Economics and Management

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Code Completion Credits Range Language
126EKMN Z,ZK 7 4P+2C Czech
The course 126KAN1 can be graded only after the course 126EKMN has been successfully completed.
In order to register for course 126KAN1, the student must have registered for course 126KAN1 in a previous semester or in the same semester.
Garant předmětu:
Eduard Hromada, Petr Kalčev
Martin Čásenský, Božena Kadeřábková, Petr Kalčev
Martin Čásenský, Božena Kadeřábková, Petr Kalčev, Stanislav Voráček
Department of Construction Management and Economics

The aim of the course is to provide students with an introduction to economics and management in the construction industry and to familiarize them with basic economic terms and their practical applications. Students will be prepared to solve basic construction-management problems in the construction industry. They will acquire basic information about the method of pricing construction works and master the basic methods of managing a construction company. Emphasis is placed on understanding the principle of economic thinking in relation to the construction industry.


Conditions for granting credit:

Two absences are allowed. The exercises can be replaced in other seminars. All tasks must be completed. Worked assignments will always be handed in no later than the following week after the completion of the assignment according to the schedule.

Syllabus of lectures:

1. Construction in the Czech Republic and the EU. Construction participants. Construction and project life cycle. Organizational structures.

2. Risks, risk analysis methods. FIDIC contracts, works contract. Engineering, ISO standards, EMS, PPP projects.

3. Tender preparation of the supplier, tender documentation, tender price. Production preparation of the supplier.

4. Management of building construction, construction manager, technical, cost and copyright supervision, construction diary.

5. Business in the construction industry, legal forms of business, accounting basics, business plan, turning point.

6. Prices of construction production, price of design works. Classification of construction production. Calculation. Budgeting.

7. Cost calculation, calculation methods. Invoicing, remuneration, standardization. Public revenue, taxes.

8. Time planning, schedule, cyclogram, network analysis. Logistics. Supply Management.

9. Performance of the economy, basic macroeconomic indicators, economic growth and economic cycle.

10. Public sector, state economic policy, fiscal policy, taxes and expenditures, state budget deficit.

11. Monetary policy of the central bank, its instruments, expansionary and restrictive monetary policy, money market.

12. Capital market, inflation, rate and types of inflation, redistributive effects of inflation. Anti-inflation measures.

13. Labor market, unemployment, causes and macroeconomic consequences of unemployment.

Syllabus of tutorials:

1. Mortification plan

2. Depreciation of tangible assets

3. Breakeven point analysis

4. Calculation of the investor

5. Time plan – the investor's schedule

6. HSV budget

7. PSV budget

8. Market valuation of the property

9. Pairwise comparison

10. Scoring method with weights

11. Handover protocol, final invoice

12. Credit

Study Objective:

The aim of the course is to provide students with an introduction to economics and management in the construction industry and to familiarize them with basic economic terms and their practical applications.

Study materials:

[1]SCHNEIDEROVÁ HERALOVÁ, R. a kol. Kalkulace nákladů ve stavebnictví. 2017. ISBN 978-80-01-06348-4

[2]TOMÁNKOVÁ, J. a ČÁPOVÁ, D. Management staveb. 1. vyd. Praha: Fineco. 2013. ISBN 978-80-86590-12-7

[3]MINCKS, W. a JOHNSTON, H. Construction Jobsite Management. USA, 2017. ISBN 978-1-305-08179-6

[4]SYNEK, M. Manažerská ekonomika. 5. vyd. Praha: Grada, 2011. ISBN 978-80-247-3494-1

[5]HOLMAN, R. Ekonomie, 6. Vydání. C.H.Beck, 2016, ISBN 978-80-7400-278-6

Time-table for winter semester 2024/2025:
Time-table is not available yet
Time-table for summer semester 2024/2025:
Time-table is not available yet
The course is a part of the following study plans:
Data valid to 2024-06-16
Aktualizace výše uvedených informací naleznete na adrese https://bilakniha.cvut.cz/en/predmet2733006.html