Garage Economics (4cr)
Code: 5C00ES40-3005
General information
- Enrolment period
- 02.07.2025 - 15.09.2025
- Registration for the implementation has begun.
- Timing
- 01.08.2025 - 31.12.2025
- Implementation is running.
- Credits
- 4 cr
- Mode of delivery
- Contact learning
- Unit
- Vehicle Engineering
- Campus
- TAMK Main Campus
- Teaching languages
- Finnish
- Degree programmes
- Degree Programme in Vehicle Engineering
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
International connections
N.A:
Further information
Industrial economics from engineering point of view