TTK University of Applied Sciences
TTK University of Applied Sciences
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Curriculum subjectRoad Construction Economics
| Subject |
| Subject code |
ERA440 |
| Subject name |
Road Construction Economics |
| Credit points |
4 ECTS |
| Grading method |
Exam |
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| Curriculum subject |
| Curriculum |
2011 TEI |
| Study year |
2 |
| Semester |
Spring semester |
| Subject type |
Mandatory |
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| General description |
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| General characterisation of the Estonian road construction market. Basic notions of market economy. Market demand. Market offer. Market balance. Company cost curves. Fixed assets of a construction company. Current assets of a construction company. Determination of the need of working capital. Basics of business. Ways of founding a company. Types of enterprises. Accounting. Personnel policy. |
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| General aim |
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| The general objective is to provide the students basic knowledge about the economic mechanisms of the road construction market, economical development in the construction environment, basics of business and management of a road building company. |
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| Aim |
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The student who has passed the course:
- knows the economic mechanisms of the road construction market
and the structure;
- knows the rules of starting a small business in the field of construction;
- is informed about the economic issues of the usage of company resources. |
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| Form description |
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| Lectures, practical classes, independent homework in the form of group work. |
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| Current rounds |
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| None |
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