Construction Economics: A New Approach, 2nd ed. [199321]

£85.00

Construction economics is a core component of a wide range of undergraduate courses in the built environment. Consequently students need to grasp quickly the basic principles of economic theory and see how this relates to a unique and complex industry. In addition this needs to be seen in a modern context and this new approach adopts the argument that economics is central to understanding the recent government initiatives concerning sustainable construction. Traditionally economics is regarded as a challenging subject, so it needs to be presented in a very clear and user-friendly framework. This textbook provides brief summaries every few pages to clarify the key points that are covered. Conceptual terms are highlighted and collected at the back of the book to form a supporting glossary of construction economics. Important definitions and formulas are picked out in second colour. Brief extracts from academic journals link the book to primary literature, and are used to consolidate and prompt discussion. Contents: 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.

Author:	Myers, Danny
Date Published:	28 August 2008
Document Type:	Books
Format:	Hardback
ISBN13:	9780415462280
Pages:	320
Publisher:	Spon Press

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