Construction Economics: A New Approach

Construction Economics provides students with the principles underlying the relationship between economic theory and the construction industry, focusing on securing sustainable construction and the economic impact of the Covid pandemic. It also includes new coverage of technology, higher standards, a circular economy, retrofit of existing buildings, and recycling of materials.

Format: Hardback
Length: 356 pages
Publication date: 23 May 2022
Publisher: Taylor & Francis Ltd

Construction Economics is a comprehensive textbook that delves into the intricate relationship between economic theory and the construction industry. With its fifth edition, the book takes a fresh approach, specifically focusing on the challenges of achieving sustainable construction in the face of the pressing issues related to our carbon-based world. By embracing the entire construction life cycle, the textbook discusses the economic implications of the COVID-19 pandemic on the industry and the broader goals of building back better. It also includes extensive coverage of technological advancements, the establishment of higher standards for energy efficiency and well-being, the adoption of circular economy principles, the retrofitting of existing buildings, and the recycling of materials.

In addition, new sections highlight the methodology employed in construction economics to identify its boundaries and clarify the expectations and achievements that can be attained. The textbook maintains a familiar and effective format, including clear and user-friendly writing, the use of color to emphasize key points, regular summaries of important concepts, a comprehensive glossary of key terms, extensive use of tables, figures, and data, readings from Construction Management and Economics, tutorial questions to review each section, research guidance, and reviews of useful websites.

This invaluable textbook serves as a crucial resource for students across a wide range of disciplines. It provides the economic context for understanding the relevance of sustainability and the ongoing debates about climate change. By highlighting the vital contributions of surveyors, contractors, project managers, engineers, architects, and developers, Construction Economics underscores the importance of their roles in shaping a more sustainable and resilient construction industry. Whether you are a student of construction management, economics, or environmental studies, this textbook offers valuable insights and perspectives that will enhance your understanding of the complex dynamics and challenges facing the construction sector today.

Weight: 840g
Dimension: 246 x 189 (mm)
ISBN-13: 9781032262826
Edition number: 5 ed