Course detail

Principles of Business Economics

FAST-BV002Acad. year: 2018/2019

Area of civil engineering and the construction company, foundation, sanitation and the downfall of the firm
Activities in the construction company, organisation and production, outlet, sale, marketing
Investment activity in the firm, finances, taxes, construction orders and prices, contractual agreements

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Gaining knowledge about the basic disciplines of business economics with a focus on construction. The ability to understand the economics of building production, pricing with regard to the conditions of the construction market. The acquisition of basics skills, in particular in the field of contractual relations, contractor, customer, wages, finances, taxes, and investments in the construction business. The ability to compile bill of costs for the pricing and costing of a structure. The ability to assemble the unit price of construction works using cost and profit calculation. The ability to orientate in the construction and obtain information about financial resources for construction investments.

Prerequisites

Knowledge of fundamental economy terms and relations. Basics of macroeconomic and microeconomic theories.

Co-requisites

Costruction-technical knowledge of construction proces. Knowledge of project activities.

Planned learning activities and teaching methods

The course is taught through lectures, practical classes and self-study assignments. Attendance at lectures is optional, but attendance at classes is compulsory.

Assesment methods and criteria linked to learning outcomes

Evaluation of gained knowledge is in form of written test. Test is passed with obtaining 50 points as minimum. Passing the exam is partly completed with oral exam. Evaluation of skills is done on practices. Into account is taken the attendance and passing the written test with examples of calculation of economic indicators and estimating.

Course curriculum

1. Position of the firm in the national economy, branch of civil engineering and construction company
2.-3. Characteristic of the firm, specifications of the construction company, production, planning, controlling, investment activity in the firm
4.-5. Firm’s finances and economic information, taxes
6.-8. Material and inventory, labour, working machines and machinery
9.-11. Construction orders and prices, bills of costs
12. Distribution, sale, marketing
13. Contractual relations

Work placements

Not applicable.

Aims

To get knowledge about particular fundamental disciplines of business economics with re-spect to building production. Ability to orient in economy of building production and in valuation with respect to conditions on building market.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme B-P-C-SI (N) Bachelor's

    branch VS , 1. year of study, summer semester, compulsory

  • Programme B-P-E-SI (N) Bachelor's

    branch VS , 1. year of study, summer semester, compulsory

  • Programme B-K-C-SI (N) Bachelor's

    branch VS , 1. year of study, summer semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

1. Position of the firm in the national economy, branch of civil engineering and construction company
2.-3. Characteristic of the firm, specifications of the construction company, production, planning, controlling, investment activity in the firm
4.-5. Firm’s finances and economic information, taxes
6.-8. Material and inventory, labour, working machines and machinery
9.-11. Construction orders and prices, bills of costs
12. Distribution, sale, marketing
13. Contractual relations

Exercise

26 hours, compulsory

Teacher / Lecturer

Syllabus

1. Introduction, program of instruction,instructions and guidelines
2. Classification
3. Contract for work,an action for payment of the work price
4. Investment
5. Depreciation
6. Taxation
7. Accounting and finance
8. The cost of material and equipment
9. Wages
10. Calculation of works
11. Price of structure
12. Credit test
13. Credit