Economics of the Construction Industry

Description

Examines the micro, macro and building economics principles relating to construction firms and industry. Elements of mainstream and building economics theories will be integrated and applied to make informed industry focused business decisions.

Availability

Callaghan Campus

  • Semester 1 - 2015

BCA Singapore

  • Semester 1 - 2015

Distance Education - Callaghan

  • Semester 1 - 2015

Learning Outcomes

1. Apply micro economic principles to construction business operations

2. Apply macro economic principles to evaluate the impact and performance of the construction industry

3. Appreciate the social and environmental economic principles in the context of construction industry

4. Appreciate national and international competitiveness issues impacting the construction industry

Content

  • Introduction construction economics
  • Nature of Construction firms and Construction industry
  • Micro economic principles for construction business
  • Macro economic concepts and its relevance to the construction industry
  • Cost benefit analysis and environmental economics
  • Supply chain economics for construction
  • International construction business

Replacing Course(s)

This course replaces the following course(s): ARBE2302. Students who have successfully completed ARBE2302 are not eligible to enrol in ARBE2307.

Assessment Items

Report: Report: A Report on Construction Industry Economic Outlook

Report: Report - A Report on Establishing International Business

Quiz: Online Quiz 1

Quiz: Online Quiz 2

Contact Hours

Lecture

Face to Face On Campus 2 hour(s) per Week for 13 Weeks

Distance Learning students will receive equivalent instruction through online or other distance education strategies.

Tutorial

Face to Face On Campus 1 hour(s) per Week for 11 Weeks