Construction Economics

Construction Economics provides students with the principles and concepts underlying the relationship between economic theory and the construction industry. This new edition has been fully revised with a new introduction which provides an overview if economic developments since the Global Financial Crisis, and introduces new economic thinking.

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Construction Economics provides students with the principles underlying the relationship between economic theory and the construction industry. Its new approach specifically examines the problems of securing sustainable construction.

The new edition has been fully revised to provide an overview of the economy and construction markets since the global financial crisis. As such it examines the challenges of changing government policy, adapting to climate change, adopting BIM, and reducing costs. A new introduction along with new readings, data, examples, glossary items, government strategies, and references, revises this established core text and brings it up to the historic EU referendum. As with previous editions, it retains a tried and tested format:






a clear and user-friendly style



use of a second colour for emphasis



regular summaries of key points



a glossary of construction economics



extensive use of tables and figures



extracts from Construction Management and Economics



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.