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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