Course detail

Building Economics

FAST-AV001Acad. year: 2018/2019

Sectional course. Fundaments of the problematic of technical economical disciplines (technical standardisation, rewarding, calculations), economical disciplines (prices, accounting, financing, taxes, investments), commercial and managerial disciplines (marketing, management, project management). Application of general knowledge on the construction company. Link to the building law and technical construction disciplines.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

doc. Ing. Tomáš Hanák, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Students will acquire basic knowledge of economic relations in the company. After successful completion of the course, student is able to:
- understand the classification of building production,
- explain the building operations management from an economic point of view,
- describe the issue of costs and prices in construction,
- explain the nature of the investment decision making,
- explain the essence of marketing.

Prerequisites

Knowledge of basic economic terminology and relations. Basics of macroeconomic and microeconomic theories.

Co-requisites

Knowledge from sociological theory on future job of absolvents in construction companies, architectural workplaces and technical practice.

Planned learning activities and teaching methods

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

Assesment methods and criteria linked to learning outcomes

Award of the credit is conditioned by participation on practices and successful passed written test (min. 60 points, total sum 100 points). Written exam - series of question oriented in general knowledge and their aplication in examples, total sum 100 points. Limits for each grade of evaluation will be set. The limit for oral exam aproval is 50. Oral exam is the supplement to written exam. The objective of oral exam is to prove deeper understanding of the issue.

Course curriculum

1. Construction industry and its position in national economy
2. Construction products and constructing, coding, classifications
3. Construction costs
4. Technical standardization in construction
5. Remuneration of labour force
6. Valuation of construction production
7. Cost estimates of constructions
8. Financing
9. Accounting
10. Taxation
11. Investments
12. Construction order management
13. Marketing in civil engineering

Work placements

Not applicable.

Aims

To acquire ability to orient in construction production.

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-APS (N) Bachelor's

    branch APS , 4. year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

doc. Ing. Tomáš Hanák, Ph.D.

Syllabus

1. Construction industry and its position in national economy
2. Construction products and constructing, coding, classifications
3. Construction costs
4. Technical standardization in construction
5. Remuneration of labour force
6. Valuation of construction production
7. Cost estimates of constructions
8. Financing
9. Accounting
10. Taxation
11. Investments
12. Construction order management
13. Marketing in civil engineering

Exercise

13 hours, compulsory

Teacher / Lecturer

doc. Ing. Tomáš Hanák, Ph.D.

Syllabus

1. Classification systems in construction
2. Contracts for work
3. Investments
4. Finances
5. Taxes
6. Costs for material
7. Costs for labor
8. Costs for machines
9-10. Calculation of the price of construction work
11. Price of building object
12. Cost calculation of engineering works and marketing
13. Credit test and credit