Faculty of Economics / ECONOMICS / SOCIOLOGY

Course:SOCIOLOGY/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
4Obavezan132+0+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / SOCIOLOGY

Course:SOCIOLOGY/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
4Obavezan132+0+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / BUSINESS

Course:BUSINESS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
8Obavezan252+2+0
ProgramsECONOMICS
Prerequisites There are no prerequisites
Aims The course aims to provide students understand the business as a way of thinking and behavior. The main objective of this course is to enable students to understand the importance and role of business and entrepreneurship in todays business environment, as well as mastering the basic skills and key skills to start and successfully run their own business. The intention is to enable students to self-assessment of business opportunities, their market valorisation, assessment of their own entrepreneurship (business) skills, as well as the modeling of the business plan, which will create the preconditions for a successful entrepreneurial management, not only within small entrepreneurial ventures, but also the conditions concrete economic realities of large organizations.
Learning outcomes After passing this exam, students will be able to:  Describe the basic categories of business and entrepreneurship ventures;  Explain the business through the ability of spotting opportunities and identify key tasks of business owners (entrepreneurs);  Talk about the nature of business opportunities, sources of business ideas, methods for spotting opportunities and of making business decisions;  Explain the innovation as business determinant, describe the process of the innovation and point out types of innovation;  Analyze resources as a business determinant and describe the business (entrepreneurial) infrastructure;  Develop a business plan model (the form and content of a concrete idea or company);  Classifiy general and specific models of financing a business as well as possible variants in the creation of business through the international and national practices;
Lecturer / Teaching assistantBoban Melović, PhD
MethodologyExplication of theoretical postulates, case studies (foreign and domestic), essays, debates, practical workshops (business plan, etc..), discussions in class, etc..
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction to business - the basic categories and conceptual definition of business and entrepreneurial ventures; Historical development of entrepreneurship (business) - classical and contemporary theories;
I week exercisesIntroduction to business - the basic categories and conceptual definition of business and entrepreneurial ventures; Historical development of entrepreneurship (business) - classical and contemporary theories;
II week lecturesNature of business (entrepreneurship); The ability to identify business opportunities; Operations (tasks) of business owners; Business management; Entrepreneurial management and business stakeholders;
II week exercises Nature of business (entrepreneurship); The ability to identify business opportunities; Operations (tasks) of business owners; Business management; Entrepreneurial management and business stakeholders;
III week lecturesClassification (types) of business owners (entrepreneurs); Entrepreneurship vs small business; Properties and characteristics of business owners (entrepreneurs); The objectives of the business; Business (entrepreneurial) skills; The influence of cultural factors on business; Business network; Conflicts in business;
III week exercisesClassification (types) of business owners (entrepreneurs); Entrepreneurship vs small business; Properties and characteristics of business owners (entrepreneurs); The objectives of the business; Business (entrepreneurial) skills; The influence of cultural factors on business; Business network; Conflicts in business;
IV week lecturesBusiness (entrepreneurial) process; Business ideas vs business opportunity; Factors entrepreneurial (business) processes;
IV week exercisesBusiness (entrepreneurial) process; Business ideas vs business opportunity; Factors entrepreneurial (business) processes;
V week lecturesTraditional career vs business (entrepreneurial) career; The process of initiating a business
V week exercisesTraditional career vs business (entrepreneurial) career; The process of initiating a business
VI week lecturesBusiness opportunity – nature of business opportunities; Innovation as a determinant of business; Sources of business ideas; Methods and techniques for detecting and analyzing business opportunities; Entrepreneurial (business) risk; Business decisions; The process of innovation; Types of innovation in business;
VI week exercisesBusiness opportunity – nature of business opportunities; Innovation as a determinant of business; Sources of business ideas; Methods and techniques for detecting and analyzing business opportunities; Entrepreneurial (business) risk; Business decisions; The process of innovation; Types of innovation in business;
VII week lecturesMidterm exam
VII week exercisesMidterm exam
VIII week lecturesResources as a determinant of business; Business (Entrepreneurship) infrastructure;
VIII week exercisesResources as a determinant of business; Business (Entrepreneurship) infrastructure;
IX week lecturesOrganization of business activities; Changes as a determinant of business; Control of resources in business; Contemporary forms of business organization; The life cycle of a business; Business and market - the relationship and hierarchy;
IX week exercisesOrganization of business activities; Changes as a determinant of business; Control of resources in business; Contemporary forms of business organization; The life cycle of a business; Business and market - the relationship and hierarchy;
X week lecturesBusiness crisis - causes, consequences and possible solutions (solutions); Types of business crises;
X week exercisesBusiness crisis - causes, consequences and possible solutions (solutions); Types of business crises;
XI week lecturesSuccess factors for new business; Measuring success in business; Communicating in business; Motivation (reward system) in business; Business and Social Responsibility - business results and business ethics. Control of business activities;
XI week exercisesSuccess factors for new business; Measuring success in business; Communicating in business; Motivation (reward system) in business; Business and Social Responsibility - business results and business ethics. Control of business activities;
XII week lecturesA business plan; Creating a business plan - the form and content of the business plan; Enable students to independently develop business plans, preparing for competitions etc.
XII week exercisesA business plan; Creating a business plan - the form and content of the business plan; Enable students to independently develop business plans, preparing for competitions etc.
XIII week lecturesInitiating a new business; The choice of form of business ownership; Legal aspects of business management; Positioning of business on the market;
XIII week exercisesInitiating a new business; The choice of form of business ownership; Legal aspects of business management; Positioning of business on the market;
XIV week lecturesFinancing business; Models of financing business (business enterprise); Support business development and entrepreneurship - international and national practices; Specific models of business development - Scientific and technological parks, business incubators and clusters; Social entrepreneurship and business; Womens entrepreneurship and business; Electronic business;
XIV week exercisesFinancing business; Models of financing business (business enterprise); Support business development and entrepreneurship - international and national practices; Specific models of business development - Scientific and technological parks, business incubators and clusters; Social entrepreneurship and business; Womens entrepreneurship and business; Electronic business;
XV week lecturesPossible variations in the design of business; Buying an existing business; Starting a new business; Franchising as a model for developing business; Mergers and acquisitions as a model of growth management business; Going out of business - leaving businesses; Businesses and new economic paradigm - business, globalization and modern trends; Test;
XV week exercisesPossible variations in the design of business; Buying an existing business; Starting a new business; Franchising as a model for developing business; Mergers and acquisitions as a model of growth management business; Going out of business - leaving businesses; Businesses and new economic paradigm - business, globalization and modern trends; Test;
Student workload5 credits x 40/30 = 6,66 hours Structure: 2 hours of lectures 2 hours of exercise 2.6 hours of independent work, including consultations
Per weekPer 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 take the planned tests, essays, seminars and practical works.
ConsultationsAfter hours of lectures and during official terms for consultations published on the website of the Faculty.
LiteratureBoban Melović PhD, Business and Entrepreneurship, Faculty of Economics, Podgorica, 2015, chrestomathy - selection of leading textbooks of business and entrepreneurship; Further reading: Dragan Lajović PhD and associates, Introduction to Business, Faculty of Economics, Podgorica, 2012, chrestomathy Blagoje Paunovic, Entrepreneurship and Small Business Management, Faculty of Economics, Belgrade, 2012 Entrepreneurship training programs - London Business School Programs GEM - Global Entrepreneurship Monitor
Examination methodsAssessment structures formed on the basis of the following elements: Two colloquiums with 25 points. Essay / Activity - 10 points; Business Plan - 10 points. The final exam - 30 points.
Special remarks-
Comment-
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ACCOUNTING

Course:ACCOUNTING/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
11Obavezan373+4+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMIC SYSTEM

Course:ECONOMIC SYSTEM/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
12Obavezan363+2+0
ProgramsECONOMICS
Prerequisites For successful studying of this course certain knowledge of basic economic disciplines is needed.
Aims Analysis of complex (inter)dependence of economic and systemic mechanisms and institutions, instruments and measures of economic policy and their impact on the socio-economic performance.
Learning outcomes
Lecturer / Teaching assistantprof.dr Ljubinko Dedović - professor and Nemanja Popović, MSc - assistant
MethodologyLectures and exercises (tests, term papers and midterm tests). The assessment process includes two midterm tests and a final exam.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesEconomic systems and comparative analysis – fundamental determination and definition of the economic system. Concept and subject of the comparative analysis of modern economic systems.
I week exercisesEconomic systems and comparative analysis – fundamental determination and definition of the economic system. Concept and subject of the comparative analysis of modern economic systems.
II week lecturesGrouping (typology) of economic systems. Evaluation of the effectiveness of economic systems. Methods of the comparative analysis of economic systems.
II week exercises Grouping (typology) of economic systems. Evaluation of the effectiveness of economic systems. Methods of the comparative analysis of economic systems.
III week lecturesComparative analysis of the main determinants of the economic systems – Ownership. Decision-making. Motivation. Coordination mechanism.
III week exercisesComparative analysis of the main determinants of the economic systems – Ownership. Decision-making. Motivation. Coordination mechanism.
IV week lecturesEconomic system and economic policy – The basic concept of economic policy. Objectives, instruments and economic policy measures.
IV week exercisesEconomic system and economic policy – The basic concept of economic policy. Objectives, instruments and economic policy measures.
V week lecturesEconomic functions of the state and public sector economy – basic features, areas and weaknesses of performing economic functions of the state. Creation of a "demand" for the public sector and the economic functions of the state.
V week exercisesEconomic functions of the state and public sector economy – basic features, areas and weaknesses of performing economic functions of the state. Creation of a "demand" for the public sector and the economic functions of the state.
VI week lecturesPublic sector offer creation. Disadvantages of the market mechanism and the role of the state - Monopolies and their regulation.
VI week exercisesPublic sector offer creation. Disadvantages of the market mechanism and the role of the state - Monopolies and their regulation.
VII week lecturesExternal effects and the activity of the state. Public goods and public consumption. Production with declining costs and increasing returns. Redistribution of income and the role of the state. Modern market economy and the new role of the state. Developed market economies in current conditions.
VII week exercisesExternal effects and the activity of the state. Public goods and public consumption. Production with declining costs and increasing returns. Redistribution of income and the role of the state. Modern market economy and the new role of the state. Developed market economies in current conditions.
VIII week lecturesTraditional and new macroeconomic policy – the Great Depression. The Great Depression: problems and ideas. Keynesian policies and the success of the 50s and 60s.
VIII week exercisesTraditional and new macroeconomic policy – the Great Depression. The Great Depression: problems and ideas. Keynesian policies and the success of the 50s and 60s.
IX week lecturesStagflation of the 70s and 80s: the limits of Keynesian concept.
IX week exercisesStagflation of the 70s and 80s: the limits of Keynesian concept.
X week lecturesMonetarism. The theory of rational expectations and economic policy.
X week exercisesMonetarism. The theory of rational expectations and economic policy.
XI week lecturesThe theory of the economy of supply and the results of economic programmes. Disputes and agreements in the debate on macroeconomic policy.
XI week exercisesThe theory of the economy of supply and the results of economic programmes. Disputes and agreements in the debate on macroeconomic policy.
XII week lecturesThe first results of the transition to a market economy – expected and unexpected developments in the transition economies of Eastern and Central Europe. Restriction of domestic credit – the pitfalls of conventional stabilization program. The relationship between economic stabilization, its dynamics and growth.
XII week exercisesThe first results of the transition to a market economy – expected and unexpected developments in the transition economies of Eastern and Central Europe. Restriction of domestic credit – the pitfalls of conventional stabilization program. The relationship between economic stabilization, its dynamics and growth.
XIII week lecturesComparative performance analysis of the contemporary economic systems – economic growth. Efficiency. Stability
XIII week exercisesComparative performance analysis of the contemporary economic systems – economic growth. Efficiency. Stability
XIV week lecturesOpenness. Distribution.
XIV week exercisesOpenness. Distribution.
XV week lecturesStandard and quality of life.
XV week exercisesStandard and quality of life.
Student workload3P + 2V, 6 ECTS.
Per weekPer 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.
ConsultationsAfter lessons
LiteratureDr Jurij Bajec and dr Ljubinka Joksimović, Contemporary Economic Systems, Faculty of Economics, Belgrade 2010. Paul R. Gregory and Robert C. Stuart, The Global Economy and Its Economic Systems, International Edition, South-Western, Cengage Learning, 2014.
Examination methodsThe following are taken into account: 1. Activity in seminars/practice ........................................................................ .................. 10 points 2. Midterm test ............................................................................... 45 points 3. Final exam.....................................45 ...................................................................................................................... 40 points Total: 100 points Passing grade is obtained if at least 50 points are collected.
Special remarksFinal exam is oral. Based on all the tests the final score is obtained.
CommentAdditional information on the course: provided by the professor and the assistant.
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / STATISTICS

Course:STATISTICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
13Obavezan273+3+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / DEVELOPMENT OF ECONOMIC THOUGHT

Course:DEVELOPMENT OF ECONOMIC THOUGHT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
14Obavezan362+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / MONETARY ECONOMICS

Course:MONETARY ECONOMICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
21Obavezan563+2+0
ProgramsECONOMICS
Prerequisites No conditionality
Aims Introducing students to modern theoretical, comparative, systemic and practical aspects of monetary economics.
Learning outcomes After this course, students will be able to interpret functioning of the monetary system, transmission mechanisms through which the monetary factor influences the real sector of economy, with primary focus on studing and discusssing purchase power and inter-currency value of money. Students will also be able to link the theoretical approach and concept of money mass with the empirical and operational concept.
Lecturer / Teaching assistantDr Slobodan Lakić (professor), Dženana Đurković (assistant)
MethodologyClassical teachnig methods
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesSignificance of monetary economics as fundamental science of economics and its operability in economic processes
I week exercisesFoundation and development of money
II week lecturesEconomic and legal aspect of money. Money and capital specifcation. Definition of money.
II week exercises Functions of money
III week lecturesSystems of money - gold and paper money
III week exercisesCredit - economic functions and severe conseqeuences
IV week lecturesMoney supply and demand, money market equilibriuum and IS-LM model
IV week exercisesMoney velocity
V week lecturesMonetary aggregates
V week exercisesTheoretical, empiricial and operative concept of money supply
VI week lecturesCredit multiplication
VI week exercisesBase money and money multiplier
VII week lecturesEffects of easy and tight monetary policy
VII week exercisesMonetary equilibrium (stability)
VIII week lecturesMoney theories
VIII week exercisesValue of money changes
IX week lecturesInflation and deflation
IX week exercisesCurrency stabilization conceptions
X week lecturesMonetary system and monetary policy
X week exercisesMonetary policy strategies
XI week lecturesInstruments of monetary policy
XI week exercisesDollarization and currency board
XII week lecturesForeign exchange market, foreign exchange, currency
XII week exercisesMonetary and foreign exchange reserves
XIII week lecturesExchange rates
XIII week exercisesTheory of exchange rates
XIV week lecturesChanges of intercurrency value of money
XIV week exercisesCurrency convertibility
XV week lecturesInternational Monetary System
XV week exercisesInternational Monetary Fund
Student workload
Per weekPer 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
ConsultationsOnce a week
LiteratureMonetary Economics, A. Živković, G. Kožetinac, S. Popović; Additional papers - S. Lakić, Dž. Đurković
Examination methodsMid-term test, Oral exam
Special remarksNone
CommentNone
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / FINANCIAL MANAGEMENT

Course:FINANCIAL MANAGEMENT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
26Obavezan663+2+0
ProgramsECONOMICS
Prerequisites None
Aims Financial Management provides an overview of basic theoretical concepts necessary for understanding the management of firm finance.
Learning outcomes After passing this exam, the student will be able to: 1. Define and present the basic theoretical concepts needed to understand and manage the company finances. 2. Explain structure of the financial statements and the procedure of financial decision making. 3. Evaluate financial position of a company. 4. Analyze the role of financial markets and its role in financing business. 5. Conduct the investment projects evaluation using capital budgeting techniques. 6. Forecasting financial statements.
Lecturer / Teaching assistantSaša Popović, PhD, Jelena Jovović, MSc
MethodologyLectures and Practical Exercises
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesntroduction to Financial management: - Introduction with lecturers and study programme - The firm and its mission - Value, price and risk - Agency problem
I week exercisesAnalysis of financial statements
II week lecturesFinancial decisions and financial function: - Compilation and interpretation of Financial reports - Financial decisions - The role of Finance function
II week exercises Liquidity analysis and short - term financial equilibrium
III week lecturesFinancial management function: - Financial function scope - The relation between financial and other functions inside the firm - The organization of financial function
III week exercisesFinancial structure and long - term financial equilibrium analysis
IV week lecturesFinancial policy and funding rules: - Financial policy - Funding principles - Funding rules
IV week exercisesTurnover ratio analysis
V week lecturesLiquidity and liquidity policy: - Understanding and measuring liquidity - Case study: liquidity and activity analysis in Excel
V week exercisesProfitability ratio analysis
VI week lecturesFinancial markets: - Relation between financial reports and financial markets - Money and Capital markets instruments - Capital market - Institutional and individual investors - Market efficiency
VI week exercisesMarket value ratio analysis
VII week lecturesSources of corporate funds:  External and internal sources of financing  Financial innovations  Case study: profitability and market value analysis in Excel
VII week exercisesAnalytical interpretation of break-even point
VIII week lecturesCrediting: - Types of credits - Interest rate – credit price - Interest rate calculation
VIII week exercisesForecasting Balance Sheet - minimal acumulation
IX week lecturesSpecific types of financing - Factoring - Forfeiting - Franchising - Leasing
IX week exercisesForecasting Balance Sheet - maximal acumulation
X week lecturesCorporate Financial Planning - The process of financial planning - Compilation of planned financial reports - Breakeven point and financial planning
X week exercises Forecasting Income Statement
XI week lecturesRisk management - Leverage definition - Operational leverage, Financial and Total leverage - Exchange rate risk
XI week exercisesQuantitative analysis of operating, financial and total leverage
XII week lecturesDefinition and quantification of long-term investment effects - Definition and quantification of long-term investment effects - Assessment of long-term investment profitability - Case study: long-term investment evaluation in Excel (NPV, IRR; PI)
XII week exercisesEvaluation of long-term investment: practical analysis
XIII week lecturesCompany valuation: - Company valuation methods - Case study
XIII week exercisesPractical preparation for the midterm exam
XIV week lecturesExam
XIV week exercisesSoftware simulation of long-term investment process evaluation
XV week lecturesExam resit
XV week exercisesZavršni ispit
Student workload
Per weekPer 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 Compulsory attendance to lectures and exercises.
Consultationsin scheduled terms
Literature Van Horne, J. C. i Wachowicz, J. M.: „Fundamentals of Financial Management“, Prentice Hall, Pearson Education Limited. Rodić, J. i Filipović, M.: „Poslovne finansije“, Asimex, Beograd, 2006
Examination methods• Lecture activities • Case study • Written exam • Final exam
Special remarks- Additional information on website: www.finansije.net - This syllabus has been evaluated and complied with the ACCA program (Association of Chartered Certified Accountants) by World bank experts
Comment• Lectures and exercises can be held in English. • For the purpose of this course we launched website www.finansije.net
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / BUSINESS INFORMATION SYSTEMS

Course:BUSINESS INFORMATION SYSTEMS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
35Obavezan663+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes Understands the role and importance of business information systems; Recognizes stages in the development of information systems; Uses methodology of structured systems analysis for the user requirements specifications in the initial stages of development of information systems; Recognizes the basics of UML Recognizes the theoretical foundations of the various categories of information systems; Resolves numerous tasks by applying advanced Excel that follows the companys operations
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMETRICS

Course:ECONOMETRICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
46Obavezan552+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / INTERNATIONAL ECONOMICS

Course:INTERNATIONAL ECONOMICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
47Obavezan463+2+0
ProgramsECONOMICS
Prerequisites None.
Aims Explain to students the development trends in international economy, theory and practice.
Learning outcomes After 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 the effects on the domestic and international level. - Examine different trade policy instruments and the consequences of their application (customs 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 against it. - Develop analytical skills that will help them to apply theoretical knowledge in practice and analysis of various problems from the international economy.
Lecturer / Teaching assistantLecturer: Full Professor Danijela Jaćimović Teaching assistants: Sunčica Vuković, PhD, Dženana Đurković
MethodologyLectures, exercises, presentations, seminars, discussions.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction to international economics and effects on economic growth
I week exercisesIntroduction to international economics and effects on economic growth
II week lecturesClassic models of foreign trade
II week exercises Classic models of foreign trade
III week lecturesH-O-S theory
III week exercisesH-O-S theory
IV week lecturesContemporary theories of foreign trade
IV week exercisesContemporary theories of foreign trade
V week lecturesTariff and non-tariff trade restrictions
V week exercisesTariff and non-tariff trade restrictions
VI week lecturesInstitutional forms of regulation of international trade
VI week exercisesInstitutional forms of regulation of international trade
VII week lecturesInternational monetary system - history
VII week exercisesInternational monetary system - history
VIII week lecturesColloquium
VIII week exercisesColloquium
IX week lecturesInternational monetary system - present and future
IX week exercisesInternational monetary system - present and future
X week lecturesInternational Capital Movements and MNCs. Balance of Payments
X week exercisesInternational Capital Movements and MNCs. Balance of Payments
XI week lecturesEconomic integration: customs unions and free trade zones
XI week exercisesEconomic integration: customs unions and free trade zones
XII week lecturesHistory of economic integration attempts: EU, NAFTA, MERCOSUR, ASEAN
XII week exercisesHistory of economic integration attempts: EU, NAFTA, MERCOSUR, ASEAN
XIII week lecturesOrigin and effects of European integration
XIII week exercisesOrigin and effects of European integration
XIV week lecturesRemedial colloquium
XIV week exercisesRemedial colloquium
XV week lectures
XV week exercises
Student workload
Per weekPer 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 Attendance at lectures and exercises, homework.
ConsultationsFriday, 10:30 - 12:30, office 218
Literature1. D. Salvatore, Medjunaordna ekonomija, prevod Ekonomski fakultet Beograd, 2009. 2. J. Geber, International Economics, Pearson Education Limited 2018 3. Ali M. El-Agraa, The Europen Union, Cambridge University Press 2011 4. R. Baldwin and C. Wyplosz, The Economics of European Integration, McGraw-Hill, Education, 2019. 5. D. Jacimovic, Uvod u ekonomiju EU, Univerzitet Crne Gore, Podgorica, 2015 6. Autorizovana predavanja prof. dr Danijele Jaćimović 7. Raspoloživi udžbenici iz međunarodne ekonomije
Examination methodsColloquium - 40% (chapters from D. Salvatores book: 2, 5, 6, 8, 9, 11, 20 and authorized lectures) (Short questions - 16 points for rounding, 3 short essay questions of 8 points each; test duration 60 minutes) Activity - 15% Final exam - 45% (oral, chapters from D. Salvatores book: 21, 12, 13, 10 and D. Jaćimović authorized lectures)
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMIC DEVELOPMENT

Course:ECONOMIC DEVELOPMENT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
48Obavezan563+2+0
ProgramsECONOMICS
Prerequisites The subject is not conditional on other subjects
Aims Studying the theory, policy and planning of the economic development of modern economic systems, 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 issues and concepts of economic growth and economic development, theories of economic development, goals, indicators, factors and strategies of economic development • Knows and understands the development policy of modern market economies, the development function of key economic policies (monetary, fiscal, foreign trade, environmental, innovation), as well as the system of macroeconomic management and development planning • Possesses knowledge and understanding of the development of the economy of Montenegro through development periods and critically analyzes internal and external limitations of the modern primary development of the country and the region • Applies acquired knowledge from the theory and policy of economic development to the analysis of the development model and development policy in Montenegro • Possesses knowledge and understanding of the process of European economic integration of Montenegro as a framework for conducting development policy; understands the importance of adapting macroeconomic management to the model of supranational coordination of economic policies as it functions in the EU; • Understands the process and reasons for joining the EU and critically approaches the observation of changes in that process in relation to the development performance of the economy (advantages and costs of integration into the EU macrosystem); • Can use professional literature in the field of economic development and European integration, correctly interpret the findings of published research through writing seminars, essays and debates;
Lecturer / Teaching assistantProf. dr Gordana Đurović Stevan Đurić
MethodologyClassical lectures and exercises. Conversation and explanations during lectures, with analysis of applied macroeconomic topics from economic policy and economic development of Montenegro, including seminar papers and student presentations during exercises. Up to 2 colloquiums and a final oral exam are planned.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction to the theory of economic growth and economic development
I week exercisesIntroduction to the theory of economic growth and economic development
II week lecturesMore important theories of economic growth and development
II week exercises More important theories of economic growth and development
III week lecturesGoals and indicators of economic development
III week exercisesGoals and indicators of economic development
IV week lecturesFactors of economic development, business cycles
IV week exercisesFactors of economic development, business cycles
V week lecturesEconomic development strategies, Sustainable development, Economic development and underdevelopment; I test, Theory of economic development
V week exercisesEconomic development strategies, Sustainable development, Economic development and underdevelopment; I test, Theory of economic development
VI week lecturesSpontaneous and conscious market economic regulation, Basics of the policy of development of market economies,
VI week exercisesSpontaneous and conscious market economic regulation, Basics of the policy of development of market economies,
VII week lecturesProblems and policies: internal and external aspects;
VII week exercisesProblems and policies: internal and external aspects;
VIII week lecturesThe development function of fiscal policy,
VIII week exercisesThe development function of fiscal policy,
IX week lecturesMonetary policy in the function of shaping real economic flows, Foreign economic policy in the function of shaping the development performance of the economy
IX week exercisesMonetary policy in the function of shaping real economic flows, Foreign economic policy in the function of shaping the development performance of the economy
X week lecturesInnovation policy; Environmental policy
X week exercisesInnovation policy; Environmental policy
XI week lecturesMacroeconomic planning as a subsystem of the development management system
XI week exercisesMacroeconomic planning as a subsystem of the development management system
XII week lecturesII test, Macroeconomic development policy Profile of economic development, economic structure and development policy of Montenegro
XII week exercisesII test, Macroeconomic development policy Profile of economic development, economic structure and development policy of Montenegro
XIII week lecturesMacroeconomic management in the EU, coordination of economic policies and reflections on Montenegro
XIII week exercisesMacroeconomic management in the EU, coordination of economic policies and reflections on Montenegro
XIV week lecturesAccession to the EU as a development framework for the countries of the region
XIV week exercisesAccession to the EU as a development framework for the countries of the region
XV week lecturesEuropean integration of Montenegro, program of economic reforms and sectoral strategies
XV week exercisesEuropean integration of Montenegro, program of economic reforms and sectoral strategies
Student workload
Per weekPer 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
ConsultationsProf. Dr. Gordana Đurović – Monday 17.00 - 19.00 h, Office 208 / 2nd floor Stevan Đurić - Monday 10:00 a.m. - 12:00 p.m., Office 421/ IV floor
Literature- 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 methodsThe 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ENTERPRENEURSHIP

Course:ENTERPRENEURSHIP/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
49Obavezan663+2+0
ProgramsECONOMICS
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 a 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 assistantAssistan professor: Mirjana Kuljak, PhD Teaching assistant: Dragana Ćirovic, MSc
MethodologyLectures, case study analysis, group discussions, student assignment presentations and company internship
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIdentifying and analysing entrepreneurial chances
I week exercisesIdentifying and analysing entrepreneurial chances
II week lecturesTransforming 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 lecturesDeveloping usefull business plan
III week exercisesDeveloping usefull business plan
IV week lecturesCreating appealing elements to sell an entrepreneurial idea to investors, buyers, partners and key employees
IV week exercisesCreating appealing elements to sell an entrepreneurial idea to investors, buyers, partners and key employees
V week lecturesAttracting most talented people and vital resources needed to transform a vision into reality
V week exercisesAttracting most talented people and vital resources needed to transform a vision into reality
VI week lecturesDeveloping organisation and capabilities needed for launching and sustaining business enterprises in early phase of their development
VI week exercisesDeveloping organisation and capabilities needed for launching and sustaining business enterprises in early phase of their development
VII week lecturesBringing decision whether to develop capabilities inside the organization or to obtain them through partnerships, joint ventures or potential acquisitions
VII week exercisesBringing decision whether to develop capabilities inside the organization or to obtain them through partnerships, joint ventures or potential acquisitions
VIII week lecturesDeveloping strategy, organization and model of lidership for various phases of business growth
VIII week exercisesDeveloping strategy, organization and model of lidership for various phases of business growth
IX week lecturesRecognizing and managing risk, while creating and measuring value
IX week exercisesRecognizing and managing risk, while creating and measuring value
X week lecturesColloquium
X week exercisesColloquium
XI week lecturesCorrective colloquium
XI week exercisesCorrective colloquium
XII week lecturesInternship
XII week exercisesInternship
XIII week lecturesInternship
XIII week exercisesInternship
XIV week lecturesInternship
XIV week exercisesInternship
XV week lecturesInternship
XV week exercisesInternship
Student workloadWeekly 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 sati
Per weekPer 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 A student has obligations to regularly attend classes and pursue activities according to ECTS criteria.
ConsultationsAs written on Faculty site and on the teachers room door
LiteratureLiterature 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 methodsTo pass the exam a 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
CommentStudents who will be doing an internship in a company from this subject will be required to do 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 part of the final exam (50% of the points awarded by the final exam). Students can earn the remaining 25 points in the final exam by taking the oral exam. Students who do their internship in the company from another subject take the oral final exam and can earn up to 50 points that way.
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / PUBLIC FINANCE

Course:PUBLIC FINANCE/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
84Obavezan663+2+0
ProgramsECONOMICS
Prerequisites No conditionality.
Aims • Introducing into the basic analytical methods used to study the public sector and the role of the state in theory and practice; • Introducing into the basic concepts on which the role of the state, the social insurance system and the welfare state are based, as well as the structure of the tax system; • Understanding the practical aspects necessary to apply the theoretical concepts of public finance in practice.
Learning outcomes After completing this course, the student will acquire the knowledge to: • Understand key issues in the field of public finance; • Explain the controversies and challenges that are characteristic of the role of the state in the field of public finance; • Understand the key features and principles of fiscal policy, such as public revenues, public expenditures and budget policy and the budget process; • Discuss and interpret key issues related to financing the state through borrowing.
Lecturer / Teaching assistantMilena Konatar, Assistant Professor
MethodologyStudents are required to attend classes and actively participate in lectures and exercises.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction to Public Finance. Tools of Normative Analysis.
I week exercisesIntroduction to Public Finance. Tools of Normative Analysis.
II week lecturesPublic Goods. Externalities. Political Economy.
II week exercises Public Goods. Externalities. Political Economy.
III week lecturesPublic Expenditure Theory. Cost-Benefit Analysis. Budget.
III week exercisesPublic Expenditure Theory. Cost-Benefit Analysis. Budget.
IV week lecturesEducation. The Health Care Market.
IV week exercisesEducation. The Health Care Market.
V week lecturesSocial Security and Pension Security. Income Redistribution: Conceptual Issues.
V week exercisesSocial Security and Pension Security. Income Redistribution: Conceptual Issues.
VI week lecturesTaxation Theory.
VI week exercisesTaxation Theory.
VII week lecturesTaxation and Income Distribution. Taxation and Efficiency. Efficient and Equitable Taxation.
VII week exercisesTaxation and Income Distribution. Taxation and Efficiency. Efficient and Equitable Taxation.
VIII week lecturesMidterm
VIII week exercisesMidterm
IX week lecturesForms of Taxes (Consumption Taxation. Labor Taxation. Capital Taxation). Debt Financing. Fiscal decentralization. Fiscal policy.
IX week exercisesForms of Taxes (Consumption Taxation. Labor Taxation. Capital Taxation). Debt Financing. Fiscal decentralization. Fiscal policy.
X week lecturesRemedial midterm
X week exercisesRemedial midterm
XI week lecturesPractical teaching
XI week exercisesPractical teaching
XII week lecturesPractical teaching
XII week exercisesPractical teaching
XIII week lecturesPractical teaching
XIII week exercisesPractical teaching
XIV week lecturesPractical teaching
XIV week exercisesPractical teaching
XV week lecturesPractical teaching
XV week exercisesPractical teaching
Student workloadWeekly: 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 students 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 weekPer 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 Lessons attendance is mandatory for students as well as participating in classes actively.
ConsultationsAt the scheduled time.
LiteratureRosen, S. H. i T. Gayer (2018). Javne finansije, Centar za izdavačku delatnost, Univerzitet u Beogradu - Ekonomskog fakulteta, Beograd. Radičić, M. i Raičević, B. (2011). Javne finansije - teorija i praksa. Subotica: Ekonomski fakultet, drugo izdanje
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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / DEMOGRAPHIC ANALYSIS

Course:DEMOGRAPHIC ANALYSIS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2104Obavezan632+0+0
ProgramsECONOMICS
Prerequisites none
Aims
Learning outcomes Demographic analysis - 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. Master the calculation of fertility and migration indicators and its interpretation. 8. Master 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 assistantDoc. dr Julija Cerović Smolović
Methodology
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction 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 lecturesBasic concepts and indicators in demographic analysis. The concept of population and the basic demographic equation. Demographic indicators. The concept of population growth. Age, period and cohort. Lexis diagram. Types of observation and methods of demographic analysis. Cohort method and transversal method of analysis.
II week exercises
III week lecturesPopulation mortality - a biological process. Methods of mortality analysis. Mortality indicators. General rate and specific death rates by age and sex. Standardized mortality rates. Life expectancy. Infant mortality. Causes of death and morbidity. Morbidity indicators.
III week exercises
IV week lecturesMortality tables. Cohort and periodic, complete and abbreviated mortality tables. Biometric functions. Use and models of mortality tables.
IV week exercises
V week lecturesFertility, methods of fertility analysis. Fertility indicators based on transverse and cohort analysis. Differential fertility analysis. Other birth rates.
V week exercises
VI week lecturesPopulation migrations - basic concepts. Classification of migrations and indicators of migratory movements. Migration theories. Methods of demographic analysis for estimating the migration balance: vital-statistical method and census-based method.
VI week exercises
VII week lecturesPopulation structures, the relationship between movements and population structures. Gender structure, factors influencing the formation of gender structure and indicators of gender structure. Age structure, factors influencing the formation of the age structure and indicators of the age structure. Demographic aging. Economic structures of the population.
VII week exercises
VIII week lecturesPopulation projections - basic concepts. Projection methods. Mathematical method of projections and method of components. Hypotheses about fertility, mortality and migration in demographic projections.
VIII week exercises
IX week lecturesDemographic models, basic notes and division.
IX week exercises
X week lecturesColloquium.
X week exercises
XI week lecturesCorrective colloquium.
XI week exercises
XII week lecturesPractical teaching.
XII week exercises
XIII week lecturesPractical teaching.
XIII week exercises
XIV week lecturesPractical teaching.
XIV week exercises
XV week lecturesPractical teaching.
XV week exercises
Student workload-
Per weekPer 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.
ConsultationsLook on the notice board and on the faculty website.
Literature1. 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 methodsActivity – 10 points Colloquium- 50 points Final exam- 40 points
Special remarks-
Comment-
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / BUSINESS INFORMATICS

Course:BUSINESS INFORMATICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2108Obavezan173+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / MICROECONOMICS

Course:MICROECONOMICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2110Obavezan373+2+0
ProgramsECONOMICS
Prerequisites None.
Aims The aim of the course is to help students understand how prices and quantities are formed in a particular market, as well as to master the basic terminology and analytical tools in the field of microeconomics and gain enough knowledge and intuition to discuss basic economic problems.
Learning outcomes After passing the Microeconomics exam, students are expected to be able to: • define the elements of supply and demand, market balance • analyze different forms of the market; • analyze and interpret the results obtained by applying microeconomic models; • plan, implement and interpret simple research tasks in which the acquired knowledge from microeconomics is used
Lecturer / Teaching assistantProfessor Zdenka Dragašević, lecturer Dženana Đurković, teaching assistant
MethodologyLectures and exercises with numerous examples to help master the material. It is desirable that students engage in conversation, do assignments on the board and ask questions. 2 colloquia and a final exam are planned.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction: markets and prices.
I week exercisesIntroduction: markets and prices.
II week lecturesBasics of supply and demand
II week exercises Basics of supply and demand
III week lecturesConsumer behavior
III week exercisesConsumer behavior
IV week lecturesExample: Consumer’s optimal point Individual and market demand - income effect and substitution effect
IV week exercisesExample: Consumer’s optimal point Individual and market demand - income effect and substitution effect
V week lecturesIndividual and market demand - market demand, network externalities Example: Income effect and substitution effect
V week exercisesIndividual and market demand - market demand, network externalities Example: Income effect and substitution effect
VI week lecturesExample: Income effect and substitution effect Production - production with one variable cost
VI week exercisesExample: Income effect and substitution effect Production - production with one variable cost
VII week lecturesProduction - production with two variable costs Example: One-factor production function
VII week exercisesProduction - production with two variable costs Example: One-factor production function
VIII week lecturesExample: Two-factor production function
VIII week exercisesExample: Two-factor production function
IX week lecturesProduction costs - short-term costs Production costs - long-term cost curves Colloquium (material ending with 8th week of teaching), 25th November 2023
IX week exercisesProduction costs - short-term costs Production costs - long-term cost curves Colloquium (material ending with 8th week of teaching), 25th November 2023
X week lecturesProfit maximization and competitive supply - choice of production levels. in short term Profit maximization and competitive supply - choice of production levels. in the long term
X week exercisesProfit maximization and competitive supply - choice of production levels. in short term Profit maximization and competitive supply - choice of production levels. in the long term;
XI week lecturesExample: The analysis of competitive markets The remedial colloquium, 9th December 2023
XI week exercisesExample: The analysis of competitive markets The remedial colloquium, 9th December 2023
XII week lecturesMarket power of monopolies Pricing and market power
XII week exercisesMarket power of monopolies Pricing and market power; remedial exam
XIII week lecturesMonopolistic Competition and Oligopolies — Part I Monopolistic Competition and Oligopolies-Part II
XIII week exercisesMonopolistic Competition and Oligopolies — Part I Monopolistic Competition and Oligopolies-Part II
XIV week lecturesFactors of production market - equilibrium in a competitive market Factors of production market with monopsony and monopoly power
XIV week exercisesFactors of production market - equilibrium in a competitive market Factors of production market with monopsony and monopoly power
XV week lecturesFinal exam
XV week exercisesFinal exam
Student workload
Per weekPer 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 recommended to follow classes and do homework and exams
ConsultationsAfter lectures and exercises classes
LiteratureTextbook: Mikroekonomija (peto izdanje), R.Pindyck, D.Rubinfeld, MATE, Zagreb Recommended References books: Mikroekonomija-moderan pristup, H.Varijan, Ekonomski fakultet, Beograd
Examination methodsThe exam consists of a colloquium and a final exam. Colloquium - 40 points Homework, quiz tests - 10 points Final exam - 50 points The student has the right to a remedial colloquium as well as a remedial final exam.
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMICS OF FIRM

Course:ECONOMICS OF FIRM/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2136Obavezan273+2+0
ProgramsECONOMICS
Prerequisites Course is not conditioned by other courses.
Aims Study the economics of the enterprise and understand the basic principles of the companys 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 assistantJasmina Ćetković, PhD / Milan Raičević, MSc / Nikola Drašković
MethodologyLectures, exercises, consultations, essays, seminar papers, etc.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesConceptual 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 exercisesConceptual 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 lecturesThe emergence and historical development of firm economics. Factors of firm economics. T
II week exercises The emergence and historical development of firm economics. Factors of firm economics.
III week lecturesEconomic functions of the companies. Type of companies (businesses).
III week exercisesEconomic functions of the companies. Type of companies (businesses).
IV week lecturesReproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered).
IV week exercisesReproduction as the object of studying of the firm economics. Reproductive processes (normal and disordered).
V week lecturesConcept 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 exercisesConcept 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 lecturesA combination of production factors – part II. Consumption of material. Labor costs.
VI week exercisesA combination of production factors – part II. Consumption of material. Labor costs.
VII week lecturesCost of fixed assets. Depreciation of fixed assets.
VII week exercisesCost of fixed assets. Depreciation of fixed assets.
VIII week lecturesCosts as a form of investments in reproduction process.
VIII week exercisesCosts as a form of investments in reproduction process.
IX week lecturesSystematization of costs. Dynamics of costs – introduction.
IX week exercisesSystematization of costs. Dynamics of costs – introduction.
X week lecturesDynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs.
X week exercisesDynamics of costs – part II. Fixed costs. Relatively fixed costs. Proportional costs.
XI week lecturesDynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost.
XI week exercisesDynamics of costs – part III. Dynamics of variable costs. Marginal costs. Relation between marginal and average total cost.
XII week lecturesTest
XII week exercisesTest
XIII week lecturesZones in dynamics of costs. Zones of business results.
XIII week exercisesZones in dynamics of costs. Zones of business results.
XIV week lecturesCorrective test.
XIV week exercisesCorrective test.
XV week lecturesProfit optimization. Significant break-even points in firm performances.
XV week exercisesProfit optimization. Significant break-even points in firm performances.
Student workloadWeekly - 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 weekPer 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 to do exam.
ConsultationsConsultations are held after lectures with the professor and after exercises with teaching assistant, as well as in accordance with regular consultations schedule.
Literature• dr Klara Jakovčević, dr Ljubica Komazec, dr Slavica Tomić „Ekonomika preduzeća“, Faculty of Economics Subotica, 2009 • Blagoje Paunović „Ekonomika preduzeća – preduzeće, okruženje i ulaganja“ Faculty of Economics, University of Belgrade, 2015 • http://web.ebscohost.com (access from the Library of Faculty of Economics Podgorica)
Examination methodsTest – 50 points, Active participation in classes – 10 points, Final exam – 40 points
Special remarks/
CommentFor additional information you can contact teachers by e-mail – Jasmina Ćetković jasmina@ucg.ac.me (room 307), Milan Raičević – milan.rai@ucg.ac.me (room 410), Nikola Drašković – nikola.d@ucg.ac.me (room 410), in person, before or after lectures, as well as at regular consultation time.
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / PRINCIPLES OF MANAGEMENT

Course:PRINCIPLES OF MANAGEMENT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2868Obavezan273+2+0
ProgramsECONOMICS
Prerequisites The course is not conditioned by other courses.
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 Learning outcomes (aligned with the outcomes for the study program): After the student passes this exam, he/she will be able to:  understands the role and importance of management in profit and non-profit organizations,  distinguishes managerial skills and knowledge, roles and concepts,  distinguishes the contribution of different authors in the evolution of management as a scientific discipline,  recognizes different cultural determinants of management in a global environment,  identifies various aspects of the companys environment and the impact of the environment on managerial decision-making  explain the importance of specific managerial skills in relation to the management hierarchy,  identifies the importance of planning, organizing, leading and controlling functions in the management process,  creates the vision, mission and goals of the specific company,  explain, analyze and critically evaluate the importance of different management theories in the conditions of modern business,  distinguishes basic models of organizational structure, as well as common trends in the field of organizational solutions,  analyzes and critically evaluates managerial practice in a certain company, while giving suggestions for improvement by introducing appropriate management methods and concepts,  analyzes and critically evaluates the process of leadership and motivation in a certain company,  explain and analyze different control mechanisms within the management process,  defines 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,  understands the importance of decision-making and change management in the context of organizational development,  explain and understand modern concepts and approaches in management  delegates 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  uses modern methods to overcome obstacles in communication, as well as to resolve conflict situations  works under pressure and solves emerging problems in the fastest way
Lecturer / Teaching assistantPhD Ivan Radević / Nikola Drašković / MSc Milan Raičević
MethodologyLectures, exercises, group work, research, essay, practical work...
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction and preparing for the semester
I week exercisesIntroduction and preparing for the semester
II week lecturesTerminology and definition of management and managers
II week exercises Terminology and definition of management and managers
III week lecturesGeneral approach to management theory, early management, pioneers of modern management
III week exercisesGeneral approach to management theory, early management, pioneers of modern management
IV week lecturesBehaviorist school, quantitative school, integrative management school, new management theories, concept, purpose and definition of planning
IV week exercisesBehaviorist school, quantitative school, integrative management school, new management theories, concept, purpose and definition of planning
V week lecturesDevelopment of planning management systems and basic planning tools and techniques
V week exercisesDevelopment of planning management systems and basic planning tools and techniques
VI week lecturesConcept of the life cycle, analysis of the breaking point, techniques to increase creativity, benchmarking, analysis of the organizations environment, vision, mission and goals of the organization
VI week exercisesConcept of the life cycle, analysis of the breaking point, techniques to increase creativity, benchmarking, analysis of the organizations environment, vision, mission and goals of the organization
VII week lecturesStrategies, plans and decision-making
VII week exercisesStrategies, plans and decision-making
VIII week lecturesOrganizational structures and communication
VIII week exercisesOrganizational structures and communication
IX week lecturesExam
IX week exercisesExam
X week lecturesMotivation (concept, basic models, approaches and theories)
X week exercisesMotivation (concept, basic models, approaches and theories)
XI week lecturesGroup activity - presentation of research
XI week exercisesGroup activity - presentation of research
XII week lecturesCorrectional exam
XII week exercisesCorrectional exam
XIII week lecturesGroups and teams, leadership
XIII week exercisesGroups and teams, leadership
XIV week lecturesBasics of controlling, new concepts and approaches to management
XIV week exercisesBasics of controlling, new concepts and approaches to management
XV week lecturesThe essence of the organizational transformation process and recapitulation of the material
XV week exercisesThe essence of the organizational transformation process and recapitulation of the material
Student workloadWeekly 7 ETCS x 40/30 = 9 hours 20 minutes Structure: 2 hours and 15 minutes for lectures 1 hour and 30 minutes for exercises 5 hours and 35 minutes, student intependent work including cosultations In semester Total workload for the course 7 x 30 = 210 hours Structure: Classes and final exam: 9 hours 20 minutes x 16 weeks = 149 hours 20 minutes Necessary preparations before the beginning of the semester (administration, registration, certification): 9 hours 20 minutes x 2 = 18 hours 40 minutes. Additional work for preparing the exam in the additional period: 42 hours.
Per weekPer 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 obliged to attend lectures and exercises and do the planned activities.
Consultations
LiteratureRupčić, N. (2018). Suvremeni menadžment – teorija i praksa. Ekonomski fakultet Sveučilišta u Rijeci. Hrvatska. Mašič, B., Dželetović M. (2021) Uvod u menadžment – principi, proces i koncepti. Univerzitet u Beogradu – Inovacioni centar Fakulteta bezbednosti, Akademska misao – Beograd, Srbija 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 methods1. Colloquium – 30 points 2. Activities (team presentation, practical management) - 30 points 3. Final exam – 40 points
Special remarks/
Comment/
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ORGANIZATIONAL BEHAVIOUR

Course:ORGANIZATIONAL BEHAVIOUR/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
2873Obavezan563+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / NATIONAL ECONOMY

Course:NATIONAL ECONOMY/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
3458Obavezan242+2+0
ProgramsECONOMICS
Prerequisites /
Aims The national economy, in a comprehensive way, studies the conditions, conditions and changes in the economic reality of the Montenegrin economy. The goal of studying subjects at the macro level is to find a solution to establish a rational connection between the set goals of economic policy and the available funds for their achievement.
Learning outcomes After the student passes this exam, they will be able to: • defines the basic concepts of the national economy of Montenegro; • recognize the position of Montenegro and the activity of the economy in its entirety through GDP; • distinguishes the instruments of economic policies of the national economy and individual sectors of the economy; • link the development of the Montenegrin economy in the context of economic development and integration; • assess the link between the set goals and available resources at the level of Montenegro;
Lecturer / Teaching assistantProf. dr Nikola Milović, nastavnik mr Milica Muhadnović i mr Nikola Martinović, saradnici
MethodologyLectures, exercises, seminars, tests, consultations, debates at exercises and within presentations of selected seminars from certain narrow areas.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesSize and degree of achieved development of the Montenegrin economy, natural resources;
I week exercisesSize and degree of achieved development of the Montenegrin economy, natural resources;
II week lecturesMacroeconomic environment, GDP, activities, prices, labor market;
II week exercises Macroeconomic environment, GDP, activities, prices, labor market; databases
III week lecturesPublic Finances of Montenegro
III week exercisesPublic Finances of Montenegro
IV week lecturesPublic debt, government debt and external sector
IV week exercisesPublic debt analysis
V week lecturesThe concept and importance of living standards in Montenegro, regional aspect;
V week exercisesThe concept and importance of living standards in Montenegro, regional aspect;
VI week lecturesSwot analysis of the Montenegrin economy
VI week exercisesSwot analysis of the Montenegrin economy
VII week lecturesColloquium
VII week exercisesColloquium
VIII week lecturesAgriculture and tourism
VIII week exercisesAgriculture and tourism
IX week lecturesTraffic and construction; Corrective colloquium
IX week exercisesTraffic and construction; Corrective colloquium
X week lecturesIndustry of Montenegro; Energetics
X week exercisesIndustry of Montenegro
XI week lecturesEconomic policy in euroized economies;
XI week exercisesEconomic policy in euroized economies;
XII week lecturesFinancial system in Montenegro
XII week exercisesFinancial system in Montenegro
XIII week lecturesForeign direct investments as a driver of economic development of Montenegro
XIII week exercisesForeign direct investments as a driver of economic development of Montenegro
XIV week lecturesStrategic vision of state development - healthy, sustainable, modernized and digitalized Montenegro; The concept of sustainable development
XIV week exercisesThe concept of sustainable development
XV week lecturesCompetitiveness of the Montenegrin economy
XV week exercisesCompetitiveness of the Montenegrin economy;
Student workloadWeekly; 4 credits x 40/30 = 5 hours and 20 minutes Structure: 1.5 hours of lectures, 1.5 hours of exercise, 2 hours and 20 minutes of independent work, including consultations. In the semester: Total load for the subject 4 x 30 = 120 hours Structure: Classes and final exam: 5 hours and 20 minutes x 16 weeks = 85 hours and 20 minutes Necessary preparations before the beginning of the semester (administration, enrollment, certification): 5 hours and 20 minutes x 2 = 10 hours and 40 minutes. Additional work for exam preparation and taking in the remedial period: 24 hours.
Per weekPer 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, active participation of students during the exercises, preparation of seminars with presentations on exercises.
ConsultationsProf. dr Nikola Milović, Wednesday 10-11h, Kabinet 120 / I sprat; nmilovic@ucg.ac.me mr Milica Muhadnović milicamuhadinovic@gmail.com, Thursday 11:30-13h; i mr Nikola Martinović nikola.m@ucg.ac.me, Friday 11:30-13h
Literature1. Milović Nikola, Hrestomatija, Nacionalna Ekonomija Ekonomski fakultet, Podgorica 2022. 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- colloquium (40 points) - class activities, seminar papers, presentations and other forms of direct work with students (15) - final, oral / written, exam (45 points) A passing grade is obtained if at least 50 points are cumulatively collected. Students who won 30 or more points at the colloquium during the semester, take the final exam orally. All other students take the final exam in writing.
Special remarks/
Comment/
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMY OF THE EUROPEAN UNION

Course:ECONOMY OF THE EUROPEAN UNION/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
8100Obavezan663+2+0
ProgramsECONOMICS
Prerequisites
Aims Learning about the history of European integration, the significance, development and ways of implementation of the EUs common policies, policies with divided competences and policies that the Member states control; Learning about the European monetary union, common agricultural policy, customs union and the EUs development policy.
Learning outcomes After passing this exam, the student will be able to: -define basic terms of the EU economy; -recognize the EUs position in modern economic processes; -differentiate EUs economic policy instruments; -connect the development of EUs economy with the development of the Montenegrin economy; -evaluate basic elements of economic policies and their coordination in the EU.
Lecturer / Teaching assistantProf. Nikola Milovic, Ph.D. Nikola Martinović, MSc
MethodologyLectures, exercises, essays, exam, consultations, debates during exercises and presentation of essays from selected specific areas.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesEuropean integration history and significance; Size and strength of the EU economy
I week exercisesEU economy in numbers
II week lecturesEU common policies and competencies according to the Lisbon Treaty
II week exercises Quiz
III week lecturesEUs Customs union
III week exercisesCustoms union in numbers
IV week lecturesEU Common Market
IV week exercisesEU Common Market in numbers
V week lecturesEU Competition Policy
V week exercisesEssay Seminars
VI week lecturesEU Budget
VI week exercisesTest 1
VII week lecturesEuropean monetary Union - EMU
VII week exercisesEMU criteria
VIII week lecturesCommon agricultural policy (CAP)
VIII week exercisesCAP significance for the EU
IX week lecturesTax harmonisation in EU
IX week exercisesTaxes in EU Member States
X week lecturesCorrective test
X week exercisesQuiz
XI week lecturesEnvironment protection and fisheries policy
XI week exercisesSDGs in EU
XII week lecturesEducation policy and vocational training
XII week exercisesEssay Seminar presentations
XIII week lecturesEnergy and transport policy
XIII week exercisesSeminar presentations
XIV week lecturesResearch and technical development
XIV week exercisesSeminar presentations
XV week lecturesEU after Lisbon Treaty: economy
XV week exercisesSeminar presentations
Student workload/
Per weekPer 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 Attending lectures, active participation during the exercises, writing essays and presenting them.
ConsultationsProf. Nikola Milović, Ph.D., Wednesday 10-11h, Kabinet 111, Ist floor, nmilovic@ucg.ac.me; Milica Muhadinović,MSc, Thursday, 11:30-13:00h, 414, IVth floor; milicamuhadinovic@gmail.com
Literature
Examination methods
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMICS BASICS

Course:ECONOMICS BASICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10176Obavezan193+2+0
ProgramsECONOMICS
Prerequisites There are no requirements for registering and listening to the subject.
Aims Understanding of basic economic principles, categories and processes;
Learning outcomes After studying the subject, among other things, the student will be able to: - explain and apply basic economic principles and legalities; - understands the dynamics of market processes and determinants of market demand and supply; - recognizes market failures and examines public policies to combat them; - interprets and describes labour market specificities and the symbiotic relationship between workers and employers; - discuss the macroeconomic environment and apply macroeconomic indicators to business decision-making of business entities, etc.
Lecturer / Teaching assistantprof. dr Milivoje Radović Nemanja Popović
MethodologyClassical lectures and exercises. Conversation and explanations during the lecture. Short oral tests of understanding and knowledge of the material covered in lectures and exercises. A colloquium and a final (oral) exam are planned.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesGetting to know, preparing and enrolling for the semester.
I week exercisesGetting to know, preparing and enrolling for the semester.
II week lecturesBasic economic principles. How does an economist think?
II week exercises Basic economic principles. How does an economist think?
III week lecturesSupply and demand.
III week exercisesSupply and demand.
IV week lecturesMarket and competition.
IV week exercisesMarket and competition.
V week lecturesElasticity and its application.
V week exercisesElasticity and its application.
VI week lecturesSupply, demand and government policy.
VI week exercisesSupply, demand and government policy.
VII week lecturesConsumers, producers and market efficiency. Taxation costs.
VII week exercisesConsumers, producers and market efficiency. Taxation costs.
VIII week lecturesInternational trade. (world price and comparative advantage, customs duties, import quotas)
VIII week exercisesInternational trade. (world price and comparative advantage, customs duties, import quotas)
IX week lecturesEconomics of the public sector. Externalities. Public goods and common resources.
IX week exercisesEconomics of the public sector. Externalities. Public goods and common resources.
X week lecturesPreparation for the colloquium. Colloquium.
X week exercisesPreparation for the colloquium. Colloquium.
XI week lecturesMacroeconomic data - How is national income measured? Measuring the cost of living.
XI week exercisesMacroeconomic data - How is national income measured? Measuring the cost of living.
XII week lecturesBusiness behavior and industrial organization (conceptual). Labor economy. Remedial colloquium.
XII week exercisesBusiness behavior and industrial organization (conceptual). Labor economy. Remedial colloquium.
XIII week lecturesEarnings and discrimination. Income inequality and poverty.
XIII week exercisesEarnings and discrimination. Income inequality and poverty.
XIV week lecturesMoney and prices in the long term - Monetary system.
XIV week exercisesMoney and prices in the long term - Monetary system.
XV week lecturesMoney growth and inflation.
XV week exercisesMoney growth and inflation.
Student workload3+2
Per weekPer 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 Students are required to attend classes and do colloquiums.
ConsultationsSee on the notice board and the faculty website.
LiteratureN.Gregori Mankju i Mark. P. Tejlor, Economics, 2016. Gregory Mankiw, «Principles of economics», III edition, 2013. Olivier Blanchard, «Macroeconomics», V edition, 2013.
Examination methodsThe following are evaluated: • One colloquium - 30 points • Final oral exam - 60 points • Activity during lectures and exercises - 10 points. • The final grade is formed at the final exam. A passing grade is obtained if at least 50 points are accumulated cumulatively.
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / MATHEMATICS FOR ECONOMISTS

Course:MATHEMATICS FOR ECONOMISTS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10177Obavezan183+4+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer semester
8 credits x 40/30=10 hours and 40 minuts
3 sat(a) theoretical classes
0 sat(a) practical classes
4 excercises
3 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
Consultations
Literature
Examination methods
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / LOW FOR ECONOMISTS

Course:LOW FOR ECONOMISTS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10178Obavezan163+1+0
ProgramsECONOMICS
Prerequisites /
Aims Introducing students to the concept and structure of the state-legal order. Training students in the subject matter of law necessary for economists such as real law, contract law, intellectual property law, company law and securities law.
Learning outcomes After the student passes this exam, they will be able to: Describe and explain the social system, legal system and state-legal order; connects and distinguishes legal norms, legal acts, legal institutes and branches of law; describes and explains the basic institutes of obligation and commercial law; describes and explains the basic institutes of real law; explains and compares the basic forms of performing economic activity; distinguishes securities from other written documents and indicates their importance in business relations; independently compiles and distinguishes the basic contracts of the law of obligations. Course links: Subject syllabus, assessment method and learning outcomes emerged after analyzing the content of similar subjects at renowned economics faculties in Europe, the USA and the region.
Lecturer / Teaching assistantprof. dr Mijat Jocović / mr Nikola Martinović
MethodologyLectures, consultations, exercises, seminar papers, final exam
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesBasic concepts of state and law. (the concept and relationship of the state and law, the role of the state, the economic functions of the state and the role of law, the organization of state power). Legal order, legal norms, legal acts, branches of law, legal areas). Examples from practice.
I week exercisesBasic concepts of state and law. (the concept and relationship of the state and law, the role of the state, the economic functions of the state and the role of law, the organization of state power). Legal order, legal norms, legal acts, branches of law, legal areas). Examples from practice.
II week lecturesSubjects of law (natural and legal persons). 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 exercises Subjects of law (natural and legal persons). 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.
III week lecturesThe concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and essay.
III week exercisesThe concept and types of subjective civil rights. Property. State - concept, types, legal protection. Debate and essay.
IV week lecturesFundamentals of real law. Property right - concept, significance, acquisition, protection, termination, special forms of ownership. Case law analysis - emphasis on the economic consequences of litigation.
IV week exercisesFundamentals of real law. Property right - concept, significance, acquisition, protection, termination, special forms of ownership. Case law analysis - emphasis on the economic consequences of litigation.
V week lecturesFundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Intellectual property law. Debate and essay.
V week exercisesFundamentals of real law. Officials and rights of real guarantees (manual pledge, mortgage and fiduciary). Intellectual property law. Debate and essay.
VI week lecturesFundamentals of the law of obligations. Concept, characteristics, elements of the obligation. Sources of the obligation.
VI week exercisesFundamentals of the law of obligations. Concept, characteristics, elements of the obligation. Sources of the obligation.
VII week lecturesContract law. The concept and significance of the contract. Principles of contract law. General conditions for concluding a contract. Division of the contract. Case law analysis - emphasis on the economic consequences of litigation.
VII week exercisesContract law. The concept and significance of the contract. Principles of contract law. General conditions for concluding a contract. Division of the contract. Case law analysis - emphasis on the economic consequences of litigation.
VIII week lecturesContract law. Interpretation, effect of the contract, and termination of the contract. Case law analysis - emphasis on the economic consequences of litigation.
VIII week exercisesContract law. Interpretation, effect of the contract, and termination of the contract. Case law analysis - emphasis on the economic consequences of litigation.
IX week lecturesContract law. Individual trade agreements. Case law analysis - emphasis on the economic consequences of litigation.
IX week exercisesContract law. Individual trade agreements. Case law analysis - emphasis on the economic consequences of litigation.
X week lecturesColloquium
X week exercisesColloquium
XI week lecturesFundamentals of company law. The concept and types of companies. Common features of companies (goal, register, headquarters, representation). Duties of persons towards society - fiduciary duty, duty of attention, duty of non-competition, duty of keeping business secrets.
XI week exercisesFundamentals of company law. The concept and types of companies. Common features of companies (goal, register, headquarters, representation). Duties of persons towards society - fiduciary duty, duty of attention, duty of non-competition, duty of keeping business secrets.
XII week lecturesForms of performing economic activity - entrepreneur, partnership, limited partnership, limited liability company, parts of foreign companies. Establishment of companies through examples from practice - simulation of founding a company.
XII week exercisesForms of performing economic activity - entrepreneur, partnership, limited partnership, limited liability company, parts of foreign companies. Establishment of companies through examples from practice - simulation of founding a company.
XIII week lecturesJoint stock company - concept, characteristics, bodies of the company. Establishment of a joint stock company through practical examples - simulation of the establishment of a company.
XIII week exercisesJoint stock company - concept, characteristics, bodies of the company. Establishment of a joint stock company through practical examples - simulation of the establishment of a company.
XIV week lecturesCorrective colloquium. Bankruptcy and voluntary liquidation of companies. Case law analysis - emphasis on the economic consequences of litigation.
XIV week exercisesCorrective colloquium. Bankruptcy and voluntary liquidation of companies. Case law analysis - emphasis on the economic consequences of litigation.
XV week lecturesSecurities.
XV week exercisesSecurities.
Student workload3P+1V - 4 ECTS
Per weekPer 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 Students are required to attend classes and do exams.
ConsultationsProf. dr Mijat Jocović - Friday - 9-12h. / mr Nikola Martinović - Friday - 11.30-13 h
Literature1. Dr Snežana Miladinović – “Pravo za ekonomiste” – Ekonomski fakultet, Podgorica, 2012. Dodatna literatura: Jelena Perović, Međunarodno privredno pravo, Centar za izdavačku djelatnost Ekonomskog fakulteta u Beogradu, Beograd, 2011 Nebojša Jovanović, Mirjana Radović, Praktikum iz trgovinskog prava, Beograd, 2012. A. Adams, Law for business students, Pearson Education Limited, 2010. C. Robert and T. Ulen, Law and Economics, Pearson,6th Edition, 2011.
Examination methodsForms of knowledge assessment and grading: Assessing: • Colloquium 45 points. • Class activities (essay, debate, homework) 5 points. • Final exam 50 points. A passing grade is obtained if at least 50 points are accumulated cumulatively.
Special remarks/
Comment/
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / PRINCIPLES OF STRATEGIC MARKETING

Course:PRINCIPLES OF STRATEGIC MARKETING/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10687Obavezan463+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / FINANCIAL AND ACTUARIAL MATHEMATICS

Course:FINANCIAL AND ACTUARIAL MATHEMATICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10688Obavezan463+2+0
ProgramsECONOMICS
Prerequisites No conditionality
Aims The subject aims to enable students to understand the basic definitions, theorems, principles and methods of financial mathematics, which are widely used in economics, e.g. in financial management, securities, banking business, insurance, ...
Learning outcomes After completion of this course the student will be able to: 1. Distinguish simple from complex proportion, division of given value, weighted average and apply the percentages to solve business mathematics tasks. 2. Distinguish rate of interest from rate of discount, nominal, relative and effective interest rate and apply these concepts in determining the prices of instruments in the money market. 3. Determine the annuity and to make a plan of repayment of consumer and investment loans. 4. Apply the equivalence principle and the methods of discounting and prolongation in testing the profitability of investments, as well as in evaluation of long-term bonds and shares. 5. Calculate the discount factor with a variable interest rate, applied it to periodic annuities and compare it with the discount factors in discrete and continuous case with a constant interest rate. 6. Calculate the discount factor in insurance-technical sense, define biometric functions and apply financial mathematics and probability to solve simple actuarial mathematics tasks. 7. Describe the types of life insurance and to calculate the net and gross premium for each of them.
Lecturer / Teaching assistantprof. dr Vladimir Kašćelan, doc. dr Saša Vujošević, TA: Tanja Mirotić
MethodologyA classical lecture and exercises. Discussion and clarification during lectures. Short oral test of understanding and knowledge of the subject matter of the lectures, with the active participation of students in solving problems. It is planned one test and final exam.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesClassical calculations in economic mathematics: division, proportions, mixtures, percentage calculation Depreciation of fixed assets.
I week exercisesClassical calculations in economic mathematics: division, proportions, mixtures, percentage calculation Depreciation of fixed assets.
II week lecturesThe concept of the time value of money – the equivalence principle. Interest calculation (rate of interest and rate of discount). Equivalent interest rates. Simple and compound interest. Discounting (present value) method and compounding method.
II week exercises The concept of the time value of money – the equivalence principle. Interest calculation (rate of interest and rate of discount method). Equivalent interest rates. Simple and compound interest. Discounting (present value) method and method of prolongation. (Qiuz 1)
III week lecturesNominal, relative and effective interest rate. Discounting short term bonds. Price determination of instruments in the money market
III week exercisesNominal, relative and effective interest rate. Discounting short term bonds. Price determination of instruments in the money market. (Quiz 2)
IV week lecturesConsumer loans. Streams of payments – periodic cash inflow and outflow. Investment loans
IV week exercisesConsumer loans. Streams of payments – periodic cash inflow and outflow. Investment loans. (Quiz 3)
V week lecturesConversion of the loan. Intercalary interest. Profitability of investments.
V week exercisesConversion of the loan. Intercalary interest. Profitability of investments. (Qiuz 4)
VI week lecturesEvaluation of long-term bonds. Determination of stock value
VI week exercisesEvaluation of long-term bonds. Determination of stock value. (Quiz 5)
VII week lecturesGeneralization of the theory of interest rates- effective and nominal interest rates. Theorem on accumulation factor.
VII week exercisesGeneralization of the theory of interest rates- effective and nominal interest rates. Theorem on accumulation factor. (Quiz 6)
VIII week lecturesPresent value of discrete and continuous cash flows. Internal rate of return (IRR). Comparison of two investment projects.
VIII week exercisesPresent value of discrete and continuous cash flows. Internal rate of return (IRR). Comparison of two investment projects. (Quiz 7)
IX week lecturesEffective interest rates on loans and deposits. The case of different active and passive interest rates. DPP discounted payback period. The impact of inflation.
IX week exercisesEffective interest rates on loans and deposits. The case of different active and passive interest rates. DPP discounted payback period. The impact of inflation. (Quiz 8)
X week lecturesDerivatives- forwards, futures, swaps and options. Test
X week exercisesDerivatives- forwards, futures, swaps and options. (Quiz 9)
XI week lecturesBasic concepts of probability theory- classical definition, random variables and their expectation Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration.
XI week exercisesBasic concepts of probability theory- classical definition, random variables and their expectation Introduction to actuarial mathematics. Biometric functions. Mortality rate. Expected and probable life duration. (Quiz 10)
XII week lecturesLife annuities payable annual (single net premium). Life insurance (single net premium)- pure endowment, whole life insurance (annual case), endowment. Make-up test
XII week exercisesLife annuities payable annual (single net premium). Life insurance (single net premium)- pure endowment, whole life insurance (annual case), endowment.
XIII week lecturesLife insurance on the fixed term. Annuities payable m times a year.
XIII week exercisesLife insurance on the fixed term. Annuities payable m times a year.
XIV week lecturesCase of more than one premium (net premiums). Premiums payable m times per year.
XIV week exercisesCase of more than one premium (net premiums). Premiums payable m times per year.
XV week lecturesGross premium calculation. Repetition.
XV week exercisesGross premium calculation. Repetition.
Student workload
Per weekPer 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.
ConsultationsAvailable information on website and noticeboard.
LiteratureMandatory: B. Laković V. Kašćelan Privredna i finansijska matematika, II izdanje, Poslovna škola- Ekonomski fakultet Podgorica, 1997. and V. Kašćelan S.Vujošević Zbirka zadataka iz Finansijke i aktuarske matematike, Podgorica 2023 Optional: 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
Examination methodsTest - 40 points Final exam - 50 points 5 Quizzes - 10 points
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / MACROECONOMICS

Course:MACROECONOMICS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10689Obavezan463+2+0
ProgramsECONOMICS
Prerequisites n.a
Aims Introduce students to basic macroeconomic problems, how to measure macroeconomic activities, interdependencies at the macro level and the possibility of analyzing macroeconomic variables using 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; Describes and analyzes basic macroeconomic problems and interdependencies at the macro level; Analyzes and explains basic economic interdependencies at the national level; Assess the impact of macroeconomic developments in the country on selected variables; Analyzes 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 assistantprof.dr Maja Bacovic Tanja Mirotic
Methodologylectures, exercises, tests, research
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction; defining basic macroeconomic problems, basic macroeconomic variables and indicators
I week exercisesIntroduction; defining basic macroeconomic problems, basic macroeconomic variables and indicators
II week lecturesEconomics 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 lecturesEconomy in the medium run - The labor market
III week exercisesEconomy in the medium run - The labor market
IV week lecturesAS-AD model
IV week exercisesAS-AD model
V week lecturesNatural unemployment rate and Phillips curve
V week exercisesNatural unemployment rate and Phillips curve
VI week lecturesEconomy in the long run - Sources of growth and theories of growth
VI week exercisesEconomy in the long run - Sources of growth and theories of growth
VII week lecturesSavings, capital accumulation and GDP
VII week exercisesSavings, capital accumulation and GDP
VIII week lecturesTechnological progress and growth
VIII week exercisesTechnological progress and growth
IX week lecturesTest
IX week exercisesTest
X week lecturesExpectations (financial markets, personal consumption, investments, GDP)
X week exercisesExpectations (financial markets, personal consumption, investments, GDP)
XI week lecturesOpen economy; balance of payments
XI week exercisesOpen economy; balance of payments
XII week lecturesOpen economy: goods markets, output, interest rates and exchange rates
XII week exercisesOpen economy: goods markets, output, interest rates and exchange rates
XIII week lecturesFiscal policy
XIII week exercisesFiscal policy
XIV week lecturesMonetary policy
XIV week exercisesMonetary policy
XV week lecturesTheories and debates in macroeconomics
XV week exercisesTheories and debates in macroeconomics
Student workloadIn the semester Structure: Classes and final exam: 9x16weeks = 153 hours Necessary preparations before the beginning of the semester (administration, enrollment, certification): 12x2 = 24 hours. Additional work for preparation and taking the exam : 54 hours.
Per weekPer 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
ConsultationsMonday, 12-13h
LiteratureLiterature: Olivier Blanchard: Macroeconomics, Mate, Zagreb, 2005 (translation) Olivier Blanchard: Macroeconomics, University of Belgrade, 2011 (translation) Alternative literature: Gregory Mankiw: Macroeconomics, Worth Publishers, 8 edition
Examination methodsForms of knowledge assessment and grading: Colloquium - 45 points Final exam (written exam) - 50 points Essay (research paper) - 5 points
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / PRINCIPLES OF MARKETING

Course:PRINCIPLES OF MARKETING/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10690Obavezan463+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / STRANI JEZIK - ENGLESKI I

Course:STRANI JEZIK - ENGLESKI I/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10929Obavezan142+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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
Consultations
Literature
Examination methods
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / STRANI JEZIK - ENGLESKI II

Course:STRANI JEZIK - ENGLESKI II/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10930Obavezan242+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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
Consultations
Literature
Examination methods
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / STRANI JEZIK - ENGLESKI III

Course:STRANI JEZIK - ENGLESKI III/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10931Obavezan342+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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
Consultations
Literature
Examination methods
Special remarks
Comment
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ANALYSIS OF FINANCIAL REPORTS

Course:ANALYSIS OF FINANCIAL REPORTS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10975Obavezan573+3+0
ProgramsECONOMICS
Prerequisites /
Aims Introducing basic financial statements based on IAS and IFRS, as well as basic methods and techniques of financial statements analysis, to make wise business and investing decisions.
Learning outcomes • 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 understand 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 assistantProfessor: prof. Milan Lakićević, PhD Teaching Assistant: Milica Vukčević, MSc
MethodologyLectures 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, practical work, and a final exam.
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesCorporate 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 exercisesCorporate 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 - practical examples and exercises
II week lecturesBasics 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 - practical examples and exercises
III week lecturesPrinciples of balancing and assessment of balance positions.
III week exercisesPrinciples of balancing and assessment of balance positions - practical examples and exercises
IV week lecturesAsset 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 exercisesAsset 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 - practical examples and exercises
V week lecturesCurrent assets analysis: Analysis of the structure and speed of turnover of current assets.
V week exercisesCurrent assets analysis: Analysis of the structure and speed of turnover of current assets - practical examples and exercises
VI week lecturesAnalysis of a company`s financial position: Financial equilibrium analysis.
VI week exercisesAnalysis of a company`s financial position: Financial equilibrium analysis - practical examples and exercises
VII week lecturesAnalysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity
VII week exercisesAnalysis of a company`s financial position: Debt analysis; Analysis of preserving the real value of own capital, Analysis of reproductive capacity - practical examples and exercises
VIII week lecturesColloquium I
VIII week exercisesColloquium I
IX week lecturesIncome statement: form, content and methods of preparing an income statement. Income analysis, expense analysis and business cost analysis.
IX week exercisesIncome statement: form, content, and methods of preparing an income statement. Income analysis, expense analysis, and business cost analysis - practical examples and exercises
X week lecturesAnalysis of business results, cost-effectiveness analysis and financial potential analysis. Cost-effectiveness threshold analysis and business risk analysis.
X week exercisesAnalysis of business results, cost-effectiveness analysis, and financial potential analysis. Cost-effectiveness threshold analysis and business risk analysis - practical examples and exercises
XI week lecturesCash flow statement analysis
XI week exercisesCash flow statement analysis - practical examples and exercises
XII week lecturesAnalysis of creditworthiness. Models for predicting bankruptcy of companies.
XII week exercisesAnalysis of creditworthiness. Models for predicting bankruptcy of companies - practical examples and exercises
XIII week lecturesColloquium II
XIII week exercisesColloquium II
XIV week lecturesApplication of software for financial analysis
XIV week exercisesApplication of software for financial analysis
XV week lecturesCorrective Colloquiums
XV week exercisesCorrective Colloquiums
Student workloadPer 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 weekPer 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 pass the colloquiums.
ConsultationsProfessor: Tuesday (from 11 a.m. to 12 p.m., room 305) Teaching Assistant: Thursday (from 11 a.m. to 12:30 p.m hours, room 416)
LiteratureLiterature:  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• Colloquium I (max 25 points) • Colloquium II (max 25 points) • Final exam (max 30 points) • Practical part of the exam (max 20 points) – (Part of the final exam is the analysis of the financial statements of the selected company using software for financial analysis)
Special remarks/
Comment/
Grade:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMIC MATHEMATICAL METHODS AND MODELS

Course:ECONOMIC MATHEMATICAL METHODS AND MODELS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10976Obavezan663+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / DIGITAL ECONOMY

Course:DIGITAL ECONOMY/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10978Obavezan663+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / ECONOMIC POLICY

Course:ECONOMIC POLICY/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10979Obavezan632+0+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / FINANCIAL MARKET AND INSTITUTIONS

Course:FINANCIAL MARKET AND INSTITUTIONS/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10980Obavezan663+2+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / HUMAN RESOURCES MANAGEMENT

Course:HUMAN RESOURCES MANAGEMENT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10981Obavezan632+0+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / TRADE MANAGEMENT

Course:TRADE MANAGEMENT/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
10982Obavezan632+0+0
ProgramsECONOMICS
Prerequisites
Aims
Learning outcomes
Lecturer / Teaching assistant
Methodology
Plan and program of work
Preparing weekPreparation 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 weekPer 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points

Faculty of Economics / ECONOMICS / FOREIGN LANGUAGE - ENGLISH

Course:FOREIGN LANGUAGE - ENGLISH/
Course IDCourse statusSemesterECTS creditsLessons (Lessons+Exercises+Laboratory)
11251Obavezan342+2+0
ProgramsECONOMICS
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 assistantPetar Božović, PhD; Maja Milanović, lectrice
MethodologyIntroduction to subject areas, discussions, individual, pair and group work, presentations
Plan and program of work
Preparing weekPreparation and registration of the semester
I week lecturesIntroduction to the course
I week exercises
II week lecturesBuilding a Career
II week exercises
III week lecturesInformation Systems and Communication
III week exercises
IV week lecturesQuality and Standards
IV week exercises
V week lecturesManaging People and Projects
V week exercises
VI week lecturesViral Marketing
VI week exercises
VII week lecturesSelf-Financing and Start-ups
VII week exercises
VIII week lecturesFinancial Control
VIII week exercises
IX week lecturesFair Trade and Free Trade
IX week exercises
X week lecturesStudent presentations 1
X week exercises
XI week lecturesStudent presentations 2
XI week exercises
XII week lecturesStudent presentations 3
XII week exercises
XIII week lecturesMidterm Exam
XIII week exercises
XIV week lecturesMakeup Midterm Exam
XIV week exercises
XV week lecturesEnd-of-Course Revision
XV week exercises
Student workload
Per weekPer 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, midterm and final exams.
ConsultationsTBD
LiteratureAllison, John, Jeremy Townend and Paul Emmerson. 2008. The Business - Upper intermediate Student's 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 methodsHomework assignments (CV in Europass format, Motivation letter, other) – 5 points; Midterm exam – 60 points ; Final exam – 30 points; Attendance and informed in-class participation – 5 points.
Special remarks
CommentStudents 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:FEDCBA
Number of pointsless than 50 pointsgreater than or equal to 50 points and less than 60 pointsgreater than or equal to 60 points and less than 70 pointsgreater than or equal to 70 points and less than 80 pointsgreater than or equal to 80 points and less than 90 pointsgreater than or equal to 90 points
Jean Monnet Center of Excellence
Jean Monnet Center of Excellence
CROSS-REIS
CROSS-REIS
SEE-6 Economic Outlook
SEE-6 Economic Outlook
JEAN MONNET CHAIR EEIMONT
JEAN MONNET CHAIR EEIMONT
Publications
Publications
Informator
Informator
EUA
EUA
Bulletins
Bulletins
E-theses
E-theses
Europass
Europass