This is a textbook analyzing the economics of the construction industry and its relation to the UK economy as a whole. It includes an analysis of the economics of the individual company and the theory of the firm, the economics of supply and demand, the nature of construction markets and the economics of supplying these markets. An analysis of the investment decisions which determine demand then introduces the principles of cost-benefit analysis and financial control. The final chapter examines the factors which influence productivity within both the individual firm and the sector as a whole. It assumes no previous knowledge of economics and is intended primarily for students taking Economics and Building Economics and Finance examinations in the CIOB Member Examinations Parts I and II, though it should also be useful to students of economics on courses relating to construction and to those studying for professional body exams - RICS, SAAT and IAAS.
Reihe
Sprache
Verlagsort
Zielgruppe
Für die Erwachsenenbildung
Für höhere Schule und Studium
Illustrationen
33 illustrations, questions, references, further reading list, tables, graphs, index
Maße
Höhe: 290 mm
Breite: 220 mm
Gewicht
ISBN-13
978-0-7134-5038-5 (9780713450385)
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Schweitzer Klassifikation
Part 1 Basic economic analysis: the construction sector in the UK economic system; management of the UK economy and the implications for the construction industry; basic economics of the construction firm; supply and demand analysis; construction markets; economics of supplying construction markets. Part 2 More advanced economic and financial analysis: the investment decision; economics of property development; economic aspects of urban land; cash-benefit analysis for public investment decisions; sources of company finance; financial control of a building firm; productivity of the building firm.