Construction economics is a core component of a wide range of undergraduate courses in the built environment. Consequently students need to quickly grasp the basic principles of economic theory and see how this relates to a unique and complex industry. It should be understood 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. Nonetheless, this invaluable textbook will suit students across a wide range of disciplines, ranging from construction managment and construction engineering through to architecture, property and surveying.
*Adopts a very clear and user-friendly style
*A second colour highlights important definitions and formulas
*Summaries every few pages clarify the key points
*Conceptual terms are highlighted and collected into a glossary of sonstruction economics
*Extensively illustrated with colour tables and figures
*Brief extracts from the academic journal Construction Management and Economics are used to consolidate and prompt discussion
*Web site reviews set the scene for the three parts of the book.
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