Course code BūvZ4096

Credit points 2

Building Entrepreneurship II

Total Hours in Course80

Number of hours for lectures16

Number of hours for seminars and practical classes16

Independent study hours48

Date of course confirmation18.06.2014

Responsible UnitDepartment of Architecture and Building

Course developer

author lect.

Inita Vikse

Mg. oec.

Course abstract

The aim of the study course is to arouse students' interest in the economic problems of construction business, to acquaint them with the legal and economic bases of construction business, to acquaint students with the development of economically justified recommendations for improving construction companies, attracting investment and increasing their efficiency.

Learning outcomes and their assessment

After the course studies the student will have:
• Knowledge - knowledge and understanding of the legal and economic bases of construction business;
• Skills - is able to orientate in problems related to business in construction, basic principles of construction company's accounting and analysis of economic activity, on the economic efficiency of investments;
• Competence - students are able to competently start a business in construction, independently make economically sound decisions.
Assessment: knowledge, skills and competence are assessed with 2 tests, practical work, presentation and final exam.

Course Content(Calendar)

1. Introduction to the course "Construction Business II". Basics of construction business. Basic elements of the market, peculiarities of their activity in construction. (1h)
2 Types of construction business, legal issues of their establishment. (2h)
3 Organizational structure of the construction company. (1h)
4 Economic issues of design firms. Test. (2h)
5 Construction company income formation. (1h).
6 Turnover of construction company's operating costs. (1h)
7 Profit formation, its use in a construction company. Test. (2h)
8 Basic concepts of construction company accounting. (1h)
9 Financial statements of a construction company (2h).
10 Analysis of construction company financial statements. (2h)
11 Investments in construction business and factors influencing it. Justification of long-term operation of the company (1h)
Practical works:
1. Types of construction business, legal issues of their establishment. Presentations .Discussions. (2h)
2. Organizational structure of the construction company. Presentations. Discussions. (2 h)
3. Economic issues of design firms. Presentations. Discussions. (2 hours)
4. Income formation of a construction company. Turnover of construction company operating costs. Practical classes (2h)
5. Profit formation, its use in a construction company. Practical classes (2h)
6. Basic concepts of construction company's accounting. Practical classes (2h)
7. Analysis of construction company's financial statements. Practical lessons. (2 hours)
8. Investments in construction business. Presentations. Discussions. (2h)

Requirements for awarding credit points

Must have passed 2 tests on theoretical issues, practical work, submit and defend a presentation on the chosen topic, the course ends with exam, the assessment of which depends on the cumulative assessment of the semester.

Description of the organization and tasks of students’ independent work

1. Presentation on the topic of the report. 2. Practical works.

Criteria for Evaluating Learning Outcomes

The student is able to prove the acquired knowledge and skills on construction business economics issues, making and defending a presentation (30%), completing 2 tests (20%) and practical work (20%), test (30%). The total grade is exam (100%).

Compulsory reading

1. Hofs K. G. Biznesa ekonomika. Tulkots no norvēģu valodas. Rīga: Jāņa Rozes apgāds, 2002. 559 lpp.
2. Alsiņa R., Zolotuhina K., Bojarenko J. Vadības grāmatvedības pamati. Rīga: RaKa, 2000. 180 lpp.
3. Alsiņa R. Kravinska B., Bojarenko J. Uzņēmējdarbības ekonomika. Rīga: Birznieka SIA "Kamene", 1999. 165 lpp.

Further reading

1. Ovčiņņikova I. Uzņēmējdarbības ekonomika. Rīga: RTU, 2002. 63 lpp.
2. Sprancmanis N. Firmas ekonomika un lēmumu motivācija. Rīga, 1994. 80 lpp.
3. Komerclikums: LR likums [tiešsaiste]. Pieņemts: 13.04.2000. Stājas spēkā: 01.01.2002.[Skatīts 28.09.2020.]. Pieejams:

Periodicals and other sources

1. LR Ekonomikas ministrija. Pieejams:
2. LR Centrālā statistikas pārvalde. Pieejams:
3. LR Valsts ieņēmumu dienests. Pieejams: http:///


Compulsory course for the first level professional higher educational programme "Civil Engineering"