The Economics of the Modern Construction Sector

The Economics of the Modern Construction Sector PDF Author: G. Ive
Publisher: Springer
ISBN: 0230510914
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
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.

The Economics of the Modern Construction Sector

The Economics of the Modern Construction Sector PDF Author: G. Ive
Publisher: Springer
ISBN: 0230510914
Category : Business & Economics
Languages : en
Pages : 275

Get Book

Book Description
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.

The Economics of the Modern Construction Firm

The Economics of the Modern Construction Firm PDF Author: S. Gruneberg
Publisher: Springer
ISBN: 0230510434
Category : Technology & Engineering
Languages : en
Pages : 307

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Book Description
This is a book about the whole diverse range of firms that are found in the construction sector, about their decision-making and the economic environments in which they operate. The authors aim to provide a new and coherent perspective on these firms and the choices they have to make - both for their managers and for all who have a stake in these firms and their industry. This book offers some new and important perspectives for research and teaching about construction firms.

Modern Construction Economics

Modern Construction Economics PDF 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.

The Economics of the Construction Industry

The Economics of the Construction Industry PDF 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.

Economics for the Modern Built Environment

Economics for the Modern Built Environment PDF Author: Les Ruddock
Publisher: Routledge
ISBN: 1134051905
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
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

A Strategic Approach to the UK Construction Industry

A Strategic Approach to the UK Construction Industry PDF Author: Stephen Gruneberg
Publisher: Routledge
ISBN: 135161178X
Category : Business & Economics
Languages : en
Pages : 84

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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.

Economics for the Modern Built Environment

Economics for the Modern Built Environment PDF Author: Les Ruddock
Publisher: Routledge
ISBN: 1134051913
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
Construction economics needs to respond to the new emphasis on sustainable development, on the medium and long-term consequences of construction, on the whole life-cycle, and on the service rendered by buildings. Its focus now extends from design and construction, to the operation, maintenance, refurbishment and demolition of property.Drawing on the work of the CIB Task Group on Macroeconomics for Construction, this book discusses mesoeconomic and macroeconomic models and methodologies in construction economics and is suited to graduate students and researchers.

Construction Economics

Construction Economics PDF Author: Danny Myers
Publisher: Routledge
ISBN: 1135951217
Category : Architecture
Languages : en
Pages : 354

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Book Description
Construction Economics provides 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 edition has been revised to explain the effects of the current economic crisis on the construction industry. In addition, sections relating to less developed countries, the economics of sustainable development and theories relating to a firm's bid strategy 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 points a 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 websites This invaluable textbook is essential reading across a wide range of disciplines from construction management and civil engineering to architecture, property and surveying.

Real Estate, Construction and Economic Development in Emerging Market Economies

Real Estate, Construction and Economic Development in Emerging Market Economies PDF Author: Raymond Talinbe Abdulai
Publisher: Routledge
ISBN: 131764784X
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Real Estate, Construction and Economic Development in Emerging Market Economies examines the relationships between real estate and construction sectors and explores how each sector, and the relationships between them, affect economic development in emerging market economies (EMEs). Throughout the book, the international team of contributors discuss topics as diverse as real estate finance and investment, housing, property development, construction project management, valuation, sustainability and corporate real estate. In doing so the book demonstrates how the relationship between construction and real estate impacts on economic development in countries such as Argentina, Brazil, Colombia, China, Ghana, Nigeria, Turkey, Lithuania, Hungary and Slovenia. Topics include: the role of real estate brokerage in improving the living standards of citizens; the effect of a mineral boom on construction cycles, real estate values and the socio-economic conditions of people in boom towns and cities; corporate real estate management practices and how they affect economic growth; and the synergies between construction and real estate and how they, in turn, affect economic development. This book will be of interest to those studying and researching real estate, construction, development studies, urban economics and emerging market economies.

Construction Economics

Construction Economics PDF Author: Stephen Gruneberg
Publisher: Bloomsbury Publishing
ISBN: 134913998X
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
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.