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9780415462280

Construction Economics : A New Approach

by ;
  • ISBN13:

    9780415462280

  • ISBN10:

    0415462282

  • Edition: 2nd
  • Format: Hardcover
  • Copyright: 2008-11-03
  • Publisher: Taylor & Franci
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Summary

Construction Economicsprovides students with the principles and concepts underlying the relationship between economic theory and the construction industry. The new approachadopts an argument that economics is central to government initiatives concerning sustainable construction. This edition has been expanded to include the latest debates regarding the private finance initiative, value management, off-site manufacture, the credit crunch, the 2008 OFT investigation into contractors colluding and sustainable construction. The opportunity has also been taken to update the data, examples, readings, and references. This invaluable textbook is essential reading across a wide range of disciplines from construction management and civil engineering to architecture, property and surveying.

Table of Contents

1. An Introduction to the Basic Concepts. Reading 1. Part A Effective Use of Resources . 2. Economic Systems for Resource Allocation. 3. The Market Mechanism. 4. The Theory of Demand. 5. The Theory of Supply. 6. Clients and Contractors. 7. Costs of the Construction Firm. 8. Types of Market Structure in the Construction Industry. Reading 2. Reading 3. Part B Effective Protection of the Environment . 9. Markets for Green Buildings and Infrastructure. 10. Market Failures and Government Remedies. 11. Environmental Economics. Reading 4. Part C Economic Growth that Meets the Needs of Everyone . 12. Managing the Macroeconomy. 13. The Economy & Construction: Measurement & Manipulation. 14. The Business Case: Inflation and Expectations. Reading 5. 15. Sustainable Construction. Reading 6. Glossary. References. Index

Supplemental Materials

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