Garage Economics (4 cr)
Code: 5C00ES40-3005
General information
Enrolment period
02.07.2025 - 31.07.2025
Timing
01.08.2025 - 31.12.2025
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
- Auto Virtuaalihenkilö
- Sami Kalliokoski
Groups
-
23I132
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
Assessment scale
0-5