Economic Theory and the Construction Industry PDF Download
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Author: Patricia M. Hillebrandt
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Textbook, economics, economic theory, construction industry - supply and demand, cost, pricing, markets, investment, Western Europe, USA. Bibliography, graphs, statistical tables.
Author: Patricia M. Hillebrandt
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
Textbook, economics, economic theory, construction industry - supply and demand, cost, pricing, markets, investment, Western Europe, USA. Bibliography, graphs, statistical tables.
Author: Patricia M. Hillebrandt
Publisher: Springer
ISBN: 1349179345
Category : Business & Economics
Languages : en
Pages : 226
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Book Description
Author: Patricia M. Hillebrandt
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
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.
Author: Gerald Finkel
Publisher: Routledge
ISBN: 1317457285
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
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.
Author: Gerard de Valence
Publisher: Routledge
ISBN: 1134153686
Category : Architecture
Languages : en
Pages : 322
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Book Description
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.
Author: Danny Myers
Publisher: Taylor & Francis
ISBN: 9780415286398
Category : Architecture
Languages : en
Pages : 300
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Book Description
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.
Author: P. Hillebrandt
Publisher: Springer
ISBN: 0230372481
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
This revised edition of an established classic textbook brings the subject right up to date. It applies economic theory to the formation of demand on the construction industry and to the way the industry responds. This edition provides a topical assessment of the implication for competition of new methods of procurement, includes a new chapter on rehabilitation, repair and maintenance, and extends the use of theory to issues such as the problems of appropriate technology for developing countries, and contractors' diversification.
Author: Gerald Finkel
Publisher: Routledge
ISBN: 1317457277
Category : Business & Economics
Languages : en
Pages : 229
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Book Description
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.
Author: Stephen L. Gruneberg
Publisher: Economics of Big Business
ISBN: 9781788210140
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 196
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Book Description
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.
Author: Stephen Gruneberg
Publisher: Routledge
ISBN: 135161178X
Category : Business & Economics
Languages : en
Pages : 122
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Book Description
The construction industry is a microcosm of the economy as a whole, and as such the economics of the sector contains many of the aspects of the economy in general, albeit with fascinating and unique features. What are the implications of economic theory for the future of UK construction? How does the industry ensure innovation, quality and efficiency? What priorities might best serve the construction industry, those working in it and their customers? In seeking answers to these and other questions, the UK government has commissioned a number of reports on the construction industry including the Latham and Egan reports and more recently Construction 2025. These have invariably proposed time and cost targets for the construction industry. In this new book, Stephen Gruneberg stands in stark contrast to those reports and presents the relevant theoretical aspects of construction economics to account for the behaviour of construction firms and suggest a strategy for future growth and sustainability. He discusses the theory and data relating to the output of firms in relation to the type of firm, the market and how these firms behave as a result. The purpose of this book is to advocate the measures needed to create the kind of industry that must be fostered to ensure the quality of its output, sustainability and the fair terms and conditions of employment for its workforce. Gruneberg’s new book is essential reading for anyone wishing to understand the economic forces that determine industry outcomes and who has a stake in the success of the UK construction sector.
