Course Details

Principles of Business Economics

Academic Year 2023/24

BVA002 course is part of 3 study plans

​ BPC-SI / VS Summer Semester 1st year

​ BKC-SI Summer Semester 1st year

​ BPA-SI Summer Semester 1st year

Area of civil engineering and the construction company, foundation, rehabilitation 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

Course Guarantor

doc. Ing. Tomáš Hanák, Ph.D.

Institute

Institute of Structural Economics and Management

Objective

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.

Knowledge

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

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.

Prerequisites

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

Language of instruction

Czech, English

Credits

5 credits

Semester

summer

Forms and criteria of assessment

course-unit credit and examination

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

To offer to students of all faculties

Course on BUT site

https://www.vut.cz/en/students/courses/detail/272950

Lecture

13 weeks, 2 hours/week, elective

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

13 weeks, 2 hours/week, compulsory

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.