Course Details

Building Economics

Academic Year 2023/24

AV001 course is part of 1 study plan

​ B-P-C-APS (N) / APS Winter Semester 4th year

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.

Credits

3 credits

Language of instruction

Czech

Semester

winter

Course Guarantor

doc. Ing. Tomáš Hanák, Ph.D.

Institute

Institute of Structural Economics and Management

Forms and criteria of assessment

course-unit credit and examination

Entry Knowledge

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

Aims

To acquire ability to orient in construction production.
Ability to orient in economy of building production and in valuation with respect to conditions on building market.

Basic Literature

Martinovičová Dana, Konečný Miloš, Vavřina Jan. Úvod do podnikové ekonomiky. 2., aktualizované vydání. 2019, Grada, ISBN: 978-80-271-2034-5 (cs)
Zuzák Roman. Strategické řízení podniku. 2011, Grada. ISBN: 978-80-247-4008-9 (cs)
Myers Danny, Construction Economics: A New Approach 2nd Edition. 2008, Routledge. ISBN: 978-0415462297 (en)

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

Prerequisites

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

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

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

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/273740

Lecture

13 weeks, 2 hours/week, elective

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 weeks, 1 hours/week, compulsory

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