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    Construction Economics A New Approach

    ISBN-10: 0415527783
    ISBN-13: 9780415527781
    Author(s): Danny Myers
    Description: Construction Economicsprovides students with the principles and concepts underlying the relationship between economic theory and the construction industry. The new approach adopts an argument that economics is central to government initiatives  More...
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    Edition: 3rd
    Publisher: Taylor & Francis Group
    Binding: Hardcover
    Pages: 352
    Size: 7.00" wide x 10.00" long x 1.00" tall
    Weight: 1.848
    Language: English

    Construction Economicsprovides students with the principles and concepts underlying the relationship between economic theory and the construction industry. The new approach adopts an argument that economics is central to government initiatives concerning sustainable construction. This third edition has been revised to explain the effects of the current economic crisis on the construction industry. In addition, sections relating to a low carbon economy, the economics of sustainable development, and the theory of the construction firm have all been rewritten. With new data, examples, initiatives, readings, glossary items and references, the third edition of this established core text builds on the strengths of the previous edition: a clear and user-friendly style use of a second colour to highlight important definitions and formulae regular summaries of key pointsa glossary of key terms extensive use of tables and figures extracts from the academic journal Construction Management and Economics to consolidate and prompt discussion reviews of useful websitesThis invaluable textbook is essential reading across a wide range of disciplines from construction management and civil engineering to architecture, property and surveying.

    List of Tables and Figures
    Acknowledgements
    An Introduction to the Basic Concepts
    Reading 1
    Effective Use of Resources
    Economic Systems for Resource Allocation
    The Market Mechanism
    The Theory of Demand
    The Theory of Supply
    Clients and Contractors
    Costs of the Construction Firm
    Types of Market Structure in the Construction Industry
    Reading 2
    Reading 3
    Protection and Enhancement of the Environment
    Markets for Green Buildings and Infrastructure
    Market Failure and Government Intervention
    Environmental Economics
    Reading 4
    Economic Growth that Meets the Needs of Everyone
    Managing the Macroeconomy
    The Economy and Construction: Measurement and Manipulation
    The Business Case: Inflation and Expectations
    Reading 5
    Sustainable Construction
    Reading 6
    Glossary
    References
    Index

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