Eco. & Bus.adm. (Construction up until 2½ floor) (EN)2019/2020
•Introduction to the theory of the firm
•Introduction to micro and macro economics
•Globalization (of the society) and Internationalization (of the firm)
•Introduction to basic accounting.
A student who has met the objectives of the semester will be able to:
•Corporate and organizational forms in connection with the establishment and operation of a business as well as strategies and business This includes vision, mission and values of the firm, organizational principles and theory.
Basic principles, theories, methods and tools related to managing business economics and personnel management. This includes basic microeconomics behavioral economics and rationality (the individual), and basic macroeconomics (the society).
The basic elements of building economy. This includes basic demand and supply, the business cycle, cost drivers and inflation, the market for capital and how you move from cost to client pricing.
•The social, cultural and ethical issues that have an impact on the establishment, operation and administration of a business, including the internationalization of the firm and the Globalization of the Economy.
At the end of this semester the student must have obtained skills in:
•Methods and tools for analyzing and running a business in the construction industry, including fact finding and assessment of threats and opportunities in the macroeconomic environment.
•Applying accounting principles for operating a business and use the industry's methods and tools for budgeting, bookkeeping and tendering. This includes double entry book keeping, budgeting and the annual report
- Type of instruction and
practical application of learning objectives
The teaching is based on the understanding that learning is most efficient if students are given the opportunity to work with real-life assignments from, or inspired by, companies in relevant industries.
When choosing a project, the possibility of incorporating the academic and professional challenges throughout the semester into the project must be taken into account.
The students are given the opportunity to be involved in the various project phases, from preliminary analysis to realisation of the project. In connection with the project work, the students are faced with real-life problems to be solved based on the given theory, and are to organise the work in such a way that deadlines can be met. The students are furthermore provided with the necessary qualifications to work independently, thereby preparing them to complete the final project as an individual assignment.
This working method allows the students to gain an understanding of how problems are identified and analysed, how solution models are set up, and how the right solution is adopted.
The learning outcomes of the exam are identical with the learning outcomes of the subject(s)/modul(es)Exam in one or more subjectsType of examCombined written and oral examinationIndividual exam or group examIndividual or group, 1-4 max participantsExam languagesEnglishType of evaluation7-point grading scaleExaminersExternal censure
In the subject Eco. & Bus.adm. (Construction up until 2½ floor) (EN) you will receive 32 hours of instruction, which corresponds to 43 lessons (1 lesson = 45 min.) and 33% of your total workload for the subject.
The teaching primarily consists of the following activities: internal lecturers, project work, group work.
The preparation primarily consists of the following activities: group work, project work, study group.
Read about KEAs Study Activity Model
*KEA can deviate from the number of hours if this is justified by special circumstances