Journal of Economics

It is common knowledge that the economy is divided into two main areas: macroeconomics (study the economic condition of the country as a whole) and micro-economics (studying the activity of enterprises, companies and individual industries). Dividing the economy at the macro-and microeconomics purely conventional, as it is often difficult to distinguish between these concepts. Because, firstly, macroeconomics is the theoretical foundation for knowledge of microeconomics, and secondly, the state of the economy depends on the performance of individual companies, ie business organizations.

Subject of a lecture course “Banking”

While the ultimate natural order of economic life is the consumption, the most important sphere of economy is manufacturing. Without its development can not be any market, namely production engenders mass of goods.

Manufacture, description and explanation of the entire business enterprise and are the subject of a course of lectures “Enterprise Economy”.

Economy of the enterprise – the science that studies and treats the socio-economic, administrative and economic mechanism of wealth creation. Considers the economic mechanism, providing the support the company in market conditions and competition, whose study will help solve current and strategic business issues.

The purpose of discipline: to study the problem of ensuring continuous and adequate amount of net income for the efficient use of productive resources, the best current cost and range of products (works, services) and management of its volume, taking into account the competitiveness and demand.

The object of study is the enterprise as an economic entity producing goods, rendering services.

Methods of science “Banking”.

Economy of the enterprise, like any other science, has special methods of investigation and exposition. As an applied discipline, economics are widely used methods of investigation typical of Applied Economic Sciences.
When economic studies for understanding the essence of phenomena and processes applicable general science and specific methods.
The former, which are widely used, include:
1) scientific method of abstraction is a distraction in the learning process from small events, minor parties and the allocation of common, essential features, the knowledge of the essence of things;
2) the method of induction – the general conclusion is based on a single factor, that is, decisions are taken from private to general, from facts to theory;
3) the method of deduction suggests the opposite approach – from general to specific and identity;
4) the hypothesis (put forward by the methods of induction and deduction) – a scientific hypothesis put forward to explain some phenomenon and should be checked in practice and theoretical basis in order to become credible scientific theory;
5) the method of comparative analysis – a comparison of private and general indicators for identifying the best results;
6) pilot – to check the truth of hypotheses, and others.

Specific methods include:

1) statistical and economic – characteristics of the phenomena and processes on the basis of the mass of digital data (techniques – economic group, the average values ​​of relative values, graphic);
2) Monographic – the study of individual elements of the overall population, which are typical characteristics of the objects being studied or are representatives of the advanced group of companies;
3) Settlement and constructive – you can find real ways of science-based solutions;
4) Balance – a method of coordination and alignment of all the indicators that reflect the essence of the phenomenon or process;
5) Economics and Mathematics – allows a computer to solve the economic problems of multi-factor, and others.

Successful implementation of business in modern conditions is possible only if the skilful combination of at least three main points:

1) knowledge of general economic theory;
2) the availability of specific economic knowledge and skills;
3) the ability to use various quantitative techniques to business calculations, analytic calculations, projections, etc.

Course of lectures “Enterprise Economy” is closely related to disciplines such as Economics Business, Marketing, Accounting and Business Analysis, Finance and Credit “,” Statistics “, etc.