Course detail

Economy of Construction Industry

FAST-CV002Acad. year: 2018/2019

Position of industry of building materials in national economy. Organisation of building materials production. Basic characteristic of industrial firm. Foundation, lifetime and closure of industrial firm. Property and sources of property coverage. Inventory management and financing. Costing and price setting in building materials production. Management of operational and investment costs and returns. Standardization and remuneration. Accounting and taxation. Principles of marketing. Controlling and quality management.

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

To get ability to orient in organization and economy of industry production. To come in useful in production profitability management and price setting.The acquisition of basicskills, particular in the field of contractual relations, contractor, customer, wages, finances, taxes, and investments in the constriction industry.

Prerequisites

Knowledge of particular basic disciplines of business economy. Ability to orient in business economy.

Co-requisites

Costruction- technical knowledge of construction proces, especially the production of building materials

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 crafts is done in seminars. Into account is taken the attendance and passing the written test with examples of calculation of economic indicators and estimating.

Course curriculum

1. Introduction, basic concepts, specifics
2. Position of the firm in the national economy, the construction industry and construction company
3. Standardization of work and performance; Standardization and remuneration in construction
4. Grade and classification in the construction industry
6. - 7. Costing and pricing
8. General construction budget
9. Revenues, expenses, profit and relations between them
10. Starting a business, redevelopment and its disappearance, grouping and types of association in construction
11. Public Procurement
12. Investment Management
13. Marketing and Management

Work placements

Not applicable.

Aims

To get ability to orient in organization and economy of industry production. To come in useful in production profitability management and price setting.

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 N-K-C-SI (N) Master's

    branch M , 1. year of study, winter semester, compulsory

  • Programme N-P-C-SI (N) Master's

    branch M , 1. year of study, winter semester, compulsory

  • Programme N-P-E-SI (N) Master's

    branch M , 1. year of study, winter semester, compulsory

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Syllabus

1. Introduction, basic concepts, specifics
2. Position of the firm in the national economy, the construction industry and construction company
3. Standardization of work and performance; Standardization and remuneration in construction
4. Grade and classification in the construction industry
6. - 7. Costing and pricing
8. General construction budget
9. Revenues, expenses, profit and relations between them
10. Starting a business, redevelopment and its disappearance, grouping and types of association in construction
11. Public Procurement
12. Investment Management
13. Marketing and Management

Exercise

26 hours, compulsory

Teacher / Lecturer

Syllabus

1. Introduction, program curriculum, instruction and guidance
2. Classification
3. - 4. Standardization and remuneration in construction; wages
5. Depreciation
6. - 7. Costing and pricing of construction work
8. General construction budget
9 - 11 Building price
12. Credit test
13. The course-unit