Garage Economics (4 cr)
Code: 5C00ES40-3002
General information
Enrolment period
02.07.2022 - 04.09.2022
Timing
01.08.2022 - 15.12.2022
Credits
4 op
Mode of delivery
Contact teaching
Unit
Vehicle Engineering
Campus
TAMK Main Campus
Teaching languages
- Finnish
Degree programmes
- Degree Programme in Vehicle Engineering, students who began in 2014-2018
Teachers
- Marko Mäkilouko
Groups
-
20I132
Objectives (course unit)
Students master the basics of garage business management.
Students are able to:
- calculate cost of products and services
- calculate correct price according to the company profitability targets
- calculate cash flow and make a budget accordingly
- calculate the effect of investments on costs, prices and profitability
Content (course unit)
Garage business idea and business plan, cost management, cash flow, budgeting and accounting.
Assessment criteria, satisfactory (1-2) (course unit)
The student is able to:
- Calculate the cost of the product and service
Assessment criteria, good (3-4) (course unit)
The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
Assessment criteria, excellent (5) (course unit)
The student is able to:
- Calculate the cost of the product and service
- Calculate the correct price taking into account the company's profitability goals
- Calculate cash flow and make a budget based on it
- Calculate the impact of investments on costs, sales price and profitability
Location and time
See Lukkari
Exam schedules
Exam in the end of the course
Assessment scale
0-5
Teaching methods
Online and classroom training
Indipendent learning
Exam
Assignment
Learning materials
Moodle
Student workload
According to credits
Content scheduling
Lectures, assignment and exam
Completion alternatives
No
Practical training and working life cooperation
Excursion if it is possible
International connections
N.A:
Further information
Industrial economics from engineering point of view