Construction Businesses and Law (2500008) – Course 2024/25 PDF
Contents
Concept of economy. Basic principles that govern economic thinking. Basis of economic analysis Basic microeconomic concepts. Supply and demand, Types of goods. Concept of elasticity and its effects. Consumer surplus. Utility functions. Cost theory.
Specific Objectives
Understand the basic elements of economic analysis and its application to the world of construction and civil engineering Understand the fundamentals of microeconomics and its application to civil engineering and construction. Introduce the concept of efficiency
Dedication
4h Large group + 4h Medium group + 8h Self StudyDefinition of the construction and public works sector. Characteristics of the sector. Economic cycles of construction. Recent evolution in Spain and internationally.
Specific Objectives
Understand the particularities of construction as a productive sector. Know the recent evolution of the sector and its perspectives
Dedication
4h Large group + 4h Medium group + 8h Self StudyConcept of company, and the various types. Type of company, limited and limited liability, concept of share capital. Basic elements of business management. Corporate Social Responsibility. Characteristics and particularities of construction companies.
Specific Objectives
Understand the different types of companies Introduce the concept of economic responsibility of the company Introduce the concept of social responsibility Particularities of construction companies
Dedication
6h Large group + 6h Medium group + 12h Self StudyIntroduce the concept of accounting as an element of business analysis. Balance sheet account, profit and loss account. Carrying out accounting exercises. Heritage vision, versus results vision Main ratios to interpret the situation of a company. Application of business ratios to construction works and infrastructures. Profitability, solvency, liquidity. Cash flows and accounting. Practical cases of interpretation of business ratios. Exercises on cash flows.
Specific Objectives
Understand that accounting is the way to analyze a company financially. Understand the accounting accounts Learn to interpret the accounts of a company Assess the economic operation of a company Understand the ratios that allow you to analyze the behavior of a company Identify the differences between the accounting view and cash flows Practice compatible techniques Interpret and compare business results
Dedication
9h Large group + 7h Medium group + 14h Self StudySources of infrastructure financing. Public funding: classical method, shadow toll, right of use. Taxes as investment financiers. Financing with urban operations. Private financing. Payment by the user. Infrastructure prices as regulators of demand. Effects on equity. Investment concept. Phases of the project. Factors that condition the return on an investment from an economic and financial point of view. Define the financial criteria that define the viability of a project such as the IRR and the NPV. Sources of funding Recent and real cases of investment projects in the infrastructure sector. Calculate its viability
Specific Objectives
Understand ways to finance infrastructure Discuss the role of the public sector and the private sector in infrastructure Understand the concepts of return on investment Learn the tools to assess their viability Discuss the various ways to obtain resources That students draw up an Economic and Financial Plan based on real cases. Assess the elements that make an infrastructure profitable Discuss why certain investment actions are carried out
Dedication
3h Large group + 3h Medium group + 6h Self StudyConcept of economic growth and measurement of well-being. Impact of infrastructures on productive activity. Short-term analysis. Long-term analysis. Territorial analysis Impact of real infrastructure cases. Methodologies used. Discuss the basics.
Specific Objectives
Understand the effect of infrastructures on the economy of a territory. Know the instruments used to quantify the impact. Discuss methodologies for assessing impacts Discuss a real case and assess it.
Dedication
2h Large group + 2h Medium group + 4h Self StudyPublic goods, private goods, common resources. Define the concept of externalities and monetary valuation techniques. Introduce the environmental elements in the economic analysis Based on real cases, analyze the criteria for assessing the environmental elements and their consequences. Assess the environmental impact of infrastructure.
Specific Objectives
Understand the relationship between economics and the environment Understand the techniques for assessing environmental functions Understand the value of the environmental impact of infrastructures. That students learn to use environmental assessment techniques
Dedication
2h Large group + 2h Medium group + 6h Self StudyBidding process for a public work. Adjudication methods. Technical offer and economic offer. Risks assumed. Review and modifications of the contract. Role of study departments. Private customers. Concept of concession. Spanish legislation. Types of concessions. Risk of concessions. The payment of the user versus the payment of the administration. Rights and duties of the concessionaire. Analyze the characteristics of a real concession in the field of infrastructure. Analyze the specifications of an infrastructure.
Specific Objectives
Understand that it is a concession. Familiarize yourself with the process of awarding a public work Discuss real cases of concessions and awards
Dedication
1h Large group + 1h Medium group + 4h Self StudyPresent a group work on a topic of the subject
Specific Objectives
Encourage collaborative work Reflect on specific cases and their application
Dedication
4h Medium group + 4h Self Study