The Economics Of Construction

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The Economics of Construction

Author : Stephen L. Gruneberg
Publisher : Economics of Big Business
ISBN 13 : 9781788210140
Total Pages : 196 pages
Book Rating : 4.2/5 (11 download)

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Book Synopsis The Economics of Construction by : Stephen L. Gruneberg

Download or read book The Economics of Construction written by Stephen L. Gruneberg and published by Economics of Big Business. This book was released on 2019 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction of housing, commercial property, and infrastructure projects--roads, bridges, tunnels, railways, airports--for both the private and public sectors is one of the biggest industries in the world. It contributes around 10 per cent of world GDP, employs 7 per cent of the global workforce, and consumes around 20 per cent of the world's energy (and generates a third of the world's CO2 emissions). So important is the contruction industry that it is widely seen as the best indicator of a national economy's health. Stephen Gruneberg and Noble Francis, two of the UK's leading construction economists, present an up-to-date analysis of the construction industry's business model and the risks and challenges the industry faces in the twenty-first century. The book explores the many distinctive features of the economics of the industry, such as how firms use cost-reduction rather than profit maximizing behavior, the processes of tendering and procurement, and the often cyclical nature of demand. Some of the issues touched on include the nature of the government-client relationship, the difference between commissioned and speculative construction development, operating as well as building infrastructure, the advantages of off-site construction, the demand for green and sustainable construction, and the competition from government-backed Chinese companies in major infrastructure projects. As well as examining industry-wide issues, the book looks at how individual projects are costed. These can range from the construction of Dubai's Yas Island or Heathrow's third runway, to the construction of a local hospital, or a residential housing estate. Finance, cash flow, cost overruns, and labor relations are all shown to be fundamental to completing a project on time and within budget, regardless of size. The book offers authoritative analysis and expert insight to provide a survey suitable for students in both business schools and departments of architecture and the built environment.

The Economics of the Construction Industry

Author : Gerald Finkel
Publisher : Routledge
ISBN 13 : 1317457277
Total Pages : 229 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis The Economics of the Construction Industry by : Gerald Finkel

Download or read book The Economics of the Construction Industry written by Gerald Finkel and published by Routledge. This book was released on 2015-02-24 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American construction industry, reponsible for nearly 4% of the nation's Gross Domestic Product, directly employs over five million people and provides millions of additional support jobs in related fields. This book provides an introductory overview of the economic aspects of the industry, including the historical development of building activity from earliest times to modern day market-based construction, including the work of individual artisans to complex construction unions. The book explores current trends in labor force participation; the measurement of industry performance; the determinants of investment; government involvement; competition; wage determination; training; and worker safety.

Construction Economics

Author : Danny Myers
Publisher : Taylor & Francis
ISBN 13 : 9780415286398
Total Pages : 300 pages
Book Rating : 4.2/5 (863 download)

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Book Synopsis Construction Economics by : Danny Myers

Download or read book Construction Economics written by Danny Myers and published by Taylor & Francis. This book was released on 2004 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students across a wide range of disciplines, ranging from construction management and construction engineering through to architecture, property and surveying should find this an invaluable textbook.

The Construction Industry

Author : George Ofori
Publisher : NUS Press
ISBN 13 : 9789971691486
Total Pages : 252 pages
Book Rating : 4.6/5 (914 download)

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Book Synopsis The Construction Industry by : George Ofori

Download or read book The Construction Industry written by George Ofori and published by NUS Press. This book was released on 1990 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This basic text offers a comprehensive and fundamental description of the construction industry and the construction process, citing examples from several countries at various stages of development. It considers the features of the industry, describes factors influencing the demand for, and supply of construction, problems facing the industry and ways of planning for and managing its development.The book should be a basic source of information on the construction industry for undergraduate and postgraduate courses in architecture, construction management, quantity surveying, related engineering fields and estate management. It should also be of relevance to administrators of the construction industry.

Modern Construction Economics

Author : Gerard de Valence
Publisher : Routledge
ISBN 13 : 1134153686
Total Pages : 322 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Modern Construction Economics by : Gerard de Valence

Download or read book Modern Construction Economics written by Gerard de Valence and published by Routledge. This book was released on 2010-11-10 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional building economics has primarily been concerned with issues around project appraisal and cost management techniques. On the other hand, modern construction economics has a wider focus with stronger links to mainstream economics, reflecting an increased interest in a range of theoretical issues in construction economics, both at the macro and micro level. In Modern Construction Economics: Theory and Application, a variety of approaches are used to present a coherent vision of synthesis between industry economics and project economics. Topics covered include: developing construction economics as idustry economics competition and barriers to entry in construction innovation in construction theory testing in construction management research collusion and corruption in the construction sector. Including contributions from academics in the UK, Sweden, Hong Kong, and Australia, this is a truly global review of a core issue for the construction industry worldwide. The result is a unique book that will push toward the development of a comprehensive theoretical framework of construction economics. This is a must-read for all serious students of construction economics, and all practitioners looking for a deeper understanding of their industry.

Economics for the Modern Built Environment

Author : Les Ruddock
Publisher : Routledge
ISBN 13 : 1134051905
Total Pages : 294 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Economics for the Modern Built Environment by : Les Ruddock

Download or read book Economics for the Modern Built Environment written by Les Ruddock and published by Routledge. This book was released on 2008-10-10 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent decades have seen a major social and economic changes across the developed world and consequent changes in the construction and property industries. The discipline of construction economics needs to respond to this. For instance, the importance of sustainable development has become recognised, as has the need to increasingly master the mediu

Construction Economics

Author : Stephen Gruneberg
Publisher : Bloomsbury Publishing
ISBN 13 : 134913998X
Total Pages : 287 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Construction Economics by : Stephen Gruneberg

Download or read book Construction Economics written by Stephen Gruneberg and published by Bloomsbury Publishing. This book was released on 1997-11-11 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with the economics of construction at three levels: the industry, the firm and the project. It is intended for a broad range of undergraduate students of the built environment - architect, surveyor, engineer. It is divided into three parts: the first deals with the construction industry, its economic development, structure and role in the economy. Construction is seen as a production process. Part 2 covers the practical management of firms and examines costs, revenues and markets from the point of view of economists and managers. Part 3 deals with strategic decision making involved in property development and project appraisal and looks at feasibility studies. It links the economics of the production process of construction to the economics of its output, namely the buildings and structures of the built environment.

Construction Economics and Cost Management for Civil Engineers

Author : Sarah Crowe
Publisher :
ISBN 13 : 9781682850152
Total Pages : 0 pages
Book Rating : 4.8/5 (51 download)

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Book Synopsis Construction Economics and Cost Management for Civil Engineers by : Sarah Crowe

Download or read book Construction Economics and Cost Management for Civil Engineers written by Sarah Crowe and published by . This book was released on 2016-06-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a compilation of chapters that discuss the most vital concepts and emerging trends in the field of civil engineering. Thoroughly elucidated in this book are significant concepts of construction economics, such as quantity surveying, property management, etc. It is compiled in such a manner, that it will provide in-depth knowledge about the various theories and their applications for construction economics procedures. The extensive content of this book will provide the readers with a comprehensive understanding of the emerging topics and trends of this subject.

Building Economics: Theory and Practice

Author : Rosalie Ruegg
Publisher : Springer Science & Business Media
ISBN 13 : 1475746881
Total Pages : 492 pages
Book Rating : 4.4/5 (757 download)

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Book Synopsis Building Economics: Theory and Practice by : Rosalie Ruegg

Download or read book Building Economics: Theory and Practice written by Rosalie Ruegg and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: We no longer build buildings like we used to nor do we pay for them in the same way. Buildings today are no longer only shelter but are also life support systems, communication terminals, data manufacturing centers, and much more. Buildings are incredibly expensive tools that must be constantly adjusted to function efficiently. The economics of building has become as complex as its design. When buildings were shelter they lasted longer than their builders. The av erage gothic master mason lived 35 or 40 years. Cathedrals took 3 or 4 hundred years to build. Cost estimates were verified by great great grandchildren of the original designer. Today, creative economics has become as important as creative design and creative building. The dient brings builder, contractor, architect, and facilities manager to account in their life time. The cost of building can therefore no longer be left to chance or act of god. Solutions are no longer as ingeniously simple as those proposed by a Flor entine builder early in the 15th century. He proposed to center the dome of S. Maria deI Fiore on a great mound of earth mixed with pennies. When the job was done street urchins would carry away the dirt in their search for the pennies. This was a serious suggestion offered by an early construction manager before Brunelleschi solved the problem more sensibly.

The Economics of the Modern Construction Sector

Author : G. Ive
Publisher : Springer
ISBN 13 : 0230510914
Total Pages : 293 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The Economics of the Modern Construction Sector by : G. Ive

Download or read book The Economics of the Modern Construction Sector written by G. Ive and published by Springer. This book was released on 2000-07-31 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will be of interest to built environment professionals and to students of the economics and management of the built environment. It shows the value of integrating ideas and data about the production of the built environment as an industrial process with theories and data about the demand for construction. The approach taken is institutional and post-Keynesian, and illuminates an important and distinctive sector of the economy, embracing design, construction and property industries. This book offers some new and important perspectives for research and teaching in construction economics and management.

Construction Equipment Economics V2

Author : Mike Vorster
Publisher :
ISBN 13 : 9780578903057
Total Pages : pages
Book Rating : 4.9/5 (3 download)

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Book Synopsis Construction Equipment Economics V2 by : Mike Vorster

Download or read book Construction Equipment Economics V2 written by Mike Vorster and published by . This book was released on 2021-06-30 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A desk book for practicing professionals in the management of mobile equipment in construction, mining and forrestry.

Project Life Cycle Economics

Author : Mr Massimo Pica
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1472419669
Total Pages : 441 pages
Book Rating : 4.4/5 (724 download)

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Book Synopsis Project Life Cycle Economics by : Mr Massimo Pica

Download or read book Project Life Cycle Economics written by Mr Massimo Pica and published by Gower Publishing, Ltd.. This book was released on 2015-04-28 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financing of modern construction projects reflects the need to address the costs and benefits of the whole life of the project. This means that end of life economics can now have a far greater impact on the planning and feasibility phases. During the project itself, decisions on construction materials and processes all influence the schedule as well as both immediate and down-the-line costs. Massimo Pica and his co-authors explain in detail the fundamentals of project life cycle economics and how they apply in the context of complex modern construction. This is an essential guide for those involved in construction project design, tendering and contracting; to help ensure the sustainability of the project or their contribution to it, from the start. It is also important for those involved in the delivery of the project to help them make the choices to keep the project on a financial even keel. Government, corporations and other organizations are looking for new models of collaborative working to fund their large construction and infrastructure projects in the face of changing attitudes to risk; a better educated and more demanding base of end-user clients and the increasing requirements for projects that are environmentally responsible and sustainable. Project Life Cycle Economics is a fundamental primer for those commissioning and those delivering construction.

Construction Economics

Author : Danny Myers
Publisher : Routledge
ISBN 13 : 0415527783
Total Pages : 354 pages
Book Rating : 4.4/5 (155 download)

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Book Synopsis Construction Economics by : Danny Myers

Download or read book Construction Economics written by Danny Myers and published by Routledge. This book was released on 2013 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students across a wide range of disciplines, ranging from construction management and construction engineering through to architecture, property and surveying should find this an invaluable textbook.

Design and the Economics of Building

Author : D. Jaggar
Publisher : Taylor & Francis
ISBN 13 : 1135823782
Total Pages : 407 pages
Book Rating : 4.1/5 (358 download)

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Book Synopsis Design and the Economics of Building by : D. Jaggar

Download or read book Design and the Economics of Building written by D. Jaggar and published by Taylor & Francis. This book was released on 2003-09-02 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: A textbook on design economics for students of architecture, building and quantity surveying, it examines the links between design and the costs of building as well as more general economic issues and their significance for designers and builders.

Building Economics

Author : Ivor H. Seeley
Publisher :
ISBN 13 : 9780333350386
Total Pages : 304 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis Building Economics by : Ivor H. Seeley

Download or read book Building Economics written by Ivor H. Seeley and published by . This book was released on 1983 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Theory and the Construction Industry

Author : Patricia M. Hillebrandt
Publisher :
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Economic Theory and the Construction Industry by : Patricia M. Hillebrandt

Download or read book Economic Theory and the Construction Industry written by Patricia M. Hillebrandt and published by . This book was released on 1974 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: UK. Monograph on the economics of the construction industry - presents an economic analysis of supply and demand functions, types of cost relationship, pricing, competition, profits, etc., and covers relevant areas of economic theory. References.

Economics of Property Management: The Building as a Means of Production

Author : Herman Tempelmans Plat
Publisher : Routledge
ISBN 13 : 1136408789
Total Pages : 210 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Economics of Property Management: The Building as a Means of Production by : Herman Tempelmans Plat

Download or read book Economics of Property Management: The Building as a Means of Production written by Herman Tempelmans Plat and published by Routledge. This book was released on 2012-06-25 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic analysis of a building is a complex subject and traditionally it has focused on a single aspect of the structure or a single part of the construction process. Dr Tempelmans Plat is a leading proponent of a new methodology which focuses on the building as a stock of services to be supplied over a long lifespan. This method is more realistic since it takes into account the changes in use and the adaptation of the building over its life. This book will be the first to make this method comprehensible to a wide audience of postgraduate students and professionals in the field of construction economics.