Subject 'Constuction Economics'

Year:   2012/2013    2013/2014    2014/2015    2015/2016    2016/2017    

Principles of market economy. Market demand. Market offer. Market balance. Company cost curves. Personnel policy. Ways of setting up a company. Basics of immovable property economics. Investment and life-cycle costs of a registered immovable. Analysis of immovable property investments. Calculations of lifespan of immovable property. Analysis of the criteria influencing costs.

The general objective is to provide the students basic knowledge about the economic mechanisms of the construction and immovable property market, calculation of the lifespan costs of a building, economical development in the construction environment, basics of business and management of an architectural company.

The student who has passed the course knows the economic mechanisms of the construction and immovable property market and the structure of the Estonian construction market; knows the rules of starting a small business in the field of construction; can use the mostly spread methods of analyse at the calculation of investment and life-cycle costs of buildings, among them based on the aspect of energy saving and environmental impact; is informed about the economic issues of the usage of company resources.

Lectures, practical training, two homework tasks in the form of teamwork, application of e-learning elements.

Peetrimägi, L. 2012. Loengukonspekt aines AAP379 Ehitusökonoomika arhitektuuritudengitele, 84lk
Ferry,D.J., Brandon, P.S. 1996. Ehituse maksumusplaanimine, Tallinn, Kirjastus Külim, 210lk
Drõkina,L., Ennok,M.,Otsmaa,S., Rooma,Ü. 1996. Ehitusökonoomika küsimusi, Tallinn, TTÜ kirjastus, 88lk

Two homework tasks (using teamwork method, as a stipulation to access exam). Oral exam answering the questions from homeworks and theory of building economics.

2011: RA  

2010: RA  

2009: RA