and policies: internal and external aspects |
| VII week exercises | Issues and policies: internal and external aspects |
| VIII week lectures | Developmental function of fiscal policy |
| VIII week exercises | Developmental function of fiscal policy |
| IX week lectures | Monetary policy in the function of shaping real economic flows, Foreign economic policy in to the function of shaping the development performance of the economy |
| IX week exercises | Monetary policy in the function of shaping real economic flows, Foreign economic policy in to the function of shaping the development performance of the economy |
| X week lectures | Policies of innovation and ecologic policies |
| X week exercises | Policies of innovation and ecologic policies |
| XI week lectures | Macroeconomic planning as a subsystem of the development management system |
| XI week exercises | Macroeconomic planning as a subsystem of the development management system |
| XII week lectures | II test, Macroeconomic development policy Profile of economic development, economic structure and development politics of Montenegro |
| XII week exercises | II test, Macroeconomic development policy Profile of economic development, economic structure and development politics of Montenegro |
| XIII week lectures | Macroeconomic management in the EU, coordination of economic policies and reflections on Montenegro |
| XIII week exercises | Macroeconomic management in the EU, coordination of economic policies and reflections on Montenegro |
| XIV week lectures | Accession to the EU as a development framework for the countries of the region |
| XIV week exercises | Accession to the EU as a development framework for the countries of the region |
| XV week lectures | European integration of Montenegro, program of economic reforms and sectoral strategies |
| XV week exercises | European integration of Montenegro, program of economic reforms and sectoral strategies |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes and take tests |
| Consultations | Prof. dr Gordana Đurović – Monday 16.30 h, Cabinet 208 / II floor Stevan Đurić - Monday 09.30.h, Cabinet 421/ IV floor |
| Literature | Literatura: - Cvetanović Slobodan, Đurović Gordana: Privredni razvoj, I dio i Privredni razvoj II dio (Teorija privrednog razvoja i Makroekonomska razvojna politika), e-učilo, Ekonomski fakultet Podgorica, verzija. 2022; - Gordana Đurović, Privredni razvoj III dio ( Upravljanje razvojem i evropske integracije, Ekonomski fakultet, Podgorica, verzija Novembar 2023; (godišnje ažuriranje e-učila) - Todaro , M.P., Smith, S.C:, Economic Development, 12th edition, Pearson, 2015 |
| Examination methods | Forms of knowledge testing and evaluation: The following are evaluated: • Test 40 points; • Class activity up to 15 points (seminar and presentation, discussion, homework - on exercises up to 10 points, and guest lectures and participation in discussions - on lectures up to 5 points); • The final exam is taken orally and carries points; A passing grade is obtained if at least 50 points are accumulated cumulatively. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / MONETARY ECONOMICS
| Course: | MONETARY ECONOMICS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38463 | Obavezan | 5, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | |
| Learning outcomes | Upon completion of this course, the student will be able to: 1. Explain economic and legal aspect of money, define money and credit and list functions of money and credit, look into the phenomenon and development of money, define and analyse monetary systems, interpret money supply and demand, sketch equilibrium on money market. 2. Analyse money supply and liquiditiy of macroeconomy, explain monetary aggregates, define structure and sectoral distribution of money supply, review optimal and necessary amount of money and speed of money flow. 3. Recognise creation 4. of money supply and concept of monetary base, analyse effects of imbalance of money supply, illustrate credit multiplication, calculate coefficients in multiplication sequences, categorise and explain financial innovations. 5. Look into basic characteristics and functions of money, briefly describe theories of money value, research into details theories of relation of money and prices, assess monetary (in)stability and (im)balance, explain the link among interest rate, inflation and domestic product. 6. Analyse causes and consequences of inflation, define and compare inflation and deflation, look into theories of inflation, formulate zone approach to inflation and deflation, compare anti-inflationary concepts, speak about consequences of deflation, explain Phillip’s curve. 7. Explain monetary system, point out and compare operational goals and indicators, analyse strategic choice and transmission mechanism of monetary policy, explain delay of measures of monetary policy and instruments of monetary policy. 8. Define and analyse foreign exchange market, foreign exchange and exchange rate, illustrate forming of exchange rate, analyse theories of forming exchange rate, explain change of intercurrency value of money, summarise types of currency convertibility. 9. Establish and provide argument for importance of international monetary system, defend and/or criticise functioning of international monetary (financial) institutions, speak about processes of European monetary and economic cooperation and functioning of EMU. |
| Lecturer / Teaching assistant | Full professor Slobodan Lakić, Dženana Đurković |
| Methodology | Classical lectures and exercises |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Basic approach to monetary economics |
| I week exercises | Developed types of money |
| II week lectures | Economic and legal aspect of money; Money and capital description; Credit |
| II week exercises | Money functions |
| III week lectures | Money supply and demand; Monetary aggregates |
| III week exercises | Base money and money stock |
| IV week lectures | Monetary systems |
| IV week exercises | Money in Montenegro - historical approach |
| V week lectures | Optimal money stock; Structure and sectoral distribution of money stock |
| V week exercises | Velocity of money |
| VI week lectures | Micro and macro credit multiplication |
| VI week exercises | Example on credit multiplication |
| VII week lectures | Disequilibrium effects of money supply and bank credit |
| VII week exercises | Monetary equilibrium and stability |
| VIII week lectures | Theoretical approach to money value and relationship to prices |
| VIII week exercises | Purchasing power of money changes |
| IX week lectures | Inflation and deflation - basic approach, modern inflation theories |
| IX week exercises | Causes and consequences of inflation |
| X week lectures | Currency stabilization conceptions |
| X week exercises | Currency stabilization in Yugoslavia |
| XI week lectures | Monetary system and monetary policy; Monetary policy strategies |
| XI week exercises | Central banks - functions |
| XII week lectures | Monetary policy instruments |
| XII week exercises | Dollarization and currency board |
| XIII week lectures | Foreign exchange market, foreign exchange and currency, exchange rate |
| XIII week exercises | Theories of foreign exchange determination |
| XIV week lectures | Changes of inter currency value of money |
| XIV week exercises | Currency convertibility |
| XV week lectures | International monetary system |
| XV week exercises | International monetary fund - credit activity |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | None. |
| Consultations | Once a week. |
| Literature | Lakić, S. Textbook; Lakić, S. Instrumentarium of monetary management; Živković et al. Monetary economics |
| Examination methods | Written mid-term and written / oral exam |
| Special remarks | None. |
| Comment | None. |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ORGANIZATIONAL BEHAVIOUR
| Course: | ORGANIZATIONAL BEHAVIOUR/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38464 | Obavezan | 5, | 6 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 6 credits x 40/30=8 hours and 0 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 3 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
8 hour(s) i 0 minuts x 16 =128 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 8 hour(s) i 0 minuts x 2 =16 hour(s) i 0 minuts Total workload for the subject: 6 x 30=180 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 36 hour(s) i 0 minuts Workload structure: 128 hour(s) i 0 minuts (cources), 16 hour(s) i 0 minuts (preparation), 36 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ANALYSIS OF FINANCIAL REPORTS
| Course: | ANALYSIS OF FINANCIAL REPORTS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38461 | Obavezan | 5, | 7 | 3+3+0 |
| Programs | ECONOMICS |
| Prerequisites | / |
| Aims | Introducing basic financial statements based on IAS and IFRS, as well as basic methods and techniques of financial statements analysis, with the aim of making wise business and investing decisions. |
| Learning outcomes | Learning outcomes (aligned with the outcomes of the study program): • Students understand, interpret and analyze general - purpose financial statements. • Students explain the purpose of each financial statement and their connection. • Students identify the primary users of financial statements and their needs. • Students explain the connection between the balance sheet and the income statement and the technique of compiling them. • Students explain and understands the qualitative characteristics of information involved in general - purpose financial statements. • Students explain and understand the criteria for the classification of balance sheet positions and the principles of balancing. • Students calculate indicators and use information contained in financial reports to evaluate the financial, asset and profitability position of the company. • Students apply methods of analysis (inductive method, deductive method, comparison method, method of choosing a unit of measure, etc.) and make conclusions about the state or phenomenon that was the subject of analysis. • Students use and apply IAS and IFRS, which define the conceptual framework for the presentation and compilation of financial statements and the assessment of balance sheet positions. • Students plan and predict the movement of financial indicators based on the data obtained through the analysis (perform synthesis). |
| Lecturer / Teaching assistant | prof. Milan Lakićević, PhD Milica Vukčević, phd |
| Methodology | Lectures and exercises. Checking of understanding and knowledge of the material will be organized through tasks and examples for independent work, as well as additional explanations of the material covered through consultations. The exam involves two colloquiums and a final exam. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Corporate reporting, form and content of financial statements, users of financial statements, qualitative and quantitative characteristics of financial statements, information to be published in financial statements. |
| I week exercises | Corporate reporting, form and content of financial statements, users of financial statements, qualitative and quantitative characteristics of financial statements, information to be published in financial statements. |
| II week lectures | Basics of analysis: subject, objectives and assignments of analysis, types and methods of analysis. Classification and position sequence in the balance sheet. |
| II week exercises | Basics of analysis: subject, objectives and assignments of analysis, types and methods of analysis. Classification and position sequence in the balance sheet. |
| III week lectures | Principles of balancing and assessment of balance positions. |
| III week exercises | Principles of balancing and assessment of balance positions. |
| IV week lectures | Asset position analysis: Fixed assets analysis; Analysis of wear and tear of fixed assets; Analysis of the efficiency of the use of fixed assets; Analysis of the degree of capacity utilization; analysis of technical equipment |
| IV week exercises | Asset position analysis: Fixed assets analysis; Analysis of wear and tear of fixed assets; Analysis of the efficiency of the use of fixed assets; Analysis of the degree of capacity utilization; analysis of technical equipment |
| V week lectures | Current assets analysis: Analysis of the structure and speed of turnover of current assets |
| V week exercises | Current assets analysis: Analysis of the structure and speed of turnover of current assets |
| VI week lectures | Analysis of a company`s financial position: Financial equilibrium analysis. |
| VI week exercises | Analysis of a company`s financial position: Financial equilibrium analysis. |
| VII week lectures | Analysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity. |
| VII week exercises | Analysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity. |
| VIII week lectures | Colloquium I |
| VIII week exercises | Colloquium I |
| IX week lectures | Income statement: form, content and methods of preparing an income statement. Income analysis, expense analysis and business cost analysis. |
| IX week exercises | Income statement: form, content and methods of preparing an income statement. Income analysis, expense analysis and business cost analysis. |
| X week lectures | Analysis of business results, cost-effectiveness analysis and financial potential analysis. Cost-effectiveness threshold analysis and business risk analysis. |
| X week exercises | Analysis of business results, cost-effectiveness analysis and financial potential analysis. Cost-effectiveness threshold analysis and business risk analysis. |
| XI week lectures | Cash flow statement analysis |
| XI week exercises | Cash flow statement analysis |
| XII week lectures | Analysis of creditworthiness. Models for predicting bankruptcy of companies. |
| XII week exercises | Analysis of creditworthiness. Models for predicting bankruptcy of companies. |
| XIII week lectures | Colloquium II |
| XIII week exercises | Colloquium II |
| XIV week lectures | Application of software for financial analysis |
| XIV week exercises | Application of software for financial analysis |
| XV week lectures | Corrective Colloquiums |
| XV week exercises | Corrective Colloquiums |
| Student workload | Per week 7 credits x 40/30 = 9 hours and 20 minutes Structure: 2 hours and 15 minutes for lectures 2 hour and 15 minutes for exercise classes 4 hours and 50 minutes of student independent work, including consultations. Per semester Total workload for the course 7 x 30 = 210 hours Structure: Teaching and final exam: 9 hours 20 minutes x 16 weeks = 149 hours and 20 minutes Necessary preparations before the beginning of the semester (administration, enrollment, certification): 9 hours and 20 minutes x 2 = 18 hours and 40 minutes . Additional work for preparation and taking the exam in the correctional period: 42 hours. |
| Per week | Per semester |
| 7 credits x 40/30=9 hours and 20 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 3 excercises 3 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
9 hour(s) i 20 minuts x 16 =149 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 9 hour(s) i 20 minuts x 2 =18 hour(s) i 40 minuts Total workload for the subject: 7 x 30=210 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 42 hour(s) i 0 minuts Workload structure: 149 hour(s) i 20 minuts (cources), 18 hour(s) i 40 minuts (preparation), 42 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes, solve tasks that are given for independent practice and evaluation, and take colloquiums. |
| Consultations | Professor: Tuesday (11 am - 12 am), room 305 Assistant: Tuesday (11 am - 12 am), room 416 |
| Literature | Literature: J. Rodić, M. Andrić, G. Vukelić, B. Vuković: Analiza finansijskih izvještaja, Ekonomski fakultet Subotica, drugo dopunjeno i izmijenjeno izdanje, beograd oktobar 2017. godina Additional literature: K Škarić Jovanović, J. Poljašević: Primijenjena teorija i politike finansijskog izvjetavanja – zbirka zadataka, Ekonomski fakultet Banja Luka, Banja Luka 2013. godine P. Bogetić: Analiza bilansa, Ekonomski fakultet Podgorica, 2000. godine. K. Vasiljević: Teorija i analiza bilansa, Savremena administracija, Beograd, 1970. godina J. Ranković: Teorija bilansa, Ekonomski fakultet Beograd, 2005. godinr. G. Ruth: Analiza finansijskih izvještaja, Vijesti, 2006. godine. IFRS Standardi, Savez računovođa i revizora Srbije, Beograd 2020. godine. |
| Examination methods | I Colloquium - 25 points II colloquium - 25 points Practical work - 10 points (Case study - Analysis of financial statements of a company using customized software for financial analysis; Report writing) Class activity - 10 points Final exam - 30 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / TRADE MANAGEMENT
| Course: | TRADE MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38470 | Izborni | 6, | 3 | 2+0+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 2 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / QUANTITATIVE FINANCE
| Course: | QUANTITATIVE FINANCE/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 40321 | Izborni | 6, | 3 | 2+1+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 1 excercises 1 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / HUMAN RESOURCES MANAGEMENT
| Course: | HUMAN RESOURCES MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38469 | Obavezan | 6, | 3 | 2+0+0 |
| Programs | ECONOMICS |
| Prerequisites | There are no requirements for enrolling in and attending the course. |
| Aims | Acquisition of essential knowledge in human resource management as a scientific discipline and a leading function within a company. |
| Learning outcomes | After passing the exam, students will be able to: - Understand the role and importance of human resource management in a company - Analyze and plan the company’s human resource needs - Organize and evaluate roles and tasks within the company - Prepare decisions for candidate selection and onboarding - Explain the significance of motivational factors for the company’s operations and development |
| Lecturer / Teaching assistant | Assistant Professor Ivan Radević |
| Methodology | Lectures, exercises, discussions, essays, debates, case studies. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to Human resource management - the concept of human resource management |
| I week exercises | Introduction to Human resource management - the concept of human resource management |
| II week lectures | Identifying staffing needs – strategic and organizational aspects of HRM |
| II week exercises | Identifying staffing needs – strategic and organizational aspects of HRM |
| III week lectures | Human resource management process – key activities and phases |
| III week exercises | Human resource management process – key activities and phases |
| IV week lectures | Human resource planning – job analysis and design |
| IV week exercises | Human resource planning – job analysis and design |
| V week lectures | Candidate recruitment (employees) |
| V week exercises | Candidate recruitment (employees) |
| VI week lectures | Candidate selection (employees) |
| VI week exercises | Candidate selection (employees) |
| VII week lectures | Employee training and development |
| VII week exercises | Employee training and development |
| VIII week lectures | Work performance - evaluating individual employee performance |
| VIII week exercises | Work performance - evaluating individual employee performance |
| IX week lectures | Employee career development and management |
| IX week exercises | Employee career development and management |
| X week lectures | Compensation (rewarding) of employees – salary system |
| X week exercises | Compensation (rewarding) of employees – salary system |
| XI week lectures | Motivation and benefits |
| XI week exercises | Motivation and benefits |
| XII week lectures | Managing organizational culture – corporate culture and climate |
| XII week exercises | Managing organizational culture – corporate culture and climate |
| XIII week lectures | Employee relations – labor relations and employee protection |
| XIII week exercises | Employee relations – labor relations and employee protection |
| XIV week lectures | Collective bargaining; ethics in human resource management |
| XIV week exercises | Collective bargaining; ethics in human resource management |
| XV week lectures | Leaving the organization – exiting the organization; trends in human resource management for the future |
| XV week exercises | Leaving the organization – exiting the organization; trends in human resource management for the future |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 2 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | The student is required to attend lectures and exercises and to complete planned activities. |
| Consultations | At the scheduled times published on the website. |
| Literature | Literature (obligatory): Bogićević Milikić B., (2020), Menadžment ljudskih resursa, CID, Ekonomski fakultet, Beograd Additional (optional) literature: Dessler G., (2016), Human Resource Management - 15th Edition, Pearson Education, USA; Bahtijarević Šiber, F. (2014), Strateški menadžment ljudskih potencijala – savremeni trendovi i izazovi, Školska knjiga, Zagreb; Taylor S., Woodhams C., (2016), Human Resource Management: People and Organisations, TBS - Grantham Book Services; Torington D., Hall L., Taylor S. (2004), Menadžment ljudskih resursa, Data status, Beograd; Mohan T., (2019), E- HRM: Digital approaches, directions & applications, Routledge, New York. |
| Examination methods | 1. Midterm exam - 30 points 2. Class activities – 30 points 3. Final exam - 40 points |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / DEMOGRAPHIC ANALYSIS
| Course: | DEMOGRAPHIC ANALYSIS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38476 | Obavezan | 6, | 3 | 2+0+0 |
| Programs | ECONOMICS |
| Prerequisites | There are no requirements. |
| Aims | The subject is a basic discipline that aims to enable students to understand the basic concepts and methods of Demographic Analysis. It provides knowledge of demographic methodology and analysis of classic areas of demographic research, as well as general knowledge about the population and its connection with numerous areas of economic science. |
| Learning outcomes | Upon completion of this course the student will be able to: 1. Demonstrate knowledge about the origin, development and place of demography in the corpus of social sciences. 2. Interpret the population data and the ways of obtaining them. 3. Calculate and interpret basic demographic indicators. 4. Calculate population growth rates. 5. Differentiate methods of analysis in the study of mortality. 6. Summarize knowledge of demographic table technique. 7. Masters the calculation of fertility and migration indicators and its interpretation. 8. Masters the calculation of indicators of age, gender and economic structure and its interpretation. 9. Describe the significance and application of population projection results 10. Demonstrate basic knowledge of demographic models |
| Lecturer / Teaching assistant | Assistant professor Julija Cerović Smolović, PhD |
| Methodology | Lectures with examples from practice, guest lectures from economics. Conversation and explanations during lectures, debates and teamwork. Short oral and written tests of understanding and knowledge of the material covered in lectures, with active participation of students in solving tasks. A colloquium and a final exam are planned, as well as an activity in the classes. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to demography and division. Population theories. Population development in the past and modern tendencies. Sources of population data. Units and characteristics in vital and census statistics. |
| I week exercises | |
| II week lectures | The notion of population and basic demographic equation. Demographic indicators. The concept of population growth. Age, period and cohort. Lexis diagram. |
| II week exercises | |
| III week lectures | Types of observations and methods of demographic analysis. Cohort method and transverse method analysis. Population mortality - a biological process. Methods of mortality analysis. Mortality indicators. General rate and specific death rates by age and gender. |
| III week exercises | |
| IV week lectures | Standardized mortality rates. Life expectancy. Infant mortality. Causes of death and morbidity. Morbidity indicators. |
| IV week exercises | |
| V week lectures | Mortality tables. Cohort and periodic, complete and abbreviated mortality tables. Biometric functions. Use and models of mortality tables. |
| V week exercises | |
| VI week lectures | Fertility, methods of fertility analysis. Fertility indicators based on transverse and cohort analysis. Differential fertility analysis. Other birth rates. |
| VI week exercises | |
| VII week lectures | Population migrations - basic concepts. Classification of migrations and indicators of migratory movements. Migration theories. |
| VII week exercises | |
| VIII week lectures | Methods of demographic analysis for estimating the migration balance: vital-statistical method and census-based method. |
| VIII week exercises | |
| IX week lectures | Population structures, the relationship between movements and population structures. Gender structure, factors influencing the formation of gender structure and indicators of gender structure. |
| IX week exercises | |
| X week lectures | Age structure, factors influencing the formation of the age structure and indicators of the age structure. Demographic aging. Economic structures of the population. |
| X week exercises | |
| XI week lectures | Population projections - basic concepts. Projection methods. Hypotheses about fertility, mortality and migrations in demographic projections. |
| XI week exercises | |
| XII week lectures | Demographic models, basic notes and division. |
| XII week exercises | |
| XIII week lectures | Preparation for the colloquium. |
| XIII week exercises | |
| XIV week lectures | Colloquium. |
| XIV week exercises | |
| XV week lectures | Corrective colloquium. |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 2 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | Students are required to attend classes and do a colloquium. |
| Consultations | Look on the notice board and on the faculty website. |
| Literature | 1. Biljana Radivojević Demografska analiza, CID Ekonomskog fakulteta u Beogradu, 2018. 2. F. Jusuf, J. M. Martins & D. A. Swanson Methods of Demographic Analysis, Springer, 2014. |
| Examination methods | Activity - 10 points Colloquium - 50 points Final exam - 40 points For a student who takes a corrective colloquium or a remedial final exam, the result obtained on it is counted. A passing grade is obtained if at least 50 points are accumulated and there is no additional examination. |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMIC POLICY
| Course: | ECONOMIC POLICY/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38477 | Obavezan | 6, | 3 | 2+0+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 3 credits x 40/30=4 hours and 0 minuts
2 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 2 hour(s) i 0 minuts of independent work, including consultations |
Classes and final exam:
4 hour(s) i 0 minuts x 16 =64 hour(s) i 0 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 4 hour(s) i 0 minuts x 2 =8 hour(s) i 0 minuts Total workload for the subject: 3 x 30=90 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 18 hour(s) i 0 minuts Workload structure: 64 hour(s) i 0 minuts (cources), 8 hour(s) i 0 minuts (preparation), 18 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / PROFESSIONAL DEVELOPMENT
| Course: | PROFESSIONAL DEVELOPMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38471 | Obavezan | 6, | 4 | 0+0+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 4 credits x 40/30=5 hours and 20 minuts
0 sat(a) theoretical classes 0 sat(a) practical classes 0 excercises 5 hour(s) i 20 minuts of independent work, including consultations |
Classes and final exam:
5 hour(s) i 20 minuts x 16 =85 hour(s) i 20 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 5 hour(s) i 20 minuts x 2 =10 hour(s) i 40 minuts Total workload for the subject: 4 x 30=120 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 24 hour(s) i 0 minuts Workload structure: 85 hour(s) i 20 minuts (cources), 10 hour(s) i 40 minuts (preparation), 24 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / FINANCIAL MANAGEMENT
| Course: | FINANCIAL MANAGEMENT/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38465 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | none |
| Aims | The Financial Management course provides an overview of the basic theoretical concepts necessary for understanding the financial management of a company. |
| Learning outcomes | After passing this exam, the student will be able to: 1. Define and present the basic theoretical concepts necessary for understanding and managing a companys finances. 2. Interpret basic financial statements and the method of making financial decisions. 3. Assess the financial position of a company. 4. Distinguish between traditional and specific sources of financing. 5. Illustrate the process of evaluating investment projects based on capital budgeting techniques. 6. Describe the process of preparing planned financial statements. |
| Lecturer / Teaching assistant | Professor Sasa Popovic, Full Professor, MSc Jelena Jovovic, Teaching Assistant |
| Methodology | Lectures, exams, consultations |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to financial management: - Introduction to teachers and work program - Basic objective of a companys business - Value, price, risk - Agency problem |
| I week exercises | Legal forms of business organization: case studies |
| II week lectures | Financial statements and financial decisions: - Preparation and interpretation of balance sheets - Financial decisions - Role of the finance function |
| II week exercises | Financial statements: compiling and recording transactions |
| III week lectures | Financial management function - Financial function tasks - Relationship between the financial function and other functions in the company - Organization of the financial function |
| III week exercises | Case study: long-term financial balance of a company in Excel |
| IV week lectures | Financial policy and funding rules - Financial policy - Funding principles - Funding rules |
| IV week exercises | Case study: short-term financial balance of a company in Excel |
| V week lectures | Liquidity and liquidity policy - Understanding and measuring liquidity |
| V week exercises | Case study: liquidity and turnover analysis in Excel |
| VI week lectures | Financial markets - The relationship between the balance sheet of a company and the financial market - Money and capital market instruments - Capital market - Institutional and individual investors - Market efficiency |
| VI week exercises | Case study: profitability analysis in Excel |
| VII week lectures | Forms of company financing - Internal and external sources of financing - Financial innovations |
| VII week exercises | Case study: analyzing the market value of a company in Excel |
| VIII week lectures | Lending - Types of loans - Interest - loan price - Interest calculation methods |
| VIII week exercises | Interest calculation methods in Excel |
| IX week lectures | Specific forms of financing - Factoring - Forfeiting - Franchising - Leasing |
| IX week exercises | Specific forms of financing: case studies |
| X week lectures | Financial planning in a company - Financial planning process - Preparation of planned financial statements - Break-even points and financial planning |
| X week exercises | Risk management - The concept of leverage - Business, financial and overall leverage - Foreign exchange and exchange rate risk management |
| XI week lectures | The concept and quantification of the effect of long-term investments - The concept and quantification of the effect of long-term investments |
| XI week exercises | Midterm exam |
| XII week lectures | Resit midterm exam |
| XII week exercises | Student internship |
| XIII week lectures | Student internship |
| XIII week exercises | Student internship |
| XIV week lectures | Student internship |
| XIV week exercises | Student internship |
| XV week lectures | Student internship |
| XV week exercises | Student internship |
| Student workload | Weekly 6 credits x 40/30 = 8 hours Structure: 2 hours and 15 minutes for lectures 1 hour and 30 minutes for exercises 4 hours and 15 minutes of independent student work, including consultations. In the semester Total course load 6 x 30 = 180 hours Structure: Classes and final exam: 8 hours x 16 weeks = 128 hours Necessary preparations before the start of the semester (administration, enrollment, verification): 8 hours x 2 = 16 hours Additional work for preparation and taking the exam in the make-up period: 36 hours |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Class atendance |
| Consultations | |
| Literature | James, C. van Horne: Fundamentals of Financial Management, Mate, Zagreb, 2014. James, C. van Horne: Fundamentals of Financial Management, Datastatus, Belgrade, 2009. Jovan Rodić, Milovan Filipović: "Business Finance", Asimex, Belgrade, 2011. |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMIC MATHEMATICAL METHODS AND MODELS
| Course: | ECONOMIC MATHEMATICAL METHODS AND MODELS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38466 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / BUSINESS INFORMATION SYSTEMS
| Course: | BUSINESS INFORMATION SYSTEMS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38467 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ENTERPRENEURSHIP
| Course: | ENTERPRENEURSHIP/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38468 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None |
| Aims | - understanding the essence of entrepreneurial process - exploring innovative chances in launching and supporting growth of successful new businesses |
| Learning outcomes | After passing the exam student will be able to: - refine his/her way of thinking and broaden a set of entrepreneurial skills - evaluate and implement successful entrepreneurial strategies - assess and take innovative chances in launching and developing successful new businesses |
| Lecturer / Teaching assistant | Assistant professor: Mirjana Kuljak, PhD Teaching assistant: Dragana Ćirovic, MSc |
| Methodology | Lectures, case study analysis, group discussions, student assignment, presentations, company internship |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Identifying and analyzing entrepreneurial chances |
| I week exercises | Identifying and analyzing entrepreneurial chances |
| II week lectures | Transforming possible entrepreneurial chance to a focused strategy and properly defined business initiative |
| II week exercises | Transforming possible entrepreneurial chance to a focused strategy and properly defined business initiative |
| III week lectures | Developing useful business plan |
| III week exercises | Developing useful business plan |
| IV week lectures | Creating appealing elements to sell an entrepreneurial idea to investors, buyers, partners and key employees |
| IV week exercises | Creating appealing elements to sell an entrepreneurial idea to investors, buyers, partners and key employees |
| V week lectures | Attracting most talented people and vital resources needed to transform a vision into reality |
| V week exercises | Attracting most talented people and vital resources needed to transform a vision into reality |
| VI week lectures | Developing organization and capabilities needed for launching and sustaining business enterprises in early phase of their development |
| VI week exercises | Developing organization and capabilities needed for launching and sustaining business enterprises in early phase of their development |
| VII week lectures | Bringing decision whether to develop capabilities inside the organization or to obtain them through partnerships, joint ventures or potential acquisitions |
| VII week exercises | Bringing decision whether to develop capabilities inside the organization or to obtain them through partnerships, joint ventures or potential acquisitions |
| VIII week lectures | Developing strategy, organization and model of leadership for various phases of business growth |
| VIII week exercises | Developing strategy, organization and model of leadership for various phases of business growth |
| IX week lectures | Recognizing and managing risk, while creating and measuring value |
| IX week exercises | Recognizing and managing risk, while creating and measuring value |
| X week lectures | Colloquium |
| X week exercises | Colloquium |
| XI week lectures | Corrective colloquium |
| XI week exercises | Corrective colloquium |
| XII week lectures | Internship |
| XII week exercises | Internship |
| XIII week lectures | Internship |
| XIII week exercises | Internship |
| XIV week lectures | Internship |
| XIV week exercises | Internship |
| XV week lectures | Internship |
| XV week exercises | Internship |
| Student workload | Weekly Total: 9 hours - 3 hours of lectures - 2 hours of exercises - 4 hours of independent work, including consultations Over semester Total for the course: 192 hours - lectures and final exam: 9 hours x 16 weeks = 144 hours - additional work for preparation of the exam in corrective term: 48 hours |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Student is expected to regularly attend classes and pursue activities according to ECTS criteria. |
| Consultations | As written on Faculty site and on the teachers room door |
| Literature | Literature provided over the course of the semester, in communication with students. The sources include links concerning texts, videos, introduction for exercises and other needed material. |
| Examination methods | To pass the exam student should cumulatively attain min 50 points, of which: - class activities, max 20 points (10L + 10E) - one colloquium max 30 points - final exam max 50 points (25 lectures + 25 internship). |
| Special remarks | |
| Comment | Student who choose to perform an internship in a company as a part of this course will be required to complete a Project Assignment, in coordination with the subject professor and a mentor from the company. The Project Assignment will be evaluated up to 25 points as a part of the final exam (50% of the final exam points). Remaining 25 points could be earned by taking the oral final exam. Students who choose their internship in the company within an another course will take the oral final exam and can earn up to 50 points that way. |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / PUBLIC FINANCE
| Course: | PUBLIC FINANCE/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38472 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | None. |
| Aims | • To provide students with an understanding of economic analytical methodologies for studying the public sector and the role of the state in theory and practice; • To provide a solid foundation in the concepts behind the states function, the design of social insurance and the welfare state, and the architecture of the tax system; • To enable students grasp the practical issues involved in putting these ideas into practice. |
| Learning outcomes | By the end of the course students should be able to: • Understand key issues in public finance; • Elaborate the controversies and challenges around the role of government in public finance; • Understand the main features and principles of fiscal policies, i.e. revenue, expenditure and budget policy and process; • Understand and critically engage with questions of public debt. |
| Lecturer / Teaching assistant | Milena Konatar, Assistant Professor; Dženana Đurković |
| Methodology | The course is structured as a combination of lectures, in-class activities and student presentations. It requires a substantial amount of preparation by the students and active involvement during class. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Introduction to Public Finance. Tools of Normative Analysis. |
| I week exercises | Introduction to Public Finance. Tools of Normative Analysis. |
| II week lectures | Public Goods. Externalities. |
| II week exercises | Public Goods. Externalities. |
| III week lectures | Political Economy. |
| III week exercises | Political Economy. |
| IV week lectures | Public Expenditure Theory. Cost-Benefit Analysis. |
| IV week exercises | Public Expenditure Theory. Cost-Benefit Analysis. |
| V week lectures | Education. |
| V week exercises | Education. |
| VI week lectures | The Health Care Market. |
| VI week exercises | The Health Care Market. |
| VII week lectures | Social Security. |
| VII week exercises | Social Security. |
| VIII week lectures | Income Redistribution: Conceptual Issues. |
| VIII week exercises | Income Redistribution: Conceptual Issues. |
| IX week lectures | Preliminary exam (written). Taxation Theory. |
| IX week exercises | Preliminary exam (written). Taxation Theory. |
| X week lectures | Taxation and Income Distribution. Taxation and Efficiency. |
| X week exercises | Taxation and Income Distribution. Taxation and Efficiency. |
| XI week lectures | Efficient and Equitable Taxation. Consumption Taxation. |
| XI week exercises | Efficient and Equitable Taxation. Consumption Taxation. |
| XII week lectures | Labour Taxation. Capital Taxation. |
| XII week exercises | Labour Taxation. Capital Taxation. |
| XIII week lectures | Debt Financing. |
| XIII week exercises | Debt Financing. |
| XIV week lectures | Budget and budgetary system. Fiscal decentralization. Fiscal policy. |
| XIV week exercises | Budget and budgetary system. Fiscal decentralization. Fiscal policy. |
| XV week lectures | Corrective preliminary exam. |
| XV week exercises | Corrective preliminary exam. |
| Student workload | Per week 8 credits x 40/30 = 10 hours 40 minutes Structure: 1 hour and 30 minutes for lectures 1 hour and 30 minutes for exercise classes 7 hours and 40 minutes of student independent work, including consultations. Per semester Total workload for the course 8 x 30 = 240 hours Structure: Teaching and final exam: 10 hours 40 min x 16 weeks= 170 hours 40 min Necessary preparations before the beginning of the semester (administration, enrollment, certification): 10 hours 40 min x 2 = 21 hours 20 minutes. Additional work for preparation and taking the exam in the correctional period: 48 hours. |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Lessons attendance is mandatory for students as well as participating in classes actively. |
| Consultations | After classes. |
| Literature | Rosen, H. & Gayer, T. (2013). Public Finance, McGraw Hill, 10th edition |
| Examination methods | • Midterm (written) – 50 points • Final exam (written) – 30 points • Clasroom participation – 20 points • Total points : 100 (in order to get a passing grade at the exam student has to gain at least 50% of total points) |
| Special remarks | / |
| Comment | / |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / ECONOMY OF THE EUROPEAN UNION
| Course: | ECONOMY OF THE EUROPEAN UNION/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38473 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | N/A |
| Aims | Study of the most important theories of European integration, the importance, development and form of application of common EU policies, policies with shared competence and policies that are under the authority of member states; Special area of the European monetary union, common agricultural policy, customs union and development policy of the EU, the economy of the member states, as well as the overall economic development of the EU. |
| Learning outcomes | After the student passes this exam, he/she will be able to: defines the basic terms of the EU economy; recognizes the position of the EU in contemporary economic trends; differentiates the EUs economic policy instruments; connects the economic development of the EU and Montenegro; understands the basic elements of economic policies and their coordination in the EU; |
| Lecturer / Teaching assistant | Prof. dr Nikola Milović Mr Nikola Martinović |
| Methodology | Lectures, exercises, seminars, tests, consultations, debates in practice classes and examples from practice. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Theories of European integration/The size and strength of the EU economy |
| I week exercises | Theories of European integration/The size and strength of the EU economy |
| II week lectures | Common policies of the EU and competences according to the Treaty of Lisbon |
| II week exercises | Common policies of the EU and competences according to the Treaty of Lisbon |
| III week lectures | EU Customs Union |
| III week exercises | EU Customs Union |
| IV week lectures | EU Common Market and EU Competition Policy |
| IV week exercises | EU Common Market and EU Competition Policy |
| V week lectures | EU budget |
| V week exercises | EU budget |
| VI week lectures | Mid-term test |
| VI week exercises | Mid-term test |
| VII week lectures | European Monetary Union (EMU) |
| VII week exercises | European Monetary Union (EMU) |
| VIII week lectures | Mid-term test 2 |
| VIII week exercises | Mid-term test 2 |
| IX week lectures | Common agricultural policy of the EU |
| IX week exercises | Common agricultural policy of the EU |
| X week lectures | Environmental protection and Fishing |
| X week exercises | Environmental protection and Fishing |
| XI week lectures | Education and professional training |
| XI week exercises | Education and professional training |
| XII week lectures | Energy and transport |
| XII week exercises | Energy and transport |
| XIII week lectures | Research and technological development |
| XIII week exercises | Research and technological development |
| XIV week lectures | EU after the Lisbon Treaty, economic aspect |
| XIV week exercises | EU after the Lisbon Treaty, economic aspect |
| XV week lectures | The EU as a global player |
| XV week exercises | The EU as a global player |
| Student workload | Weekly 6 credits x 40/30 = 8 hours Structure: 2 hours and 15 minutes for lectures 1 hour and 30 minutes for exercises 4 hours and 15 minutes of independent student work, including consultations. In the semester Total workload for the subject 6 x 30 = 180 hours Structure: Classes and final exam: 8 hours x 16 weeks = 128 hours Necessary preparations before the beginning of the semester (administration, enrollment, certification): 8 hours x 2 = 16 hours Additional work for preparing and passing the exam in the remedial period: 36 hours. |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Attendance at classes, active participation of students during exercises, preparation of seminars with presentations at exercises. |
| Consultations | Prof. Nikola Milović, Ph.D., teacher, consultations Wednesday 8 a.m.-10 a.m. room 312, 3rd floor, nmilovic@ucg.ac.me MSc Nikola Martinović associate, consultations Tuesday 8-10 a.m. room 413, 4th floor, nikola.m@ucg.ac.me |
| Literature | 1. Prokopijević Miroslav, Evropska unija - uvod, Službeni glasnik, Beograd, 2012; 2. Milović Nikola, Zajedničko tržište i politika konkurencije, Ekonomski fakultet, Podgorica, 2012.udzbenik. 3. Đurović Gordana, Evropska unija i Crna Gora – Ciljevi ekonomske, socijalne i teritorijalne kohezije - Ekonomski fakultet, Podgorica 2012; 4. Đurović Gordana, Evropska unija i Crna Gora – politika proširenja – Ekonomski fakultet, Podgorica 2012; 5. Ali M. El-Agraa, The Europe Union Economics & Policies, Prentice Hall, 2011. 6. 6. Helen Wallace, William Wallace and Mark A. Pollack , Policy-Making in the European Union, Oxford University Press, 2005; |
| Examination methods | mid-term test (40 points) class activities (20 points) final, oral exam (40 points) A passing grade is obtained if at least 50 points are accumulated cumulatively. Students who scored 30 or more points on the colloquium take the final exam orally. All other students take the final exam in writing. |
| Special remarks | N/A |
| Comment | N/A |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / FINANCIAL MARKET AND INSTITUTIONS
| Course: | FINANCIAL MARKET AND INSTITUTIONS/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38474 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | Upon completion of the course, students will be able to: 1. Describe the financial system and its basic elements 2. Recognize and distinguish between segments of the money market and the capital market 3. Classify and explain instruments of the money market and the capital market 4. Calculate the prices of financial instruments and distinguish between trading mechanisms in the money market, capital market, and financial derivatives market 1. Distinguish and group financial institutions and analyze their work and role. |
| Aims | Introducing students to modern financial markets, financial institutions and financial instruments. Understanding the functioning of different segments of the financial market as well as considering the possibilities of financing business entities. |
| Learning outcomes | |
| Lecturer / Teaching assistant | Professor Milijana Novović-Burić, Full Professor, MSc Jelena Jovović - Teaching Assistant |
| Methodology | Lectures and exercises. Checking understanding and knowledge of the material, as well as additional explanations of the material covered through consultations. 2 midterms and a final exam are planned. |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | Characteristics and importance of the financial system. Financial markets |
| I week exercises | Exercises Financial system of Montenegro and its characteristics |
| II week lectures | Money market and basic segments of the money market |
| II week exercises | Money market and basic segments of the money market: applied analysis of short-term securities |
| III week lectures | Capital market and basic segments of the capital market |
| III week exercises | Capital market and basic segments of the capital market: applied analysis of long-term securities |
| IV week lectures | Interest rates. Time value of money and valuation of financial instruments. |
| IV week exercises | Interest rates - calculation in Excel. Time value of money and valuation of financial instruments. |
| V week lectures | Bill of exchange and its elements |
| V week exercises | Bill of exchange and its elements - practical examples |
| VI week lectures | Stock exchange business |
| VI week exercises | Analysis of the operations of famous world stock exchanges; Montenegro Stock Exchange |
| VII week lectures | I mid-term exam |
| VII week exercises | Guest lecture |
| VIII week lectures | Basics of insurance and operations of insurance companies in the financial market |
| VIII week exercises | Insurance companies as institutional investors |
| IX week lectures | Open and closed-end investment funds |
| IX week exercises | II mid-term exam |
| X week lectures | Investment funds in developed markets |
| X week exercises | Other financial institutions (MFIs, leasing companies, factoring companies...) |
| XI week lectures | Stocks and bonds |
| XI week exercises | Practical part of the work in one of the institutions |
| XII week lectures | Practical part of the work in one of the institutions |
| XII week exercises | Practical part of the work in one of the institutions |
| XIII week lectures | Practical part of the work in one of the institutions |
| XIII week exercises | Practical part of the work in one of the institutions |
| XIV week lectures | Practical part of the work in one of the institutions |
| XIV week exercises | Practical part of the work in one of the institutions |
| XV week lectures | Practical part of the work in one of the institutions |
| XV week exercises | Practical part of the work in one of the institutions |
| Student workload | 6 credits x 40/30=8 hours and 0 minutes 2 hours of theoretical lectures 0 hours of practical lectures 2 exercises 4 hours and 0 minutes of independent work, including consultations Classes and final exam: 8 hours and 0 minutes x 16 =128 hours and 0 minutes Necessary preparation before the start of the semester (administration, enrollment, verification): 8 hours and 0 minutes x 2 =16 hours and 0 minutes Total course load: 6 x 30=180 hours Supplementary work for exam preparation in the make-up exam period, including taking the make-up exam from 0 to 30 hours (remaining time from the first two items to the total course load) 36 hours and 0 minutes Workload structure: 128 hours and 0 minutes (classes), 16 hours and 0 minutes (preparation), 36 hours and 0 minutes (complementary work) |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | Class attendance |
| Consultations | |
| Literature | Foundations financial markets and institutions - Frank Fabozzi, Franco Modigliani, Frank Jones, 2014, Pearson Education |
| Examination methods | Two midterms, final exam, class activity |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
Faculty of Economics / ECONOMICS / DIGITAL ECONOMY
| Course: | DIGITAL ECONOMY/ |
| Course ID | Course status | Semester | ECTS credits | Lessons (Lessons+Exercises+Laboratory) |
| 38475 | Obavezan | 6, | 5 | 3+2+0 |
| Programs | ECONOMICS |
| Prerequisites | |
| Aims | |
| Learning outcomes | |
| Lecturer / Teaching assistant | |
| Methodology |
| Plan and program of work | |
| Preparing week | Preparation and registration of the semester |
| I week lectures | |
| I week exercises | |
| II week lectures | |
| II week exercises | |
| III week lectures | |
| III week exercises | |
| IV week lectures | |
| IV week exercises | |
| V week lectures | |
| V week exercises | |
| VI week lectures | |
| VI week exercises | |
| VII week lectures | |
| VII week exercises | |
| VIII week lectures | |
| VIII week exercises | |
| IX week lectures | |
| IX week exercises | |
| X week lectures | |
| X week exercises | |
| XI week lectures | |
| XI week exercises | |
| XII week lectures | |
| XII week exercises | |
| XIII week lectures | |
| XIII week exercises | |
| XIV week lectures | |
| XIV week exercises | |
| XV week lectures | |
| XV week exercises |
| Student workload | |
| Per week | Per semester |
| 5 credits x 40/30=6 hours and 40 minuts
3 sat(a) theoretical classes 0 sat(a) practical classes 2 excercises 1 hour(s) i 40 minuts of independent work, including consultations |
Classes and final exam:
6 hour(s) i 40 minuts x 16 =106 hour(s) i 40 minuts Necessary preparation before the beginning of the semester (administration, registration, certification): 6 hour(s) i 40 minuts x 2 =13 hour(s) i 20 minuts Total workload for the subject: 5 x 30=150 hour(s) Additional work for exam preparation in the preparing exam period, including taking the remedial exam from 0 to 30 hours (remaining time from the first two items to the total load for the item) 30 hour(s) i 0 minuts Workload structure: 106 hour(s) i 40 minuts (cources), 13 hour(s) i 20 minuts (preparation), 30 hour(s) i 0 minuts (additional work) |
| Student obligations | |
| Consultations | |
| Literature | |
| Examination methods | |
| Special remarks | |
| Comment |
| Grade: | F | E | D | C | B | A |
| Number of points | less than 50 points | greater than or equal to 50 points and less than 60 points | greater than or equal to 60 points and less than 70 points | greater than or equal to 70 points and less than 80 points | greater than or equal to 80 points and less than 90 points | greater than or equal to 90 points |
