Course Details

Economy of Investments

Academic Year 2024/25

NVA066 course is part of 1 study plan

NPC-EVB Winter Semester 2nd year

Course Guarantor


Language of instruction



4 credits



Forms and criteria of assessment

course-unit credit and examination

Offered to foreign students

Not to offer

Course on BUT site


13 weeks, 2 hours/week, elective


1.Investment and economy growth, sorts of investment possibilities.

2.Theoretical appraisal for evaluation of economic efficiency of investment, time value of money.

3.Feasibility study. Total project costs, investment costs, working capital.

4.Financing of structural investment projects, resources and costs.

5.Returns and production costs, profit, cash flow (CF). Income statement, balance sheet, CF statement.

6.Economic analysis, economic efficiency of investment ratios (NPV, IRR, PB).

7.Financial analysis, financial feasibility of project ratios.

8.Analysis of uncertainty according to project financial evaluation, resources and reason of uncertainty, inflation.

9.-10. Risk and uncertainty analysis; profit, sensitivity and probability analysis.


13 weeks, 1 hours/week, compulsory


1.Basic ratios for evaluation of the economic efficiency of investment.

2.Calculation of depriciation.

3.Analysis of uncertainties - profitability, sensitivity and probability analysis.

4.Assignment of project - production of wooden windows.

5.Continuation of project - resources of business plan financing.

6.Continuation of project - profit and loss statement, cash flow statement.

7.Optimization of financial resources - credit, leasing, bonds.

8.Continuation of optimization of financial resources.

9.Credit test.