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It will introduce you to the basics of economics as they relate to the built environment by looking at the principles of microeconomics (markets, price mechanisms, resource allocation, theory of the firm, etc.) and then put these principles into the context of construction firms and Property markets.
This text investigates the fundamental economic principles that govern the construction industry and property markets. J. E. Manser provides a structured introduction to microeconomic theory, specifically tailored for students and professionals within the built environment sector. By bridging abstract economic concepts with practical industry applications, the author establishes a framework for understanding how market forces, pricing mechanisms, and resource allocation influence construction firms and real estate development.
What You Will Find
Experts and educators recognize this text as a foundational resource for students entering the fields of construction management and property development. Readers frequently note the clarity of the prose, which effectively translates complex economic theory into accessible concepts for those without a formal background in the discipline.
Page Count:
312
Publication Date:
2003-01-01
Publisher:
CRC Press LLC
ISBN-10:
0203474481
ISBN-13:
9780203474488
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