Building as an Economic Process
An Introduction to Building Economics
Spon Press
2nd Edition
Published on 2. January 2014
Book
Paperback/Softback
192 pages
978-0-415-24901-0 (ISBN)
Description
In most economies, buildings represent a large part of the capital stock as well as of annual capital expenditures, and the consequences of poor management are highly significant. Decision-makers may have day-to-day operational control of large real property holdings and the economic consequences of sub-optimal behaviour are highly significant.
In Building as an Economic Process, Bang and Bon argue that a building should be viewed as a long serving capital asset and evaluated in conjunction with the other capital assets of the owner. Ownership of a building is therefore viewed as a continuous capital management process. Emphasis is given to the appropriate choice of building design in light of the uncertainties of its future use and on the continuous adjustment of the capital base of the owner's total building stock, as well as other capital stock, in light of changing economic conditions.
Requiring some prior background in basic economics, this book is an excellent reference for sophisticated property managers, academics and teaching staff, and as a supplementary text to graduate students.
In Building as an Economic Process, Bang and Bon argue that a building should be viewed as a long serving capital asset and evaluated in conjunction with the other capital assets of the owner. Ownership of a building is therefore viewed as a continuous capital management process. Emphasis is given to the appropriate choice of building design in light of the uncertainties of its future use and on the continuous adjustment of the capital base of the owner's total building stock, as well as other capital stock, in light of changing economic conditions.
Requiring some prior background in basic economics, this book is an excellent reference for sophisticated property managers, academics and teaching staff, and as a supplementary text to graduate students.
More details
Edition
2nd edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Illustrations
5 s/w Tabellen
5 Tables, black and white
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-0-415-24901-0 (9780415249010)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Content
Acknowledgements 1. Building Activity 2. Theory of Capital 3. Building Process 4. Business and Building Cycles 5. Toward a Research Program Bibliography Index