TTK University of Applied Sciences
Subject 'Road Construction Economics'Name in Estonian: Tee-ehitusökonoomika
General descriptionGeneral 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.
General aimThe 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.
AimThe 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. Form descriptionLectures, practical classes, independent homework.
Is taught in following curricula2020: TE 2019: TE 2018: TE 2017: TE 2016: TE 2015: TE
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