Economy for ICT engineers

1.Course titleEconomy for ICT engineers
2.CodeF18L2S100
3.Study programme—
4.Organizer of the study programme (unit, institute, department)Faculty of Computer Science and Engineering
5.Degree level (first, second, third cycle)First cycle
6.Academic year / semester3 / Winter
7.Number of ECTS credits6
8.Teacher—
9.Prerequisites for enrolling in the courseБизнис и менаџмент
10.Course objectives (competences)ICT engineers, designing and offering ICT services, face questions about SLAs, vendors, suppliers, the financial aspects of ICT services - how much the service should be priced, why exactly that much , how much are the costs, how much they are allowed to cost, etc.. The areas that need to be introduced are budgeting, bookkeeping, pricing, financial planning, financial analysis and reporting. This course has the task of helping them to master these areas through a description of the underlying economic models; demonstrating how these models work; description of the main economic phenomena using economic models.
11.Course contentWhat is economics? The economic problem; Offer and demand; Elasticity; Efficiency and fairness; Organization of production; Output and costs; Main activities that are performed in the financial management of ICT services; Evaluation of ICT services; Modeling demand for ICT services; Management of a portfolio of ICT services; Optimization of providing ICT services; Analysis of investments in ICT services; Budgeting, accounting and pricing; Financial Compliance.
12.Learning methodsLectures using presentations, interactive lectures, exercises (using equipment and software packages), teamwork, case studies, guest lecturers, independent preparation and defense of a project assignment and a seminar paper.
13.Total available time6 ECTS x 30 hours = 180 hours
14.Distribution of the available time30 + 45 + 35 + 30 + 40 = 180 hours
15.Forms of teaching activities
15.1.Lectures – theoretical teaching30 hours
15.2.Exercises (laboratory, auditory), seminars, team work45 hours
16.Other forms of activities
16.1.Project assignments30 hours
16.2.Individual assignments35 hours
16.3.Home study40 hours
17.Grading
17.1.Tests10 points
17.2.Seminar paper / project (presentation: written and oral)30 points
17.3.Activity and participation10 points
17.4.Final exam70 points
18.Grading criteria (points / grade)
up to 50 points5 (five) (F)
from 51 to 60 points6 (six) (E)
from 61 to 70 points7 (seven) (D)
from 71 to 80 points8 (eight) (C)
from 81 to 90 points9 (nine) (B)
from 91 to 100 points10 (ten) (A)
19.Requirements for signature and taking the final examActivities 15.2 and 16.1 have been completed.
20.Language of instructionMacedonian and English
21.Method of monitoring teaching qualityinternal evaluation and survey mechanism
22.Literature
22.1.Required literature
No. Author Title Publisher Year
22.2.Additional literature
No. Author Title Publisher Year